Texas Realtors announced that President and CEO Travis Kessler will retire on March 31, 2025, from the position he has held since 2010. Mike Barnett, who has served as the 155,000-member organization’s executive vice president for the past 12 years, will assume...
The Mortgage Bankers Association (MBA) is proposing the creation of a new Ginnie Mae securitization that would bring more private capital sources of liquidity to support Ginnie Mae issuers in the event of excessive market tumult. Under MBA’s proposal, an Early-Buyout...
The Bascom Group LLC, an Irvine, California-headquartered private equity firm, has acquired 2300 Elliott, a 92-unit multifamily community in Seattle. Built in 1992, the property features a five-story residential building situated above two levels of structured...
Mortgage rates continued to decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.60% as of Dec. 12, down from last week when it averaged 6.69%. A year ago at this time, it averaged...
A total of 74,618 single-family homes and condominiums were flipped in the third quarter, according to new data from ATTOM. This accounted for 7.2%, or one of every 14 home sales, during that period. The third quarter total is down slightly from 7.6% of all sales in...
Home sales activity was on the rise across the Mid-Atlantic region in November, according to new data from Bright MLS. Across the Bright MLS service area, there was a 5.7% year-over-year increase in the number of homes for sale. This marked the third consecutive month...
FHFA’s Pulte Begins New Intelligence Chief Job One Day Early
