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Rosegate Mortgage Partners with Investment Firm on Origination Platform

Rosegate Mortgage Partners with Investment Firm on Origination Platform

by Phil Hall | Oct 28, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Rosegate Mortgage LLC, a Charlotte, North Carolina-based mortgage lender, has created a partnership with Rice Park Capital Management LP, a Minneapolis-based private investment firm, to launch a direct-to-consumer origination platform that will provide home financing...
FICO Rolls Out Tool to Simulate Credit Score Impacts

FICO Rolls Out Tool to Simulate Credit Score Impacts

by Phil Hall | Oct 28, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

FICO (NYSE: FICO) has released the FICO Score Mortgage Simulator as a new analytic tool for mortgage professionals. According to the Bozeman, Montana-headquartered company, the new tool simulates the potential impacts to a consumer’s FICO Score with various simulated...
Real Brokerage Debuts Investor Q&A Portal Ahead of Q3 Results Call

Real Brokerage Debuts Investor Q&A Portal Ahead of Q3 Results Call

by Phil Hall | Oct 28, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Real Brokerage Inc. (NASDAQ: REAX) has opened a shareholder Q&A platform for use on the company’s upcoming conference call to discuss its third quarter financial results. Real Brokerage will hold the call at 8:30 a.m. ET on Nov. 7. With the new platform,...
Hits and Misses for the Real Estate Week of Oct. 21-25

Hits and Misses for the Real Estate Week of Oct. 21-25

by Phil Hall | Oct 25, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The crossroads of politics and real estate, a new wave of restaurant closings and rats ruling in Chicago. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 21-25. Miss: Getting Data on Migrant Housing. Earlier this week,...
Feds Raid Home of Affordable Housing Developer

Feds Raid Home of Affordable Housing Developer

by Phil Hall | Oct 25, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Federal agents raided the Cleveland-area home of Frank Sinito, a real estate developer and one of the nation’s most prominent owners of affordable housing complexes. According to News 5 Cleveland, the raid occurred on Wednesday at 7:00 a.m. The agents were identified...
NYC Passes New Law Requiring Licenses for Hotel Operators

NYC Passes New Law Requiring Licenses for Hotel Operators

by Phil Hall | Oct 25, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The New York City Council has voted to create a new licensing program for hotels. Hotel Management Network reports the newly passed Safe Hotels Act will require hotel operators to obtain a two-year operating license for a $350 fee. Hotels must also maintain front desk...
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