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CrossCountry Mortgage Raises Its Agency Conforming Loan Limits

CrossCountry Mortgage Raises Its Agency Conforming Loan Limits

by Phil Hall | Sep 25, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cleveland-headquartered CrossCountry Mortgage (CCM) has increased its agency conforming loan limits to $819,000, up from the current $806,500. According to the company, this action comes through CCM’s Early Bird Program and is being enacted months ahead of the...
Floating Solar PV System to Power Student Housing at Florida School

Floating Solar PV System to Power Student Housing at Florida School

by Phil Hall | Sep 25, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Fort Lauderdale-based Nova Southeastern University (NSU) has become the first US university to host a commercial floating solar photovoltaic (FPV) system, which is being used to power one of its student housing complexes. The 700kW array, developed by D3Energy, spans...
Steve Bakke Named EVP/CFO at Postal Realty Trust

Steve Bakke Named EVP/CFO at Postal Realty Trust

by Phil Hall | Sep 25, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Postal Realty Trust, Inc. (NYSE: PSTL), a real estate investment trust that owns and manages over 2,200 properties leased primarily to the US Postal Service, announced the appointment of Steve Bakke as executive vice president, chief financial officer and the...
$48 Million Beverly Hills Estate Topped August’s List of Most Expensive Home Sales

$48 Million Beverly Hills Estate Topped August’s List of Most Expensive Home Sales

by Phil Hall | Sep 24, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The $48 million price tag on the Beverly Hills estate previously owned by billionaire real estate magnate and 2022 Los Angeles mayoral candidate Rick Caruso topped the list of the most expensive home sales during August, according to a new report from Redfin. Two of...
Mortgage Delinquency Rate Up During August

Mortgage Delinquency Rate Up During August

by Phil Hall | Sep 24, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The national mortgage delinquency rate rose by 16 basis points (bps) in August to 3.43%, a 10-bps year-over-year upswing. According to data from ICE Mortgage Technology, August’s rise follows delinquency rate declines from June and July. FHA loans recorded the largest...
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