A total of 8,388 homes were sold in Virginia during March, an increase of 679 sales compared to last year, an 8.8% gain. This marks the third consecutive month of year‑over‑year growth. March sales also rose 27.5% from February, while year-to-date sales were up by...
Midwest Real Estate Data (MRED) announced to nationwide expansion of its MLS service, including the Private Listing Network (PLN), to any licensed agent. MRED also announced that Compass International Holdings (NYSE: COMP) became the first brokerage to provide its...
A former Illinois contractor avoided prison time when a judge sentenced him to three years of supervised release, 200 hours of community service and a $9,500 fine for his role in a bank fraud scheme involving straw buyers and overvalued properties. The Belleville...
The Department of Justice (DOJ) is dropping its efforts to investigate the Federal Reserve and its chairman, Jerome Powell, over cost overruns on the central bank’s headquarters. Sen. Thom Tillis (R-NC), a member of the Senate Banking Committee, vowed to block...
The national mortgage delinquency rate declined by 37 basis points (bps) in March to 3.35%, although it was 14 bps above last year’s level, according to data from Intercontinental Exchange Inc. (NYSE: ICE). Prepayment speeds (SMM) were up by 24 bps from February to...
Elected officials in Florida’s Hillsborough County have told the Tampa Bay Rays that they cannot meet the team’s demand to approve a financing deal on a proposed new stadium by June 1. According to a WUSF report, the county said questions about funding, risk and the...
