Bank of America (NYSE: BAC) is closing the first quarter of this year with an 80% spike in mortgage applications. According to a Reuters report, the Charlotte, North Carolina-headquartered financial institution – the nation’s second largest bank – is experiencing more...
Canada’s Ottawa Police Service arrested Timothy LaFlamme for running a real estate investment scam. According to the charges brought against him, LaFlamme is accused of defrauding friends and acquaintances of over $240,000 between December 2023 and September 2024....
A federal judge has halted the Trump administration’s actions to downsize and realign the Consumer Financial Protection Bureau (CFPB). In a 112-page ruling by US District Judge Amy Berman Jackson, an Obama administration appointee, the Trump administration was ordered...
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...
Median Asking Monthly Rent Posts 35th Straight Month of Annual Declines
