The Federal Housing Finance Agency (FHFA) has withdrawn three proposed rules put forth during the Biden administration relating to the government-sponsored enterprises and the Federal Home Loan Banks (FHLBanks). The withdrawals involve a 2021 proposed rule that would...
One of every six (16.7%) home sellers dropped their asking price in August, up from 15.9% one year earlier. According to data from Redfin, this marked the highest share for August in records dating back to 2012. The typical home that sold in August went for 3.8% less...
A total of 5,592 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in September, an 8.5% year-over-year increase. This occurred with a 4% year-over-year uptick of new listings into the MLS System, resulting in a total of...
reAlpha Mortgage, a division of Dublin, Ohio-based reAlpha Tech Corp. (NASDAQ: AIRE), has expanded its operations into Nevada. To lead the expansion, reAlpha has appointed Jennifer Buserini as the company’s originating loan officer for Nevada. She was previously a...
The Scottsdale, Arizona-headquartered real estate brokerage HomeSmart has recruited Stacey Onnen to become its president. Onnen was previously chief operating officer at Omnus Technologies. Earlier in her career, she was heads of operations and service at kwx of...
The New York State offices of Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) are reportedly going to be closed due to the “corrupt and dangerous business practices” within the state by New York Attorney General Letitia James. Fox News first...
