A federal appeals court has sided with Ginnie Mae in a dispute over reverse-mortgage collateral, delivering a consequential ruling for banks and other lenders financing issuers of government-backed mortgage securities.In a decision issued October 9, the U.S. Court of...
Swedish investment firm EQT has agreed to acquire San Francisco-based real estate manager Stockbridge for $375 million in cash, adding a substantial U.S. platform focused on industrial property, manufactured housing and other alternative real estate investments.The...
The typical asking price for a U.S. home slipped below its year-earlier level for the first time since March, another sign that sellers are adjusting expectations as high mortgage rates keep buyers on the sidelines.National median asking prices fell 0.3% from a year...
Fannie Mae’s latest housing forecast offers little relief for borrowers hoping high mortgage rates will be temporary. The housing-finance company’s Economic and Strategic Research group expects the average 30-year fixed mortgage rate to reach 7.4% in the...
The Federal Housing Administration will now insure financing for qualifying build-to-rent communities made up of detached houses, duplexes and triplexes, opening two established multifamily loan programs to rental developments that previously faced restrictions...
Real Brokerage Expands Agent Banking as Real Wallet Balances Reach $45 Mill…
Former eXp Agents Reach Settlement in Roberts Sexual Assault Lawsuit
