Current News & Events
Mortgage Application Activity Down by Nearly 4%
The FHA share of total applications decreased to 19.5% from 20.2% the week prior. Continue Reading Mortgage Application Activity Down by Nearly 4%
Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
Mortgage Application Activity Up for First Time in Five Weeks
The refinance share of mortgage activity increased to 30.1% of total applications from 29.5% the previous week. Continue Reading Mortgage Application Activity Up for First Time in Five Weeks
Home Prices Continue to Remain Elevated
Prices rose in 42 states between the second quarters of 2022 and 2023. Continue Reading Home Prices Continue to Remain Elevated
FTC in $1.6 Million Settlement with Roomster Over Fraudulent Postings
Roomster was accused of failing to verify apartments submitted to its website, posting nonexistent apartment listings, and scamming consumers with fake positive reviews. Continue Reading FTC in $1.6 Million Settlement with Roomster Over Fraudulent Postings
JLL to Run Global Facilities Management in Rolls-Royce’s Real Estate Portfolio
The assignment covers 15 million square feet of manufacturing, warehouse and office space at 44 sites in six countries. Continue Reading JLL to Run Global Facilities Management in Rolls-Royce’s Real Estate Portfolio
HGTV Smart Home 2023 Sweepstakes Winner is Named
“I was in shock. I still am,” said Stacey Braswell. “You never think it’s going to be you.” Continue Reading HGTV Smart Home 2023 Sweepstakes Winner is Named
Integro Bank, a Phoenix-Based Community Bank, Creates a Mortgage Division
Integro Bank is a single-branch community bank with $42.6 million in assets. Continue Reading Integro Bank, a Phoenix-Based Community Bank, Creates a Mortgage Division
Pennsylvania Housing Finance Agency Issues RFP for Mixed-Use Projects
PHFA Executive Director and CEO Robin Wiessmann said these projects “can provide an economic spark or help attract additional investments.” Continue Reading Pennsylvania Housing Finance Agency Issues RFP for Mixed-Use Projects
American Bank of Oklahoma Settles Redlining Charges
The bank has agreed to invest over $1.15 million to increase credit opportunities in neighborhoods of color in the Tulsa metropolitan area. Continue Reading American Bank of Oklahoma Settles Redlining Charges
MBA Open Doors Foundation Reports Helping More Than 15,000 Families Since 2012
The Foundation first partnered with Children’s National Medical System in Washington, D.C., in 2012. Continue Reading MBA Open Doors Foundation Reports Helping More Than 15,000 Families Since 2012
Mystery Buyer of 52K Acres of California Land is Revealed
The Flannery initiative was created by Jan Sramek, a former Goldman Sachs trader. Continue Reading Mystery Buyer of 52K Acres of California Land is Revealed
