Pending home sales in December dropped by 9.3% from the prior month and were down by 3.0% from the previous year, according to data from the National Association of Realtors (NAR). On a regional basis, pending home sales were down in all four regions on a...
President Trump has commuted the sentence of a real estate developer who was convicted two years ago in a $50 million mortgage fraud involving Connecticut properties. Jacob Deutsch of Brooklyn was sentenced in January 2024 to five years in prison and fined $10,000 for...
The Tampa Bay Rays have signed a non-binding memorandum of understanding (MOU) with Hillsborough College to redevelop the college’s 113-acre Dale Mabry campus to become a new baseball stadium and mixed-use development. MLB.com reports the campus is south of George M....
Sen. Elizabeth Warren (D-MA), the ranking member of the Senate Banking Committee, is demanding access to the records related to the Department of Justice’s (DOJ) investigation into Federal Reserve Chairman Jerome Powell over claims that he may have committed perjury...
President Trump issued an executive order on Tuesday evening that directed federal agencies to stop backing loans and offering incentives that would enable institutional investor purchases of single-family homes. “A growing share of single-family homes, often...
Mortgage application activity was on the rise thanks mainly to an upswing in refinance inquiries fueled by declining mortgage rates, according to data from the Mortgage Bankers Association (MBA) for the week ending Jan. 16. The Market Composite Index, the MBA’s...
