The Department of Homeland Security (DHS) has confirmed it has successfully clawed back the $59 million from an unauthorized transfer to New York City hotels that are housing illegal immigrants. The Federal Emergency Management Agency (FEMA) suspended the payments...
The average home listing is now selling for 1.8% its asking price, the biggest discount in nearly two years, according to a new data report from Redfin (NASDAQ: RDFN). Adding insult to injury, the typical home that sells takes 56 days to go under contract, the longest...
PennyMac Financial Services Inc. (NYSE: PFSI) has debuted “Bring It Home,” a new video series where PennyMac home loan experts offer insights on the homeownership journey. According to the company, the new video series will be hosted on PennyMac’s website and YouTube...
First-time Canadian homebuyers are facing steep obstacles in price appreciation, rapid population growth, and a limited supply of affordable housing stock, according to the newly published RE/MAX Canada’s Nation of Renters Report. The report stated the erosion...
Nearly 200 Democratic lawmakers led by Sen. Elizabeth Warren (D-MA) and Rep. Maxine Waters (D-CA) are demanding the Trump administration revoke the access by Elon Musk’s Department of Government Efficiency (DOGE) from the Consumer Financial Protection Bureau (CFPB)....
An Indiana real estate developer was sentenced to 41 months in prison for his role in a fraud scheme aimed at real estate investors. According to court documents, Herbert “Bert” Whalen operated Oceanpointe Property Management in Indianapolis from August 2016 to July...