The national mortgage delinquency rate rose by 7 basis points (bps) in February to 3.72%, driven by a 4% seasonal rise in early (30-day) delinquencies and a 3% rise in seriously delinquent (90-plus day) loans. According to data from Intercontinental Exchange Inc....
Dallas-headquartered Appreciation Homes LLC has rolled out its Direct Title Security (DTS) offering, an investment vehicle designed to provide accredited investors with direct ownership of single-family rental (SFR) properties while maintaining the income profile of...
Forest Development and Royal Palm Companies announced the grand opening of Nautilus 220, a luxury mixed-use waterfront destination along the Lake Park Harbor Marina in Florida’s Palm Beach County. Encompassing 1.15-million square feet, Nautilus 220 features 330...
New York City Mayor Zohran Mamdani has unveiled Neighborhood Builders Fast Track, an expedited process designed to speed the delivery of affordable housing on city-owned land. Under this new initiative, the city’s Department of Housing and Preservation Development...
Sen. Josh Hawley (R-MO) announced he has begun an investigation into the Fair Isaac Corp. (NYSE: FICO) to determine if the company’s pricing practices in the mortgage credit scoring market has contributed to the affordability challenges in the housing market. Hawley...
An internal investigation by the Chicago Housing Authority (CHA) has determined Commissioner Debra Parker has committed housing voucher fraud. WBEZ reports Parker, who has served on the CHA board since 2018, has participated in the Housing Choice Voucher program (also...
Ex-Massachusetts Real Estate Executive Sentenced for Tax Fraud and Obstruct…
