Current News & Events
Mortgage Application Activity Down by 5%
Among the federal programs, the FHA share of total applications increased to 20.8% from 19.5% the week prior. Continue Reading Mortgage Application Activity Down by 5%
Japan’s Sapporo Real Estate Sold to KKR-Led Venture for $3 Billion
Following the transaction, Sapporo Real Estate will become an independent company. Continue Reading Japan’s Sapporo Real Estate Sold to KKR-Led Venture for $3 Billion
Thompson Thrift to Construct 300-Unit Community in Suburban Orlando
Thompson Thrift plans to begin construction this month and welcome new residents beginning in late 2024. Continue Reading Thompson Thrift to Construct 300-Unit Community in Suburban Orlando
Automaker Fiat in Partnership on New Jersey Multifamily Complex
Fiat House will feature more than 300 rental residences with studio, one-bedroom and two-bedroom units. Continue Reading Automaker Fiat in Partnership on New Jersey Multifamily Complex
Mortgage Application Activity Continues to Slump
MBA’s Joel Kan said applications dropped “to the slowest weekly pace since 1995.” Continue Reading Mortgage Application Activity Continues to Slump
New Single-Family Home Sales Up Nearly 34% Year-Over-Year
The bulk of activity was focused in the South (with 456,000 houses sold last month) and the West. Continue Reading New Single-Family Home Sales Up Nearly 34% Year-Over-Year
‘Family Guy’ Takes Aim at Reverse Mortgages
A Tom Selleck parody convinced Peter Griffin to consider “Hey Alright Reverse Mortgages – or HARM.” Continue Reading ‘Family Guy’ Takes Aim at Reverse Mortgages
Federal Regulators Prepping Update to CRA
“We are still reviewing the nearly 1,500-page final rule released today,” said American Bankers Association President and CEO Rob Nichols. Continue Reading Federal Regulators Prepping Update to CRA
Study: Home Down Payment Averages Nearly $85,000
California had the three metros with the highest down payments averages. Continue Reading Study: Home Down Payment Averages Nearly $85,000
Justice Dept. Reportedly Planning Antitrust Suit Against NAR Despite Court Order
The department reached an agreement in November 2020 with NAR that resolved its concerns. Continue Reading Justice Dept. Reportedly Planning Antitrust Suit Against NAR Despite Court Order
Corcoran Group Announces New Houston Franchise
The new franchise is owned and led by founder and CEO James Krueger, who created Krueger Real Estate in 2014. Continue Reading Corcoran Group Announces New Houston Franchise
Lendesk Debuts Lender Spotlight AI Assistant
“This product is designed to be an indispensable tool for mortgage professionals,” said Carter Zimmerman, president of Lendesk. Continue Reading Lendesk Debuts Lender Spotlight AI Assistant
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