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TransUnion Debuts Property Insights Tool

TransUnion Debuts Property Insights Tool

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

TransUnion (NYSE: TRU) is now offering TruVision Consumer Property Insights for Portfolio Management, a new tool designed to protect lenders and borrowers from the potential risks associated with property value fluctuations. According to the Chicago-headquartered...
Transwestern Hospitality Group Acquires Houston’s Hotel Granduca

Transwestern Hospitality Group Acquires Houston’s Hotel Granduca

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

Transwestern Hospitality Group (THG) announced it has acquired Hotel Granduca, a 122-key luxury hospitality property in Houston, from Leading Hotels of the World Ltd. for an undisclosed price. THG partners Tyler Lavin and Thomas Duncan, supported by...
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...
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