Harbor Group International LLC, an international real estate investment and management firm, announced the $132.5 million acquisition of a two-asset multifamily portfolio in Colorado. The portfolio consists of two new Class A properties: Ladora Modern, a 196-unit...
The U.S. Department of the Treasury issued a report that recommends a new rule that would require real estate professionals to identify potential money laundering schemes in the residential real estate markets. The “National Money Laundering Risk Assessment” report...
Mortgage applications were on the rise last week a new survey finds most Americans are predicting a decline in mortgage rates this year. The Mortgage Bankers Association’s (MBA) Market Composite Index was up by 3.7% on a seasonally adjusted basis from one week earlier...
Baltimore-headquartered First Home Mortgage Corp. has debuted its First Home ONE Program, which is designed to enable qualified buyers to purchase a home with 3% equity but only 1% down payment. Under this program, the buyer contributes 1% and First Home Mortgage...
Freddie Mac (OTCQB: FMCC) announced potential homebuyers earning 50% of area median income or less will be eligible for a $2,500 credit that may help with down payment and other costs at closing under a new initiative that begins on March 1. The funds can also be used...
Opendoor, the San Francisco-based e-commerce platform for residential real estate, is using the Super Bowl halftime show to prove a point on the speed of its home selling potential. The company stated it will be offering a live commercial during the game’s...
Trump Cancels Signing of Housing Bill, Demands Passage of Voter ID Bill Fir…
