The Federal Housing Finance Agency (FHFA) announced updates to several appraisal policies related to Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCBQ: FMCC). The government-sponsored enterprises (GSEs) will expand eligibility for appraisal waivers and inspection-based...
Wisconsin recorded 5,817 home sales in September, down 8.7% from the 6,370 transactions recorded one year earlier. According to data from the Wisconsin Realtors Association (WRA), the decline in home sales occurred while the number of available properties increased...
Single Lady Estates, a Los Angeles company focused on encouraging and supporting women’s homeownership, announced the official launch of its platform. According to the company, the new platform will offer information, resources, and community support throughout the...
The resort town of Ocean City, Maryland, is suing the federal Bureau of Ocean Energy Management (BOEM) regarding the US Wind offshore project. The US Wind project involves the construction of 114 offshore wind turbines 10.7 miles off of Ocean City’s coast – the...
Total mortgage origination volume is expected to increase to $2.3 trillion in 2025 from the $1.79 trillion expected in 2024, according to a forecast from the Mortgage Bankers Association (MBA). In the new forecast, purchase originations will increase 13% to $1.46...
The lodging franchisor Wyndham Hotels & Resorts has teamed with Reside, a residential hospitality management company, on a 10-year development relationship that brings five residence-style hotels that are open or under development to the Wyndham Residence brand...
Hits and Misses for the Real Estate Week of May 11-15
