The world’s richest man talks about real estate, a tenant pulls a fast one on his trusting landlord and a historic theater gets a new lease on life. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Hit: Mr. Musk Weighs...
Mariah Carey hit a decidedly off-key note in the effort to sell her Atlanta mansion. According to the Atlanta Journal-Constitution, the Grammy-winning music star acquired her 4-acre property featuring a 12,575-square-foot residence with nine bedrooms and nine...
Inflation is hammering homeowners who were previously eager to pursue renovations on their residence, according to a new survey from Discover Home Loans. However, a challenging economy is also keeping most of their homeowners from moving out and searching for a new...
The Federal Home Loan Bank of Boston (FHLBank Boston) is rolling out Lift Up Homeownership, a pilot program designed provide down payment and closing cost assistance to people of color who are purchasing their first home. Lift Up Homeownership will be available to...
The Mortgage Bankers Association (MBA) reported that commercial and multifamily mortgage delinquencies increased in the first quarter of this year. Within this sector, the delinquency rate was highest for commercial mortgage-backed securities (CMBS) at 3%, an increase...
The U.S. Department of Justice (DOJ) has reached a $3 million settlement with ESSA Bank & Trust (ESSA) to resolve allegations that it engaged in the redlining of majority-Black and Hispanic neighborhoods in and around Philadelphia. According to the DOJ, ESSA...