White House officials are reportedly angry with Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), for influencing President Trump to announce his poorly received plan for a 50-year mortgage to encourage affordable homeownership. Politico, sourcing...
The State of New Jersey has reached a $2.8 million settlement with Florida-based MV Realty that resolves claims of deceptive lending in the company’s so-called “Homeowner Benefit Agreements” (HBAs). MV Realty provided “financially distressed” homeowners with an...
Sonder Holdings Inc. (NASDAQ: SOND), a San Francisco-headquartered operator of short-term rental apartments and boutique hotels, announced a winding down of its operations immediately and the Chapter 7 liquidation of its US business while initiating insolvency...
Eagle Partners, an affiliate of Eagle Real Estate Investment Group, announced the closing of a $107-million affordable housing preservation acquisition, The Hills at Hacienda Heights, a 350-unit apartment community in the San Gabriel Valley of Los Angeles. Situated on...
The National Association of Realtors (NAR) announced the appointment of David Conroy as chief data officer and senior vice president of strategy and innovation, a newly created role. In this position, Conroy will guide enterprise-wide data strategy, unify disparate...
REMAX Canada has hired Damon Conrad as vice president for commercial. Conrad joins REMAX Canada from Royal LePage Commercial, where he served as vice president and general manager. In his new job, he will be based in Toronto and lead the company’s Canadian commercial...