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Ground Breaking on New DC-Area Apartment Complex

Ground Breaking on New DC-Area Apartment Complex

by Phil Hall | Nov 30, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Greystar Real Estate Partners LLC and Partners Group, a global private markets firm, have broken ground on a new apartment building in a suburb of Washington, D.C. The 26-story tower at 7340 Wisconsin Ave. in Bethesda, Maryland, was designed by SK& I Architecture...
Q3 Mortgage Originations Down 3% From Previous Quarter

Q3 Mortgage Originations Down 3% From Previous Quarter

by Phil Hall | Nov 30, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 1.54 million mortgages secured by residential property (one to four units) were issued during the third quarter, according to new data from ATTOM. This represents a 3% decline from the second quarter and the ninth decline in the last 10 quarters – the...
Brandon Milhorn Tapped to Become Next Chief Executive for the CSBS

Brandon Milhorn Tapped to Become Next Chief Executive for the CSBS

by Phil Hall | Nov 30, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Conference of State Bank Supervisors (CSBS) announced the appointment of Brandon Milhorn as its next president and CEO, effective Dec. 4. He succeeds James M. Cooper, who is retiring. Milhorn is currently deputy to Travis Hill, vice chairman of the Federal Deposit...
Pending Home Sales at Historic Low Level

Pending Home Sales at Historic Low Level

by Phil Hall | Nov 30, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales were at a historic low level in October, according to new data from the National Association of Realtors (NAR). The NAR Pending Home Sales Index (PHSI) in October fell 1.5% from the previous month to 71.4, the lowest number since the index was...
New Documentary Series ‘L.O. Confidential’ Focuses on Mortgage Originators

New Documentary Series ‘L.O. Confidential’ Focuses on Mortgage Originators

by Phil Hall | Nov 29, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fairway Independent Mortgage Corp. has produced a three-part documentary series about its mortgage originators. “L.O. Confidential: A Season on the Street” follows three Fairway teams in Arizona, Indiana and Texas over several months. The episodes detail how the loan...
BMO Expands Welcome Home Grant Program to California

BMO Expands Welcome Home Grant Program to California

by Phil Hall | Nov 29, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

BMO Financial Group has announced a $2 million commitment to expand its Welcome Home Grant program to California. The program offers up to $16,000 in grants to eligible borrowers to help with down payment and closing costs, helping buyers in underserved communities...
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