In 2024, I penned an article highlighting the alarming trend of renters outpacing homeowners in the United States. The data was clear: renter households were growing three times faster than homeowner households, driven by government overregulation, restrictive zoning...
Mortgage rates came closer to the 7% level in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.93% as of Jan. 9, up from last week when it averaged 6.91%. A year ago at this time, it averaged...
Ferguson Partners, the Chicago-based talent management and strategic advisory firm for the real estate sector, announced the results of its first Artificial Intelligence (AI) Pulse Survey, a national study on the adoption, application, and evolution of AI practices...
A new survey from Clever Real Estate has found nearly half of retirees (43%) have not saved for a comfortable retirement, with over one-quarter (27%) admitting they have no retirement savings at all and almost two in three (63%) believe the nation is in a retirement...
Ally Financial (NYSE: ALLY) is exiting from the mortgage origination business while cutting hundreds of jobs companywide. The digital-only bank’s layoffs will affect less than 5% of its workforce, according to a statement from bank spokesperson Peter Gilchrist to The...
The US Department of Justice (DOJ) announced The Mortgage Firm Inc. agreed to a settlement that resolves allegations that it redlined predominantly Black and Hispanic neighborhoods in the Miam metro area. Headquartered in Altamonte Springs, Florida, The Mortgage Firm...
Film Producer Charged with Defrauding Investors to Finance Real Estate Deal…
