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America First Credit Union Taps FirstClose for Home Equity Solution

America First Credit Union Taps FirstClose for Home Equity Solution

by Phil Hall | May 9, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

FirstClose Inc., an Austin-based fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced that America First Credit Union selected its FirstClose Equity solution to provide members access to a digital end-to-end home...
Newark Program Sells City-Seized Properties for as Little as One Dollar

Newark Program Sells City-Seized Properties for as Little as One Dollar

by Phil Hall | May 8, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The city government of Newark, New Jersey, has launched a program that will sell seized residential properties for as little as one dollar According to a NJ.com report, the properties in the Homeownership Revitalization Program were seized for non-payment of taxes,...
UK Lender to Reintroduce 100% Mortgage

UK Lender to Reintroduce 100% Mortgage

by Phil Hall | May 8, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Skipton Building Society has announced plans to become the first U.K. lender to offer a 100% mortgage since the 2008 financial crisis. According to a report in The Guardian, 100% mortgages are designed for first-time buyers who are unable to save for a down payment....
Cushman & Wakefield Announces Leadership Changes

Cushman & Wakefield Announces Leadership Changes

by Phil Hall | May 8, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Cushman & Wakefield (NYSE: CWK) has announced a leadership change with the retirement of John Forrester as CEO, effective June 30, and the appointment of President and Chief Operating Officer Michelle MacKay as his successor, effective July 1. Forrester will...
A Phil Hall Op-Ed: The Disastrous Silence on Urban Crime

A Phil Hall Op-Ed: The Disastrous Silence on Urban Crime

by Phil Hall | May 8, 2023 | A Phil Hall Op-Ed, Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

I was overcome with great shock and sorrow last week upon learning that Nordstrom will be closing its glorious store at the Westfield San Francisco Centre in August. I am not one who obsesses with retail therapy, but this is my favorite American department store and I...
Black Knight: Lock Volumes Down 22%

Black Knight: Lock Volumes Down 22%

by Phil Hall | May 8, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Lock volumes were down 22% in April, with cash-out refinance locks declining 21% and rate/term refinance locks taking a 28% tumble, according to new data from Black Knight Inc. (NYSE:BKI). Purchase locks accounted for more than 87% of locks in April, the highest share...
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