The CFPB’s about-face, an iconic retail chain’s downfall and the rescue of a derelict Frank Lloyd Wright home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 24-28. Hit: An Unprecedented Oops. Once upon a time,...
A proposed mixed-use real estate development project 40 miles northeast of Dallas has drawn scrutiny from Texas’ Gov. Greg Abbott and Attorney General Ken Paxton amid accusations to it would become a Muslim-only community operating under Sharia law. According to...
A new forecast by Fannie Mae’s (OTCQB: FNMA) Economic and Strategic Research Group is predicting mortgage rates to end 2025 and 2026 at 6.3% and 6.2%, respectively, downward revisions of three-tenths for each. The revised forecast was mirrored by a mild upward...
The National Association of Realtors (NAR) announced the elimination of 61 positions in an overhaul by the association as being part of a “a months-long strategy to reduce costs, streamline operations, and reposition itself to offer robust solutions and support for...
A former Morgan Stanley financial advisor in El Paso, Texas, was sentenced 12 years in prison for committing a multi-million-dollar fraud scheme. According to court documents, Jesus Rodriguez de la Cruz defrauded his employer and clients between May 2018 to August...
Caliber (NASDAQ: CWD), the Scottsdale, Arizona-based real estate investor, developer, and manager, has launched the Caliber 1031 Exchange for accredited investors seeking access to real estate investment opportunities. Caliber specializes in acquiring and managing...
