A Virginia developer is proposing the construction of a 349-home development on the site of a historic plantation. The Roanoke Times reports the Montgomery County Planning Commission has scheduled a public hearing for tomorrow that will consider a rezoning request for...
A Brooklyn condominium developer is being forces to provide more than $6 million in restitution and purchase credits to buyers who made down payments but never received their properties or their money back for years. An investigation by the Office of the New York...
Opendoor Technologies Inc. (NASDAQ: OPEN), a San Francisco-based e-commerce platform for residential real estate transactions, announced that its Opendoor Home Loans has exited beta and is now available in markets where it is licensed. The company is originating 30-,...
An Arizona real estate agent was fired from his job after making headlines for being duct-taped and zip-tied to his seat following a disruptive outburst an American Airlines flight. The New York Post reports 67-year-old Arthur Layne Lundeen was dropped from his...
NEXA Lending announced the promotion of Geri Farr to CEO. She succeeds founder Mike Kortas, who will transition into the role of executive partner, which the Phoenix-headquartered company said was its “highest earned level of leadership.” “I have never cared about...
We use the term “affordable housing” constantly in this industry. I use it. WRE News uses it. Developers, elected officials, housing agencies and advocates all use it. The problem is that two apartments can both legally and accurately be described as affordable...
Pennymac Raises Early 2027 Conforming Loan Limit to $850,000
