CBRE Group (NYSE:CBRE) has raised its forecast for hotel performance this year, citing stronger-than-expected demand and more modest supply growth drive occupancy gains. In its revised forecast, CBRE is predicting 2023 revenue per available room (RevPAR) will reach...
The U.S. Federal Trade Commission (FTC) and the Utah Division of Consumer Protection (DCP) announced a settlement with the principals of a Utah-based real estate investment training company that involves a $15 million penalty and a permanent ban from being involved in...
The U.S. Department of Housing and Urban Development (HUD) has placed a renewed focus on Native American housing, with a new grant to aid this often-overlooked sector and a new officer dedicated to its needs. HUD awarded $95 million to 55 communities through the...
Mortgage Bankers Association President and CEO Bob Broeksmit took aim and fired an angry volley at politicians and regulators that he said were trying to burden the mortgage banking industry with a new round of onerous regulation. Speaking today at the trade group’s...
Mortgage applications for new home purchases were up by 4.1% in April from one year ago but were down 11% from March, according to new data from the Mortgage Bankers Association (MBA). The MBA estimated that new single-family home sales were running at a seasonally...
RE/MAX (NYSE:RMAX) announced the addition of 206 franchises to its network during the first quarter of this year, a nearly 17% year-over-year expansion. The Denver-based company also announced 293 existing RE/MAX brokerages, including 12 team offices and two...
AmeriHome Takes Nearly $395 Million of Agency-Eligible Mortgages to the Pri…
