The Federal Housing Administration (FHA) is seeking feedback on proposed policy updates to its Home Equity Conversion Mortgage (HECM) program. According to an announcement issued by the U.S. Department of Housing and Urban Development (HUD), the proposed updates are...
Roughly half (47.4%) of mortgaged U.S. residential properties were considered equity-rich in the third quarter, according to new data from ATTOM – down from 49.2% in the second quarter, which is the largest quarterly decline in four years. The share is also down...
The Affordable Housing Tax Credit Coalition (AHTCC) announced the winners of its 2023 Charles L. Edson Tax Credit Excellence Awards, which celebrate affordable housing initiatives and the organizations providing the most impactful use of the Low-Income Housing Tax...
Actress Julia Roberts has sold her San Francisco mansion less than two weeks after putting it on the market. Realtor.com reported the five-level property in the city’s Presidio Heights neighborhood was acquired by the Oscar-winner in January 2020 for $8.3 million. The...
Green Street, a provider of commercial real estate intelligence and analytics in the U.S. and Europe, has acquired Local Data Company (LDC), a London-based provider of proprietary data and insights on Great Britain’s retail and leisure market. LDC is the only company...
Accurate Group, a Cleveland-headquartered provider of technology-driven real estate appraisal, title data, analytics, and e-closing solutions, has acquired Voxtur Appraisal Services LLC, an appraisal management company (AMC) serving real estate finance providers. The...
Hits and Misses for the Real Estate Week of June 29-July 3
