A pause on a problematic affordable housing plan, an urban development project to be built without public funds, and a historic theater’s surprise honor. From the wild and wooly world of real estate, here are our Hits and Misses for July 22-28. Hit: Not So Fast,...
Tim Hudak has announced he is stepping down as CEO of the Ontario Real Estate Association (OREA) on Aug. 2. Hudak joined OREA in 2016 after a political career that culminated in his 2009 appointment as the leader of the Progressive Conservative Party of Ontario. Hudak...
Rent2Cash, an Italian start-up that offers up to three years in “rental advance” services to landlords, announced its closing on a €3 million (roughly $3.25 million) pre-seed round and the launch of its operations in Italy. Rent2Cash offers upfront payouts of up to...
Affordable homeownership continued to be an elusive concept in Wisconsin as declines in home sales and new listings fueled an increase in home prices. According to new data from the Wisconsin Realtors Association (WRA), June’s home sales were down 10.5%...
Dallas-headquartered Mr. Cooper Group Inc. (NASDAQ: COOP) is acquiring the mortgage operations of Flagstar Bank for $1.4 billion. The acquisition encompasses Flagstar’s MSRs, advances, subservicing contracts, and a third-party origination platform. The purchase will...
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/