Hawaiian residents are being warned against a new wave of real estate investment scams, including one that pretends to include actor Jason Momoa. Hawaii’s Department of Commerce and Consumer Affairs issued a warning that the scams involve letters that are designed to...
Mortgage application activity inched up for the week ending Nov. 8, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 0.5% on a seasonally adjusted basis from one...
The private equity executive Bill Pulte is reportedly being considered to become the next Secretary of the Department of Housing and Urban Development (HUD). Pulte is the CEO of Pulte Capital Partners and has gained prominence for his philanthropic endeavors on X...
Detroit-based Rocket Companies (NYSE: RKT) recorded a $481 million loss in the third quarter on $647 million in total revenue. The company’s dismal third quarter performance followed a mild $178 million profit in the second quarter, when the company’s total revenue...
The New York City townhouse that has been the home of the Friars Club, a legendary private club for the entertainment industry elite, is scheduled to go a foreclosure auction on Nov. 26. The New York Post reported the five-story, 14,541-square-foot, English...
Rafferty Holdings, a New York City-based private investment firm focused on asset management and fintech, announced the appointment of Michael Daly to launch its new investment strategy Rafferty Real Estate. In his new role, Daly will be responsible for designing the...
Hits and Misses for the Real Estate Week of June 15-19
