Current News & Events
PennyMac Debuts Non-QM Product Suite
The new products are designed to “help TPO partners solve complex borrower scenarios, expand their addressable market, and close more loans.” Continue Reading PennyMac Debuts Non-QM Product Suite
Tennesee Realtor Indicted on Child Exploitation and Unlawful Photography Charges
Justin Holder has been the subject of a probe conducted by the Tennessee Bureau of Investigation since last May. Continue Reading Tennesee Realtor Indicted on Child Exploitation and Unlawful Photography Charges
College of Charleston to Create Endowed Professorship for Commercial Real Estate
Since 2018, the number of declared commercial real estate finance majors has grown from 33 to 190. Continue Reading College of Charleston to Create Endowed Professorship for Commercial Real Estate
Frontdoor Acquires 2-10 Home Buyers Warranty for $585 Million
Approximately one in five new homes built in the U.S. are covered by a 2-10 new home structural warranty. Continue Reading Frontdoor Acquires 2-10 Home Buyers Warranty for $585 Million
Steven Curtis Joins NRL Mortgage as Chief Production Officer
He was previously senior vice president at Security National Mortgage and Fairway Independent Mortgage. Continue Reading Steven Curtis Joins NRL Mortgage as Chief Production Officer
Unlicensed Indianapolis Real Estate Manager Sued for Duping Investors
Herbert Whalen is accused of engaging in the management of property for investors without a real estate broker license. Continue Reading Unlicensed Indianapolis Real Estate Manager Sued for Duping Investors
CMBS Delinquency Rate Drops Below 5%
Year-over-year, the CMBS delinquency rate is up by 135 basis points from 3.62%. Continue Reading CMBS Delinquency Rate Drops Below 5%
Ohio GOP Lawmakers Offer Property Tax Cap as Constitutional Amendment
“Our property tax system is a broken system in the state of Ohio and property taxpayers must be protected,” said Rep. Scott Wiggam. Continue Reading Ohio GOP Lawmakers Offer Property Tax Cap as Constitutional Amendment
Massachusetts Lawmakers Drop Governor’s ‘Mansion Tax’ Proposal from Budget Bill
“I’m just glad to know that it’s out,” said Gov. Healey. Continue Reading Massachusetts Lawmakers Drop Governor’s ‘Mansion Tax’ Proposal from Budget Bill
James Noel Named President of Development at The Franklin Johnston Group
Noel joined TFJG in 2017 as senior vice president and general counsel. Continue Reading James Noel Named President of Development at The Franklin Johnston Group
Rubio’s Coastal Grill Shutters 48 California Restaurants
The company cited the “rising cost of doing business in California.” Continue Reading Rubio’s Coastal Grill Shutters 48 California Restaurants
Publisher’s View: The Great Election Distraction and the U.S. Housing Market Myth
As the drumbeat of the U.S. presidential election grows louder, so does the clamor around its alleged impact on the housing market—a narrative that is as pervasive as it is misleading. Political operatives and pundits alike weave tales of doom and market paralysis...
