Mortgage credit availability was on the rise during May, according to the Mortgage Credit Availability Index (MCAI) data published by the Mortgage Bankers Association (MBA). The MCAI rose by 2.1% to 105.1 in May; the index was benchmarked to 100 in March 2012. The...
An upstate New York tax preparer and insurance agent was arrested for allegedly operating a massive Ponzi scheme for over three decades that stole more than $50 million from 988 real estate investors. According to the charges brought against him, Miles Burton Marshall...
This week, Tech Trends highlights four platforms designed to improve the lives of homebuyers, real estate agents and roofing professionals. Introducing Visibl. Santa Ana, California-based Visbl, a fintech platform for borrowers seeking mortgages, has announced its...
A total of 35,498 residential properties had foreclosure filings in May, according to new data from ATTOM. That level marked a 1% decline from April, but it was also a 9% uptick from May 2024. Nationwide, one in every 4,009 housing units had a foreclosure filing last...
The City of Philadelphia’s Department of Records has jettisoned its longtime paper-based process of reporting deed fraud with a new digital online system. Up until now, Philadelphia residents filing reports of deed fraud had to fill out a paper form by hand either...
Hits and Misses for the Real Estate Week of April 27-May 1
