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Mick Jagger’s Florida Home Listed for $3.5 Million

Mick Jagger’s Florida Home Listed for $3.5 Million

by Phil Hall | Jul 3, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Florida home of Sir Mick Jagger, the Rolling Stones frontman, is now on the market for $3.499 million. According to Realtor.com Jagger and his partner, retired ballerina and choreographer Melanie Hamrick, acquired the 0.35-acre property in The Lake Club gated...
American Homeowners Paid $174 Billion in Q1 Property Taxes

American Homeowners Paid $174 Billion in Q1 Property Taxes

by Phil Hall | Jul 3, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A data analysis of the U.S. Census Bureau’s state and local tax data by the National Association of Home Builders (NAHB) has determined that property owners paid $174 billion in taxes during the first quarter of 2023 and $714 billion in the four quarters ending with...
Ellington Financial Acquires Great Ajax Corp.

Ellington Financial Acquires Great Ajax Corp.

by Phil Hall | Jul 3, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Ellington Financial Inc. (NYSE: EFC), an Old Greenwich, Connecticut-based real estate investment trust (REIT) focused on both residential and commercial mortgage loans, is acquiring Great Ajax Corp. (NYSE: AJX), a New York City-based REIT that invests primarily in...
Guaranteed Rate to Take Full Ownership of Premia Relocation Mortgage

Guaranteed Rate to Take Full Ownership of Premia Relocation Mortgage

by Phil Hall | Jul 3, 2023 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Premia Relocation Mortgage, a joint venture between Guaranteed Rate Inc. (GRI) and Sirva, announced that the companies have signed a definitive agreement for GRI to assume full ownership of the company. The financial aspects of the transaction were not disclosed. The...
Movement Mortgage in $23.75 Million False Claims Settlement

Movement Mortgage in $23.75 Million False Claims Settlement

by Phil Hall | Jul 3, 2023 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Justice (DOJ) announced that Indian Land, South Carolina-based Movement Mortgage LLC will pay $23.75 million to resolve allegations that it violated the False Claims Act when it failed to comply with material program requirements during its...
Hits and Misses for the Real Estate Week June 26-30

Hits and Misses for the Real Estate Week June 26-30

by Phil Hall | Jun 30, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A quartet of proactive federal agencies, a mayor who took criticism the wrong way and a tree-hating neighbor from hell. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Hit: Thank You for Being a Friend. Most federal...
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