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Refinancing Outpaces Purchase Loans in Latest MBA Data

Refinancing Outpaces Purchase Loans in Latest MBA Data

by Phil Hall | Apr 10, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Refinance activity outpaced purchase loans in the latest data from the Mortgage Bankers Association (MBA) covering the week ending April 5. The Market Composite Index, the MBA’s measure of mortgage loan application volume, inched up by a scant 0.1% on a seasonally...
UWM Pushes Back at Hedge Fund’s Claims of Fraudulent Business Practices

UWM Pushes Back at Hedge Fund’s Claims of Fraudulent Business Practices

by Phil Hall | Apr 10, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

United Wholesale Mortgage (UWM) (NYSE:UWMC) has pushed back on an attack against its operations by a hedge fund-backed Internet page that coincided with a lawsuit against the company and the hedge fund’s shorting of its stock. The lawsuit was filed last week by four...
Robert Caliguri Joins Marcus & Millichap Capital Corporation as Managing Director

Robert Caliguri Joins Marcus & Millichap Capital Corporation as Managing Director

by Phil Hall | Apr 10, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Marcus & Millichap Capital Corporation (MMCC), a subsidiary of Marcus & Millichap (NYSE: MMI), announced the hiring of industry veteran Robert Caliguri in its Manhattan office as a managing director of capital markets. Caliguri joins MMCC from JP Morgan Chase,...
HUD Allocates $10 Million for Community Revitalization Grants

HUD Allocates $10 Million for Community Revitalization Grants

by Phil Hall | Apr 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) has issued a new notice of funding opportunity through the FY24 Choice Neighborhoods Planning Grant to provide $10 million for support local planning efforts to revitalize communities. Approximately 20...
The Most Overpriced Housing Market Is…

The Most Overpriced Housing Market Is…

by Phil Hall | Apr 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Twelve of the nation’s 15 most overpriced housing markets are in Sun Belt states, according to February data from the Top 100 U.S. Housing Markets published by Florida Atlantic University and Florida International University. The new data report crowned Atlanta as the...
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