Current News & Events
Purchase Activity Fuels Mortgage Application Uptick
The FHA share of total applications increased to 17.1% from 15.8% the week prior. Continue Reading Purchase Activity Fuels Mortgage Application Uptick
FICO Rolls Out Portfolio Benchmarking Tools for Lenders
The new platform’s suite of tools enables financial institutions to analyze benchmarking data and simulate the impact of alternative data strategies on portfolio outcomes. Continue Reading FICO Rolls Out Portfolio Benchmarking Tools for Lenders
Michael Case Named President at Kipling Group
Kipling joined Kipling Group in 2024 as chief operating officer, and he will retain that position. Continue Reading Michael Case Named President at Kipling Group
Trump Organization Previews $1 Billion Saudi Residential Development
“Expanding our presence in Saudi Arabia with Trump Plaza Jeddah underscores our commitment to world-class quality and iconic design,” said Eric Trump. Continue Reading Trump Organization Previews $1 Billion Saudi Residential Development
Macy’s to Close 14 Stores Across 12 States
The retailer will shutter the stores following clearance sales that are set to begin in mid-January and run for approximately 10 weeks. Continue Reading Macy’s to Close 14 Stores Across 12 States
Furniture Retailer Closing All 89 Stores
The Columbus, Ohio-based American Signature filed for Chapter 11 bankruptcy in November after nearly 80 years in business. Continue Reading Furniture Retailer Closing All 89 Stores
Report: FHFA’s Pulte Instigated Subpoena and Indictment Threat Against Powell
Pulte has made no public comment on Powell’s announcement. Continue Reading Report: FHFA’s Pulte Instigated Subpoena and Indictment Threat Against Powell
Powell Announces He is Target of DOJ Criminal Probe
Federal Reserve Chairman Jerome Powell announced the Department of Justice (DOJ) has served the central bank with grand jury subpoenas related to his testimony last June before the Senate Banking Committee related to the renovation of the Fed’s headquarters. In an...
Hits and Misses for the Real Estate Week of Jan. 5-9
A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. Continue Reading Hits and Misses for the Real Estate Week of Jan. 5-9
Housing Starts Up in October
Single-family housing completions in October were at a rate of 1 million, a 6% increase from the revised September rate of 952,000. Continue Reading Housing Starts Up in October
Buffalo Bills to Sell Items from Highmark Stadium, Including Goal Posts and Trough Urinals
The Bills played at Highmark Stadium since 1973, with their last regular season game being held on Jan. 4. Continue Reading Buffalo Bills to Sell Items from Highmark Stadium, Including Goal Posts and Trough Urinals
Massachusetts Golf Course Sold for $24.8 Million to Solar Energy Developer
The golf course hosted US Open Qualifying events in 1998 and 2001. Continue Reading Massachusetts Golf Course Sold for $24.8 Million to Solar Energy Developer
