Unregistered Mortgage Broker Fined $33,000 by British Columbia Regulator
The British Columbia Financial Services Authority (BCFSA) has ordered Charles Funaro and his companies 0643025 B.C. Ltd. and CAD Investments Ltd. to pay a joint administrative penalty of $30,000 for conducting business as a mortgage broker or submortgage broker...
Portugal Allocates $2.2 Billion to Build 33,000 Homes by 2030
The government of Portugal is addressing a nationwide housing shortage by allocating $2.2 billion to construct approximately 33,000 homes by 2030. According a Reuters report, Portugal’s Infrastructure Minister Miguel Pinto Luz said 10,000 of the new homes will have...
Report: Global 3D Printing Construction Market to Reach $20.5 Billion by 2032
The global 3D printing construction market was valued at $36.71 million in 2023 and is expected to reach $20.56 billion by 2032, growing at a compounded annual growth rate of 102%, according to a new report by SNS Insider Research. The Asia-Pacific region led the 3D...
Two Quebec Real Estate Brokers Suspended for Bogus Offer Scheme
Two Quebec real estate brokers had their licenses suspended for two months after being accused of encouraging friends and family members to submit phony bogus offers as part of a scheme to drive up home prices. CTV News reported the regulator for the province’s real...
European Central Bank Cuts Rates Again
The European Central Bank (ECB) announced its second rate cut of the year by lowering its deposit facility rate by 25 basis points to 3.50%. The ECB’s interest rates on the main refinancing operations and the marginal lending facility were also decreased to 3.65% and...
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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/
