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NYC Housing Lottery Applicants Impacted by Data Breach

NYC Housing Lottery Applicants Impacted by Data Breach

by Phil Hall | Aug 1, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The confidential data of New York City residents who applied for the municipal affordable housing lottery program may have been exposed in a data breach. CBS News reports a website used to internally sort applications in the city’s Housing Connect lottery...
Mortgage Rates Dip, Homebuyer Affordability Up Slightly

Mortgage Rates Dip, Homebuyer Affordability Up Slightly

by Phil Hall | Aug 1, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A pair of new data reports showed a slight decline in mortgage rates and a slight uptick in homebuyer affordability. The 30-year fixed-rate mortgage averaged 6.72% as of July 31, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC)....
Tri Pointe Homes Opens First Community in Utah

Tri Pointe Homes Opens First Community in Utah

by Phil Hall | Jul 31, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Tri Pointe Homes Inc. (NYSE: TPH) has opened its first Utah community with Polaris at Terraine in West Jordan. The new community will begin sales on Aug. 2 with an initial 32 single-family homes up to 3,400 square feet (including finished basements), featuring three...
CMBS Delinquency Rate Rises for Fifth Straight Month

CMBS Delinquency Rate Rises for Fifth Straight Month

by Phil Hall | Jul 31, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The delinquency rate for commercial mortgage-backed securities (CMBS) rose for the first consecutive month during July, with a 10-basis-point uptick to 7.23%. Year over year, the overall CMBS delinquency rate is up 180 basis points from 5.23%. According to data from...
Survey: One-Third of Americans Have No Problems Lying on Credit Applications

Survey: One-Third of Americans Have No Problems Lying on Credit Applications

by Phil Hall | Jul 31, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Honesty is not the best policy for many credit-seeking Americans, according to the “2025 Consumer Survey: Fraud, Identity and Digital Banking US” report published by FICO (NYSE: FICO). The survey of 1,000 adults found that up to one-third of respondents stating that...
Leadership Change Announced for Stellar MLS

Leadership Change Announced for Stellar MLS

by Phil Hall | Jul 31, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Altamonte Springs, Florida-based Stellar MLS has announced CEO Merri Jo Cowen will step down from her leadership role in the first quarter of 2026, with Chief Operations Officer Shayne Fairley succeeding her. Cowen has led Stellar MLS since 2008, while Fairley joined...
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