The California state government’s unique housing policy priorities, a Venezuelan crime gang’s Colorado presence and the debate over Fed rate cuts – from the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 26-29. Miss: California...
Mauricio Umansky, the Los Angeles-based founder of the luxury brokerage The Agency who gained celebrity status from his appearances on the reality television shows “Real Housewives of Beverly Hills” and “Buying Beverly Hills,” is the subject of a new lawsuit where he...
The national median payment applied for by purchase applicants during July was $2,140, down from $2,167 in June, according to new data from the Mortgage Bankers Association (MBA). Year-over-year, the payment level is down by $22. The national median mortgage payment...
Midwest Real Estate Data (MRED), the multiple listing service encompassing the Chicago metro area along with northern Illinois, southern Wisconsin and northwest Indiana, has hired Charles El-Moussa’s as general counsel. In his new role, El-Moussa will...
The Consumer Financial Protection Bureau (CFPB) has fined New Day Financial (NewDay USA) $2.25 million for problems related to active duty servicemembers and veterans seeking cash-out refinance loans. New Day Financial is a nonbank direct mortgage lender headquartered...
Vice President Kamala Harris has begun an advertising campaign to highlight her pledge to build 3 million new homes over four years if she is elected president. The Associated Press reported the Democratic presidential nominee’s campaign is now airing a minute-long...
Hits and Misses for the Real Estate Week of May 4-8
