Trump administration officials acting strangely, a bill to protect Ohio seniors from foreclosure, and a nation experiencing its fifth blackout in a year. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 8-12. Hit: Fight...
The head of the Mortgage Bankers Association (MBA) is calling on the Trump administration not to pursue a merger of Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) as part of its effort to conclude their longstanding federal conservatorships. In a blog post,...
A five-unit multifamily property in Norwalk, Connecticut, that was constructed in 1900 has been sold for $1.7 million, or $342,000 per unit. The three-story property at 2 Park Street encompasses four oversized one-bedroom units and one oversized loft studio totaling...
A Michigan credit union is seeking to attract new home loan borrowers by offering 30-year fixed-rate mortgages at a 4.99% rate. The Detroit Free Press reports Michigan Legacy Credit Union — which has branches in Wyandotte, Warren, Pontiac, Highland Township and Flat...
A Phil Hall Op-Ed: During the final weeks of his too-short life, Charlie Kirk raised several red flags about the state of the housing market. His messaging deserves to be heard again. In July, Kirk used an appearance on Fox News to raise a taboo subject that neither...
A total of 35,697 residential properties had foreclosure filings in August, down 1% from July but up 18% year-over-year. “August marked the sixth consecutive month of year-over-year increases in US foreclosure activity and the third straight month with double-digit...