The Department of Housing and Urban Development (HUD) and Ginnie Mae signed a memorandum of understanding (MOU) with the Korea Housing Finance Corporation (KHFC) to encourage cross-border investment and collaboration between the US housing finance system and South...
The Virginia-based homebuilders Stateson Homes and Atlantic Builders announced the debut of M2B Mortgage, a new joint venture formed in partnership with OneTrust Home Loans. According to the companies, M2B Mortgage was created to “provide a more personalized,...
Two former employees of Caltrain, the commuter rail line serving California’s San Francisco Peninsula and Santa Clara Valley, were sentenced to a collective six months for embezzling funds to build unauthorized apartments inside stations. MoneyWise reports Seth Andrew...
The closing of HUD’s Los Angeles field offices by the ongoing riots, Ohio lawmakers kowtowing to the Cleveland Browns, and a real estate agent who keeps selling at 100. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June...
California Attorney General Rob Bonta has filed a lawsuit against PAMA Management, a group of property management and real estate holding companies owned by Swaranjit “Mike” Nijjar, his sister Daljit “DJ” Kler, and other members of his family. The Nijjar family and...
The largest hotel in Oakland is bound for a foreclosure auction later this month. The Oakland Marriott City Center is scheduled to be sold in a foreclosure auction on June 24. The San Francisco Business Times reports Hong Kong-based Gaw Capital Partners, the hotel’s...
