Mortgage application activity soared for the week ending Feb. 28 thanks largely to corybantic refinance activity, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
The real estate investment firm FCP has acquired Arium Sunrise, a 400-unit multifamily community in Sunrise, Florida. Built in 1998, the property has a 94% occupancy rate and offers an array of amenities including a swimming pool, clubhouse, and fitness center. FCP...
Gordon Hicks, CEO of the Markham, Ontario-based integrated facility management services firm BGIS, was awarded the King Charles III Coronation Medal in recognition of his longstanding support and contributions to Kids Help Phone and Youth Mental Health advocacy across...
A Phil Hall Op-Ed: In 1977, President Carter signed into law the Community Reinvestment Act (CRA), which created new compliance requirements for commercial banks and savings associations related to the needs of markets where they had a depository and lending presence,...
A Los Angeles real estate agent is leading a recall effort to force Los Angeles Mayor Karen Bass out of office. The Real Deal reports Sahil Nandwani, an agent for JohnHart Real Estate, has launched a fundraising committee to fund the recall campaign, citing...
The US Department of Housing and Urban Development (HUD) is halting grants to nonprofit organizations tasked with investigating and litigating cases involving compliance with the Fair Housing Act. The Associated Press, sourcing its coverage from “documents and...
