Current News & Events
‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027
Burry added that the housing market was “in for a long winter” if current economic conditions remain or worsen. Continue Reading ‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027
Escrow Abuse in the Spotlight: What the McKenna Case Means for Real Estate Professionals
A New York real estate attorney has been sentenced for a $4.4 million escrow fraud tied to COVID-era funds. Here’s what the case means for agents, lenders, and protecting trust in every transaction. Continue Reading Escrow Abuse in the Spotlight: What the McKenna Case Means for Real Estate Professionals
Master-Planned Community with Surfing Lagoons Planned for Utah
The 30-acre project will feature 65 short-term rental properties built around two concrete-lined, clear lagoons designed specifically for surfing and other water recreation. Continue Reading Master-Planned Community with Surfing Lagoons Planned for Utah
LendingClub Pays $74.5 Million for New San Francisco HQ Building
The property was constructed in 1986, last purchased in 1999, and renovated in 2020. Continue Reading LendingClub Pays $74.5 Million for New San Francisco HQ Building
Australian Father Pitches Tent Outside Prime Minister’s Home to Protect Rising Housing Costs
Morgan Cox said he was forced out of his rental housing due to rising costs. Continue Reading Australian Father Pitches Tent Outside Prime Minister’s Home to Protect Rising Housing Costs
Anna Paulson to Become Chief Executive at Philadelphia Fed
She succeeds Patrick T. Harker. Continue Reading Anna Paulson to Become Chief Executive at Philadelphia Fed
Vitamin Shoppe Retail Chain Sold to Private Equity Firms
The Vitamin Shoppe conducts business through over 650 company-operated retail stores. Continue Reading Vitamin Shoppe Retail Chain Sold to Private Equity Firms
HUD HQ Building Listed for ‘Accelerated Disposal’
“You know, HUD is known as the ugliest building in DC, which is not a mantra I like,” said Secretary Turner. Continue Reading HUD HQ Building Listed for ‘Accelerated Disposal’
Ohio AG Sues United Wholesale Mortgage, Claiming ‘Conspiracy’ with Brokers
Yost launched his campaign for governor in January. Continue Reading Ohio AG Sues United Wholesale Mortgage, Claiming ‘Conspiracy’ with Brokers
Ginnie Mae MBS Portfolio Reached $2.73 Trillion in March
Ginnie Mae issued $33.2 billion in total MBS, resulting in a net portfolio growth of $5.9 billion. Continue Reading Ginnie Mae MBS Portfolio Reached $2.73 Trillion in March
California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors
The bill was inspired by the mortgage forbearance aspects of the Covid-era CARES Act. Continue Reading California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors
Report: CFPB Staff to Begin Receiving Termination Notices
Sen. Elizabeth Warren vowed to stop the layoffs. Continue Reading Report: CFPB Staff to Begin Receiving Termination Notices
Recent Posts
HUD Updates 14 FHA Policies in Move to Improve Affordability- New Study: More Americans Favor Homebuying Over Renting for the First Time …
- Alabama Home Sales Up Nearly 12% from One Year Ago
- Supreme Court Offers Mixed Ruling in Michigan Equity Theft Case
- Investor Activity in Home Purchasing Holds Steady
