The U.S. Attorney’s Office for the District of Massachusetts announced the arrest and indictment of a couple in connection with a scheme to defraud commercial lenders by providing fraudulent documents. Louis R. Masaschi, 57, and his wife Jeanette Norman, 56,...
Colonial Savings F.A. has announced it will be exiting the mortgage origination business as of July 31. The Fort Worth, Texas-based thrift said it would continue to provide mortgage servicing along with the remainder of its full-service banking offerings. Colonial...
Celebrity broker Ryan Serhant is shooting a new real estate-focused reality television series, and he is starting in New York City’s ultimate deluxe apartment in the sky. According to a New York Post report, Serhant’s new show is on location today at the $250 million...
In a ruling that could be seen as a victory for property owners and developers, the U.S. Supreme Court limited the U.S. Environmental Protection Agency’s (EPA) authority over areas that it defines as wetlands. The court ruled in Sackett v. EPA that the agency does not...
Mortgage rates were soaring again in the latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.57% as of May 25, up from last week when it averaged 6.39%. Â A year ago at this time, the rate averaged 5.10%. The...
ATTOM’s Vacant Property and Zombie Foreclosure Report covering the second quarter of 2023 has determined there are approximately 1.3 million vacant U.S. residential properties – which represents 1.3% or one in 79 homes across the country. The report found 311,508...
A Phil Hall Op-Ed: So, I Asked ChatGPT to Predict 2027’s Housing Mark…
