Current News & Events
Ginnie Mae Reports $526.4 Billion MBS Issuance for FY 2025
Ginnie Mae added that its financing benefited approximately 1.4 million households, out of which an estimated 43.9% were first-time homeowners. Continue Reading Ginnie Mae Reports $526.4 Billion MBS Issuance for FY 2025
Virginia Home Sales Up 7.3% in December
Virginia’s median sales price was $415,000, up $1,510 from last year for an increase of less than 1%. Continue Reading Virginia Home Sales Up 7.3% in December
Mortgage Application Activity, Credit Availability on the Rise
The MBA’s Mortgage Credit Availability Index (MCAI) rose by 2.5% to 99.0 in January Continue Reading Mortgage Application Activity, Credit Availability on the Rise
Zillow and Redfin Partner on Multifamily Rental Listings
“We believe it will increase our overall traffic,” said Redfin CEO Glenn Kelman. Continue Reading Zillow and Redfin Partner on Multifamily Rental Listings
Forecast: Commercial/Multifamily Mortgage Borrowing and Lending to Rise 16% This Year
Multifamily lending alone is expected to rise to $361 billion this year. Continue Reading Forecast: Commercial/Multifamily Mortgage Borrowing and Lending to Rise 16% This Year
January Foreclosure Activity Up 8% Month-Over-Month
Lenders started the foreclosure process on 20,994 properties in January. Continue Reading January Foreclosure Activity Up 8% Month-Over-Month
Honolulu Real Estate Developer Indicted for Illegal Campaign Contributions
False Name Contribution is a class C felony offense punishable by up to five years in prison and a $10,000 fine. Continue Reading Honolulu Real Estate Developer Indicted for Illegal Campaign Contributions
Mid-Atlantic Home Sales Up in January
As for the cost of housing, the region’s $390,000 median sold price marked a 5.4% year-over-year upswing. Continue Reading Mid-Atlantic Home Sales Up in January
Century 21 Real Estate in Partnership with Major League Soccer
Century 21 will serve as the Official Real Estate Services Partner of MLS, the MLS All-Star Game, and the MLS Cup. Continue Reading Century 21 Real Estate in Partnership with Major League Soccer
JPI Taps Jay Parsons as Economic Advisor
Parsons is the head of investment strategy at Madera Residential in Lubbock, Texas. Continue Reading JPI Taps Jay Parsons as Economic Advisor
4 FEMA Workers Fired for Unauthorized Payment of $59 Million to NYC Hotel Housing Migrants
The Department of Homeland Security called out the “egregious payment.” Continue Reading 4 FEMA Workers Fired for Unauthorized Payment of $59 Million to NYC Hotel Housing Migrants
Liam Neeson Starring in an Australian Real Estate Listing Video
The Oscar-nominated actor spoofed his iconic role in the thriller “Taken.” Continue Reading Liam Neeson Starring in an Australian Real Estate Listing Video
