Current News & Events
Hilton Rolls Out New Brand Offering Furnished Apartment Accommodations
Apartment Collection by Hilton will offer studio to four-bedroom furnished apartments in urban and suburban markets. Continue Reading Hilton Rolls Out New Brand Offering Furnished Apartment Accommodations
Bank Fraud Scheme Results in Charges Against Real Estate Investment Group
The defendants are each charged with conspiring to commit bank fraud, bank fraud, making false statements and money laundering. Continue Reading Bank Fraud Scheme Results in Charges Against Real Estate Investment Group
New York State Considers Expanding CRA Law to Cover Nonbank Mortgage Lenders
The proposed regulation tests will take place where the nonbanks are originating loans rather than where they have a physical branch presence. Continue Reading New York State Considers Expanding CRA Law to Cover Nonbank Mortgage Lenders
CFPB Finalizes Rule on PACE Loan Protections
The new rule requires lenders to assess a borrower’s ability to repay a PACE loan. Continue Reading CFPB Finalizes Rule on PACE Loan Protections
Real Estate Investor Sentenced for Role in Mortgage Fraud Scheme
ron Puretz pleaded guilty to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Sentenced for Role in Mortgage Fraud Scheme
Mortgage Application Activity Down Slightly
The MBA reported mortgage applications for new home purchases in November were up 7.2% year-over-year. Continue Reading Mortgage Application Activity Down Slightly
Single-Family Housing Starts Up 6.4%
Privately-owned housing starts were down 1.8% from October. Continue Reading Single-Family Housing Starts Up 6.4%
RE/MAX Holdings Launches Commerce Media Network
The venture is being launched in partnership with the media agency Kontrol Media. Continue Reading RE/MAX Holdings Launches Commerce Media Network
Commercial Mortgage Delinquencies Up in Q3
Delinquencies were up in every major capital source during the third quarter. Continue Reading Commercial Mortgage Delinquencies Up in Q3
Builder Confidence Holds Steady
The component measuring sales expectations in the next six months rose to its highest level since April 2022. Continue Reading Builder Confidence Holds Steady
GOP Lawmakers Warn Biden Agencies to Stop ‘Partisan Rulemakings’ Ahead of Trump’s Inauguration
The current and incoming chairmen of the House Financial Services Committee sent letters to financial regulatory agencies within the Biden administration warning them about last-minute “finalizing partisan rulemakings” ahead of the arrival of the Trump administration....
A Phil Hall Op-Ed: How Do You Deal with Underperformers?
Editor Phil Hall opines about salespeople with no talent or aptitude for selling. Continue Reading A Phil Hall Op-Ed: How Do You Deal with Underperformers?
