Current News & Events
Report: Right-Wing News Site Inspired Pulte’s Mortgage Fraud Charges Against Swalwell
A review of government emails by Reuters has traced the roots of the criminal referral to a Nov. 12 article published by The Gateway Pundit. Continue Reading Report: Right-Wing News Site Inspired Pulte’s Mortgage Fraud Charges Against Swalwell
Hits and Misses for the Real Estate Week of Dec. 15-19
Presidential promises of a stronger housing market, dead Colorado residents getting HUD benefits, and Jeremy Allen White’s real estate obsession. Continue Reading Hits and Misses for the Real Estate Week of Dec. 15-19
Guest Opinion: Putting a New Effort into Expanding the Housing Supply
Housing affordability has become increasingly urgent for many Americans over the past decade due to insufficient production and rising demand. Continue Reading Guest Opinion: Putting a New Effort into Expanding the Housing Supply
CFPB Mortgage Report: Higher Closing Costs, More Denials for Insufficient Income
Average monthly mortgage payments increased more than 46% last year, from $1,400 in December 2021 to $2,045 in December 2022. Continue Reading CFPB Mortgage Report: Higher Closing Costs, More Denials for Insufficient Income
Mortgage Application Activity Declines Again
Both the seasonally adjusted and the unadjusted Purchase Index dropped 2% from one week earlier. Continue Reading Mortgage Application Activity Declines Again
Fannie Mae Launches Spanish-Language Program for Hispanic Homebuyers
“We’re committed to a future where everyone has fair access to sustainable housing,” said Fannie Mae CEO Priscilla Almodovar. Continue Reading Fannie Mae Launches Spanish-Language Program for Hispanic Homebuyers
M&T Bank Provides $1.22 Million for Underserved Pennsylvania Neighborhoods
“Supporting the communities we serve is at our core,” said M&T’s Gail D’Angelo Continue Reading M&T Bank Provides $1.22 Million for Underserved Pennsylvania Neighborhoods
Realtor.com Unveils Renovation Calculator for Homeowners Planning Property Upgrades
Users are presented with estimated renovation costs and the potential increase in their home value. Continue Reading Realtor.com Unveils Renovation Calculator for Homeowners Planning Property Upgrades
BGO Industrial Real Estate Income Trust Buys Ownership Stake in Midwest Industrial Portfolio
The purchase price of the portfolio was approximately $130 million. Continue Reading BGO Industrial Real Estate Income Trust Buys Ownership Stake in Midwest Industrial Portfolio
Christie’s Opens Office in Park City, Utah
The founding agents recorded more than $340 million in closed transaction volume in 2022. Continue Reading Christie’s Opens Office in Park City, Utah
SEC Charges Podcaster in Real Estate Ponzi Scheme
The U.S. Securities and Exchange Commission (SEC) charged Matthew Motil, host of the podcast “The Cash Flow King,” with fraudulently raising approximately $11 million from more than 50 investors in a Ponzi scheme involving notes purportedly backed by residential...
15 Years Later: How the Subprime Mortgage Fiasco Gave Rise to the CFPB
Market forces can fail to provide a check on complex financial products and that’s why you need some basic rules. Continue Reading 15 Years Later: How the Subprime Mortgage Fiasco Gave Rise to the CFPB
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