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HUD Accuses Luxury Condo Complex in Puerto Rico of Lacking Proper Accessibility

HUD Accuses Luxury Condo Complex in Puerto Rico of Lacking Proper Accessibility

by Phil Hall | Apr 9, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) is bringing charges against multiple entities for allegedly failing to design and construct a luxury condominium complex in San Juan, Puerto Rico, in accordance with the accessibility requirements of the Fair...
Rocket Mortgage Unveils AI-Driven Rocket Logic Platform

Rocket Mortgage Unveils AI-Driven Rocket Logic Platform

by Phil Hall | Apr 9, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rocket Mortgage, a division of Detroit-headquartered Rocket Companies (NYSE: RKT), has rolled out Rocket Logic, a patented artificial intelligence (AI) driven technology platform designed to close loans faster. According to the company, the platform combines insights...
Welker Properties Launches Investor Vehicle for Off-Market Homes

Welker Properties Launches Investor Vehicle for Off-Market Homes

by Phil Hall | Apr 9, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Welker Properties, a Dallas-headquartered multifamily real estate development company, has debuted Prophet Homes, which is designed to offer investors access to off-market homes. According to the company, the Prophet Homes Real Estate Marketplace is designed to...
A Phil Hall Op-Ed: Should Biden Erase Mortgage Debt Along with Student Loan Debt?

A Phil Hall Op-Ed: Should Biden Erase Mortgage Debt Along with Student Loan Debt?

by Phil Hall | Apr 8, 2024 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: Today, while most of the country was looking skyward through special glasses to see a once-in-a-lifetime total eclipse, President Biden was looking at his tanking poll numbers and hastily served up another scheme to erase student loan debt. Biden’s...
Sen. Fetterman: ‘Squatters Have No Rights’

Sen. Fetterman: ‘Squatters Have No Rights’

by Phil Hall | Apr 8, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania Sen. John Fetterman became the most prominent Democratic lawmaker to openly oppose the concept of “squatter’s rights.” In a weekend interview with the New York Post, Fetterman acknowledged dealing with squatters when he served as mayor of Braddock,...
Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates

Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates

by Phil Hall | Apr 8, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest data analysis of the Home Purchase Sentiment Index (HPSI) published by Fannie Mae (OTCMKTS:FNMA) suggests households have become acclimated to higher mortgage rates. The HPSI decreased 0.9 points in March to 71.9, its first decline since November 2023, with...
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