Current News & Events
reAlpha Tech Corp. Acquires InstaMortgage
Under the terms of the definitive agreement, reAlpha would acquire 100% of the outstanding equity of InstaMortgage for total consideration of approximately $8.5 million. Continue Reading reAlpha Tech Corp. Acquires InstaMortgage
Maine’s Housing Market was a November to Forget
The state reported a median sales price of $399,000 for single-family existing homes sold in November. Continue Reading Maine’s Housing Market was a November to Forget
Marcus Ervin Joins DCHFA as SVP of Multifamily Lending
Ervin will serve as the agency’s chief underwriter with responsibilities for developing business opportunities and managing the predevelopment construction pipelines. Continue Reading Marcus Ervin Joins DCHFA as SVP of Multifamily Lending
Russia Threatens Finland Over Real Estate Confiscation Rules
“We will not leave without a proper response such actions of the so-called civilized Finnish state,” said foreign ministry spokesperson Maria Zakharova. Continue Reading Russia Threatens Finland Over Real Estate Confiscation Rules
Q3 Canadian Home Prices Up 3.6% Year-Over-Year
Royal LePage is forecasting that the aggregate price of a home in Canada will increase 7% year-over-year in the fourth quarter. Continue Reading Q3 Canadian Home Prices Up 3.6% Year-Over-Year
CFPB and Justice Department Warn Lenders Against Bias Based on Immigration Status
“Fair access to credit is crucially important for building wealth and strengthening household financial stability,” said CFPB Director Rohit Chopra. Continue Reading CFPB and Justice Department Warn Lenders Against Bias Based on Immigration Status
Mortgage Rates Surge Onward and Upward for Fifth Straight Week
Sam Khater, Freddie Mac’s chief economist, noted, “The good news is that the economy and incomes continue to grow at a solid pace.” Continue Reading Mortgage Rates Surge Onward and Upward for Fifth Straight Week
Home Values in 0.1% Decline During September
31 of the 50 largest metro areas have home values that are higher today versus one year ago. Continue Reading Home Values in 0.1% Decline During September
Foreclosure Filings Up During Q3
ATTOM CEO Rob Barber observed that “some homeowners are still grappling with the pandemic’s financial aftermath or encountering new challenges.” Continue Reading Foreclosure Filings Up During Q3
CFPB and FTC Take Action Against TransUnion Over Rental Background Checks
“Americans across the country were put at risk of wrongful housing denials because TransUnion failed to follow the law,” said CFPB Director Rohit Chopra. Continue Reading CFPB and FTC Take Action Against TransUnion Over Rental Background Checks
FutureWave Finance, a Start-Up Correspondent Lender, Opens in Chicago
Founder Stephen Thomas was previously senior managing director of mortgage capital markets at the Federal Home Loan Bank of Chicago. Continue Reading FutureWave Finance, a Start-Up Correspondent Lender, Opens in Chicago
Offerpad in Sponsorship Deal with Clemson University
“Like all our Tiger teams, Offerpad has the competitive spirit and know-how to get things done,” said Clemson’s Kyle Caddell. Continue Reading Offerpad in Sponsorship Deal with Clemson University














