loanDepot Inc. (NYSE: LDI) has launched its “accessZERO” program to assist borrowers challenged with barriers to affordable homeownership. The new program is available nationwide for Federal Housing Administration purchase mortgages and offers up to 5% in down payment...
The commercial mortgage-backed securities (CMBS) delinquency rate rose 24 basis points in October to 4.63%, according to new data from Trepp Inc. The represents the highest level since the end of the Covid-19 pandemic. Trepp primarily attributed this spike to a $930...
The National Association of Realtors (NAR) was found guilty by a jury in Kansas City of artificially maintaining high commission rates through its Clear Cooperation Rule. The trade group, along with co-defendants HomeServices of America and Keller Williams, were...
There were roughly 1.3 million vacant residential properties, representing 1.27% or one in 78 homes in the U.S., during the fourth quarter of this year according to new data from ATTOM. The fourth quarter data is virtually the same as in the third quarter of this...
Parks Hospitality Holdings (PHH), a hospitality developer and hotel owner, has acquired the historic Boston Park Plaza. The 1,060-key property, located in the city’s central Back Bay neighborhood, opened in 1927 as The Statler Hotel. Its ownership changed hands over...
The National Association of Realtors (NAR) announced IRAR Trust Company (IRAR) as a new partner within the NAR Realtor Benefits program. IRAR Trust Company serves as a custodian for self-directed retirement accounts, working with real estate agents and their clients...
Hits and Misses for the Real Estate Week of June 29-July 3
