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Union Home Mortgage Acquires Nations Reliable Lending

Union Home Mortgage Acquires Nations Reliable Lending

by Phil Hall | Mar 4, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Strongsville, Ohio-based Union Home Mortgage (UHM) has acquired Houston-headquartered Nations Reliable Lending, also known as NRL Mortgage. The financial terms of the deal were not disclosed. NRL Mortgage closed over $1 billion in lending in 2024 while UHM closed last...
Historic Connecticut Property Listed for $4.95 Million

Historic Connecticut Property Listed for $4.95 Million

by Phil Hall | Mar 4, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

One of Connecticut’s most iconic historic buildings has been listed for sale at $4.95 million. The 70,000-square-foot Waterbury Union Station building serves as the headquarters for the Republican-American newspaper. The Hartford Business Journal reports the listing...
Danielle Morgan Promoted to CEO at Clearwater Living

Danielle Morgan Promoted to CEO at Clearwater Living

by Phil Hall | Mar 4, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Clearwater Living, the Newport Beach, California-based real estate and property management company focused on the development and operation of senior living communities, has promoted Danielle Morgan to CEO. Morgan has served as the company’s president since 2016....
National Fair Housing Alliance Expands Civil Rights Legal Team

National Fair Housing Alliance Expands Civil Rights Legal Team

by Phil Hall | Mar 4, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The National Fair Housing Alliance (NFHA) announced the addition of two civil rights law experts to its legal team. Janell Byrd-Chichester was named interim general counsel at NFHA. She was previously the inaugural director of the Thurgood Marshall Institute of the...
CMBS Delinquency Rate Down for Second Straight Month

CMBS Delinquency Rate Down for Second Straight Month

by Phil Hall | Mar 3, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The delinquency rate for commercial mortgage-backed securities (CMBS) dropped for the second consecutive month after six months of increases, according to data from Trepp Inc. February’s overall delinquency rate decreased 26 basis points to 6.30%. One year ago, the...
Residential Property Insurance Costs Soared in 2024 at a Record Rate

Residential Property Insurance Costs Soared in 2024 at a Record Rate

by Phil Hall | Mar 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The average annual property insurance premium among mortgaged single-family homes rose by a record $276 in 2024 to $2,290, a 14% year-over-year climb, according to a data report from Intercontinental Exchange Inc. (NYSE:ICE). Premiums are now up by 61% over the last...
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