A Florida real estate fraudster who stole a residential property by using a phony charity and then tried to hire a hitman to kill the property’s owners was sentenced to 17 years and six months in federal prison for murder for hire and obstruction of justice. Alexander...
The Federal Housing Finance Agency (FHFA) announced the 2024 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $70 billion for each government-sponsored enterprise (GSE), for a combined total of $140 billion to support the multifamily market. FHFA...
The Federal Housing Administration (FHA) has increased the allowable property inspection fee limits for property inspections of single-family homes associated with defaulted FHA-insured mortgages. The inspections are used in a servicer’s preservation and protection of...
A total of 34,472 properties were burdened with foreclosure filings during October, according to new data from ATTOM. This is a 6% decline from the previous month but also a 6% increase from one year earlier. ATTOM determined that one in every 4,051 housing units had...
Attorney Mitch Arnold has joined Phoenix-based Dorsey & Whitney LLP as a real estate of counsel. Arnold is a transactional real estate attorney who specializes in acquisitions, leasing, divestitures, and other complex business matters. He has experience...
More than one-third of homebuyers (35%) received concessions from sellers during the three-month period ending Oct. 31, according to a new data report from Redfin (NASDAQ:RDFN). While that is roughly equal from the 35.9% share recorded one year ago, it is also up from...
Hits and Misses for the Real Estate Week of June 29-July 3
