Exclusive WRE News Articles
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Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses
Insurance Bureau of Canada (IBC), the national industry association representing Canadian private home, auto and business insurers, has blamed Prime Minister Justin Trudeau’s for failing to protect property owners from… Continue Reading Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses Continue Reading Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses
New York State Considers Expanding CRA Law to Cover Nonbank Mortgage Lenders
The proposed regulation tests will take place where the nonbanks are originating loans rather than where they have a physical branch presence. Continue Reading New York State Considers Expanding CRA Law to Cover Nonbank Mortgage Lenders
CFPB Finalizes Rule on PACE Loan Protections
The new rule requires lenders to assess a borrower’s ability to repay a PACE loan. Continue Reading CFPB Finalizes Rule on PACE Loan Protections
Additional Reading: Realtor Tools & Insights
Real Estate Investor Sentenced for Role in Mortgage Fraud Scheme
ron Puretz pleaded guilty to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Sentenced for Role in Mortgage Fraud Scheme
Mortgage Application Activity Down Slightly
The MBA reported mortgage applications for new home purchases in November were up 7.2% year-over-year. Continue Reading Mortgage Application Activity Down Slightly
Single-Family Housing Starts Up 6.4%
Privately-owned housing starts were down 1.8% from October. Continue Reading Single-Family Housing Starts Up 6.4%
Report: CFPB Pushing Ahead on Rulemaking Before Trump’s Return
“Delete CFPB,” wrote Elon Musk in an X posting. Continue Reading Report: CFPB Pushing Ahead on Rulemaking Before Trump’s Return
Work Begins on 1,484-Unit Transit-Oriented Housing in Toronto
The project is a public-private partnership. Continue Reading Work Begins on 1,484-Unit Transit-Oriented Housing in Toronto
Greystar Real Estate Partners Opens First Modular Housing Development
The developer has six additional modular housing projects in the works. Continue Reading Greystar Real Estate Partners Opens First Modular Housing Development
CMBS Delinquency Rate Soars to 6.40%
Trepp attributed the upswing to substantial increases in the delinquency rates for the office, multifamily and lodging property sectors. Continue Reading CMBS Delinquency Rate Soars to 6.40%
Trump Nominates Real Estate Developer Charles Kushner as Next Ambassador to France
Reaction to Kushner’s appointment in France has been mixed to negative. Continue Reading Trump Nominates Real Estate Developer Charles Kushner as Next Ambassador to France
Three Bay Area Real Estate Professionals Sentenced for Mortgage Fraud Scams
“The defendants tried to line their own pockets at the expense of homebuyers, lenders, and federally insured programs,” said US Attorney Ismail J. Ramsey. Continue Reading Three Bay Area Real Estate Professionals Sentenced for Mortgage Fraud Scams
Vivek Ramaswamy Condemns NYC’s $220 Million Deal to House Migrants at Pakistan-Owned Hotel
It is unclear what role the new DOGE can have in disrupting the contract between the hotel and the city government. Continue Reading Vivek Ramaswamy Condemns NYC’s $220 Million Deal to House Migrants at Pakistan-Owned Hotel
New GenAI App Enables Homeowners to ‘Talk’ to Their Homes
App users can ask questions about the specifics of the property and get immediate answers. Continue Reading New GenAI App Enables Homeowners to ‘Talk’ to Their Homes
Hits and Misses for the Real Estate Week of Nov. 25-29
A new wrinkle in the NAR settlement, a Trump-hating Airbnb host and an upcoming 24-hour stock exchange. Continue Reading Hits and Misses for the Real Estate Week of Nov. 25-29
Redevelopment Plan for Detroit’s Renaissance Center Calls for Demolishing Two Towers
The plan involves $250 million in state support and $100 million from Detroit’s Downtown Development Authority. Continue Reading Redevelopment Plan for Detroit’s Renaissance Center Calls for Demolishing Two Towers