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Report: FBI Agents Seek Federal Help to Cover Housing Costs

Report: FBI Agents Seek Federal Help to Cover Housing Costs

by Phil Hall | Apr 12, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

FBI agents assigned to cities with a high cost of living are seeking federal assistance to help cover their housing expenses. According to an NPR report, the FBI Agents Association has requested $165 million to be included in the Justice Department’s 2025 budget...
Frank T. Pallotta Joins Mortgage Policy Advisors as a Principal Advisor

Frank T. Pallotta Joins Mortgage Policy Advisors as a Principal Advisor

by Phil Hall | Apr 12, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Longtime mortgage banking executive and two-time candidate for Congress Frank T. Pallotta has been named a principal advisor at Mortgage Policy Advisors LLC (MPA), a Washington, D.C.-based strategic advisory firm. Pallotta was a founding force behind three mortgage...
Canadian Home Sales Inched Up in March

Canadian Home Sales Inched Up in March

by Phil Hall | Apr 12, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales across Canada were up by 0.5% from February to March, according to data from the Canadian Real Estate Association, while actual (not seasonally adjusted) monthly activity was up by 1.7% from one year. The number of newly listed properties declined 1.6%...
Pennsylvania Housing Finance Agency Allocates $4.5 Million for 7 Mixed-Use Projects

Pennsylvania Housing Finance Agency Allocates $4.5 Million for 7 Mixed-Use Projects

by Phil Hall | Apr 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Pennsylvania Housing Finance Agency (PHFA) announced $4.5 million will be awarded to seven projects involving the construction or rehabilitation of mixed-use developments. According to the PHFA, the funding was raised through the sale of tax credits under the...
A&D Mortgage Launches Promotion for Northeast Markets

A&D Mortgage Launches Promotion for Northeast Markets

by Phil Hall | Apr 12, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Hollywood, Florida-headquartered A&D Mortgage has announced a spring promotion for the Northeast real estate market. According to the company, eligible mortgage brokers will be able to extend to their clients a special 0.375 price credit for all Non-Qualified...
Study: 38% of Renters Believe They’ll Never Own a Home

Study: 38% of Renters Believe They’ll Never Own a Home

by Phil Hall | Apr 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly two in five (38%) renters don’t believe they’ll ever own a home, according to a new survey by Redfin (NASDAQ:RDFN). This is up from roughly one-quarter (27%) less than a year ago. Nearly half (44%) of renters who don’t believe they’ll buy a home in the near...
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