Miami-headquartered Core AI Holdings, Inc. (NASDAQ: CHAI) is now offering HomeGPT, an artificial intelligence (AI) powered home design and renovation application. According to the company, HomeGPT is designed for homeowners, interior designers, real estate agents and...
Mortgage rates ticked up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.52% as of June 11, up from last week when it averaged 6.48%. A year ago at this time, it averaged 6.84%. The...
Ginnie Mae announced that it issued $54.9 billion in total mortgage-backed securities (MBS) during May, resulting in net portfolio growth of $20 billion. Last month’s issuance included $52.9 billion in Ginnie Mae II MBS and $1.9 billion in Ginnie Mae I MBS, including...
The Council of Multiple Listing Services (CMLS), an association of 231 multiple listing services serving over 1.8 million combined subscribers, announced the appointment of Jessica Edgerton as its next CEO, effective July 1. Edgerton is currently chief legal officer...
A total of 40,355 residential properties had foreclosure filings— default notices, scheduled auctions or bank repossessions — during May, down 5% from April but up 14% from May 2025. According to data from ATTOM, lenders initiated the foreclosure process on 27,304...
Law firms were a key force in leasing activity within the office property sector during the first quarter, according to a new report from Cushman & Wakefield (NYSE: CWK). During the first three months of the year, law firms leased 4.6 million square feet of office...
