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New Managing Partner at Walker & Dunlop

New Managing Partner at Walker & Dunlop

by Phil Hall | Jan 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Walker & Dunlop Inc. (NYSE: WD), the Bethesda, Maryland-headquartered commercial real estate finance and advisory services firm, has expanded its Carolinas Investment Sales team with the addition of Michael Saclarides and managing director. In his new role,...
Mortgage Rates Hold Steady in the Mid-6% Range

Mortgage Rates Hold Steady in the Mid-6% Range

by Phil Hall | Jan 11, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates remained at the mid-6% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.66% as of Jan. 11, slightly up from last week when it averaged 6.62%. A year ago at this time, it...
Foreclosure Filings Up 10% in 2023

Foreclosure Filings Up 10% in 2023

by Phil Hall | Jan 11, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Foreclosure filings were reported on 357,062 residential properties in 2023, according to a new report from ATTOM. This represents a 10% increase from 2022 and a 136% spike from 2021, but it was also down by 28% from pre-pandemic 2019 and down by 88% from the 2010...
CFPB Issues Guidance on Background Check Reports and Credit File Sharing

CFPB Issues Guidance on Background Check Reports and Credit File Sharing

by Phil Hall | Jan 11, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) issued guidance to consumer reporting companies to address inaccuracies in background check reports and problems in credit file sharing practices. According to the agency, the advisory opinion on background check reports...
Requity Homes Closes on $26 Million Financing Round

Requity Homes Closes on $26 Million Financing Round

by Phil Hall | Jan 11, 2024 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Toronto-based proptech Requity Homes announced the closing of $26 million in equity and debt financing. Requity Homes offers Canadians a rent-to-own program that enables them to rent their residence while being able to save money the option to purchase at a...
UC Asset LP Begins Stock Buyback Program

UC Asset LP Begins Stock Buyback Program

by Phil Hall | Jan 11, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

UC Asset LP (OTCQB: UCASU), an Atlanta-based real estate investment firm, has filed with the U.S. Securities and Exchange Commission to launch a stock buyback program. In a Form 1-U filed by the company, the company stated, “On Jan. 10, 2024, the general partner of...
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