Tredway, an affordable and mixed-income real estate developer that builds and preserves high-quality, high-opportunity housing, has partnered with ELH Mgmt. LLC in the acquisition of a seven-building, 193-unit affordable housing portfolio in Brooklyn’s Fort...
CBRE Group Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm, has acquired Direct Line Global, a portfolio company of Guardian Capital Partners. Founded in 1997 and based in Fremont, California, Direct Line Global provides...
The Consumer Financial Protection Bureau (CFPB) announced it has filed a proposed order that would enact a $3.95 million fine against Freedom Mortgage Corporation for submitting “error-riddled mortgage loan data” to federal regulators. The proposed order would also...
WalletHub has issued its 2024 listing of the nation’s best- and worst-run cities, with a somewhat under-the-radar city ranking highest and a very prominent metropolis occupying the bottom ranking. For its list, WalletHub compared 148 of the most populated cities...
Builder confidence in the market for newly built single-family homes reached its lowest reading since December 2023, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). For June, the HMI dropped two points from...
The Consumer Financial Protection Bureau (CFPB) ordered three reverse mortgage servicing companies to cease operating in their industry, citing what the regulator described as “illegal activities that harmed older homeowners and caused them to fear losing their...