Axos Closes Purchase of Two Loan Portfolios from the FDIC
Las Vegas-baed Axos Financial Inc. (NYSE: AX) announced that its wholly-owned subsidiary Axos Bank has completed the acquisition of two performing commercial real estate loan portfolios from the Federal Deposit Insurance Corp. (FDIC) at a purchase price equal to...
Off-Duty NYPD Officers Stop Arsonist Trying to Torch Martin Luther King Jr. Home in Atlanta
A pair of off-duty New York City police officers helped to stop a would-be arsonist from setting fire to the Atlanta birth home of Rev. Dr. Martin Luther King Jr. According to combined media reports, a woman poured gasoline over the house’s front porch and bushes, but...
New Bill Would Ban Hedge Funds from Owning Single-Family Homes
New legislation introduced by Democrats in both chambers of Congress seeks to prevent hedge funds from purchasing single-family homes. The End Hedge Fund Control of American Homes Act of 2023 was presented in the House by Rep. Adam Smith (D-WA) and in the Senate by...
eXp Realty Expands Luxury Program to Four Countries
eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), is expanding its eXp Luxury real estate program into Australia, New Zealand, South Africa and the United Kingdom. eXp Luxury launched in October 2022 in the U.S. and expanded in Canada last September...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
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/
