A former Florida attorney who owned a title company has pleaded guilty to three counts of wire fraud in a real estate scheme that federal prosecutors say exploited private lenders, mortgage lenders, escrow accounts and title-insurance representations. Michael Saracco,...
Airbnb is putting $250 million behind a new effort to get stalled housing developments moving, an unusually direct intervention in the housing-supply debate from a company that has spent years facing criticism over the effect short-term rentals can have on local...
The U.S. housing market has spent years arguing that it needs more homes. Builders are now sending a different signal: in many of the markets that produced the most new supply during the pandemic-era boom, they are pulling back. A new Zillow analysis released Sept. 14...
AB CarVal is putting $340 million of multifamily and build-to-rent construction debt onto its books, a transaction that offers another window into how private credit is moving into parts of real estate lending where traditional capital has become more selective. Funds...
The benchmark 10-year U.S. Treasury yield crossed 5% on Monday, a threshold it had not breached since October 2023, adding another jolt to mortgage pricing just one day before the Federal Reserve begins a two-day policy meeting. The move matters immediately to the...