Senate Democratic Leader Chuck Schumer slammed President Donald Trump’s announcement that he planned to take Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) public, claiming it would only “line the pockets of the wealthy” while jacking up mortgage costs. The...
The condo market has become so bad – pause for a “Match Game”-style response of “How bad is it?” – that nearly seven in 10 (68%) condos sold below list price in the first quarter, the lowest share in five years. Furthermore, new data from Redfin (NASDAQ: RDFN) found...
President Donald Trump announced that he planned to take Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) public, which would end the federal conservatorship of the government-sponsored enterprises that have been in place since September 2008. In a post on his...
Strawberry Fields REIT Inc. (NYSE American: STRW) is paying $59 million to an unaffiliated seller for the purchase of nine healthcare facilities in Missouri. The nine facilities are comprised of 686 licensed beds. The company plans to lease eight of the facilities to...
A California real estate developer is facing charges from the US Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) for defrauding hundreds of investors. According to the nine-count DOJ indictment, Kenneth W. Mattson was the president of...
The Securities and Exchange Commission (SEC) has charged New York City-based Unicoin Inc., a cryptocurrency company, with making false and misleading statements in an offering of certificates that purportedly conveyed rights to receive crypto assets called Unicoin...
Sales of New Single-Family Homes Declined While the Median Sale Price Incre…
