Ally Financial (NYSE: ALLY) is exiting from the mortgage origination business while cutting hundreds of jobs companywide. The digital-only bank’s layoffs will affect less than 5% of its workforce, according to a statement from bank spokesperson Peter Gilchrist to The...
The US Department of Justice (DOJ) announced The Mortgage Firm Inc. agreed to a settlement that resolves allegations that it redlined predominantly Black and Hispanic neighborhoods in the Miam metro area. Headquartered in Altamonte Springs, Florida, The Mortgage Firm...
A civil court judge in Wake County, North Carolina, has restored the deed to a dentist’s home that was stolen in a case that generated national attention. WRAL reports Dr. Craig Adams needed to go to court to void the fraudulent deed on his property filed by Dawn...
First-time homebuyers entering the housing market are being advised to consider Pennsylvania’s capital for the new residence. According to the 2025 Realtor.com Best Markets for First-Time Homebuyers report, Harrisburg, Pennsylvania, was ranked number one among markets...
Kimco Realty (NYSE: KIM), a Jericho, New York-based real estate investment trust (REIT) and owner/ operator of open-air, grocery-anchored shopping centers and mixed-use properties, has acquired The Markets at Town Center, a 254,000-square-foot property in...
