Real Estate Industry News & Insights
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Sharena Ali Named CEO at Cinch Home Services
Ali previously served as president at Connect, powered by American Family Insurance. Continue Reading Sharena Ali Named CEO at Cinch Home Services
Report: Chicago Mayor Johnson to Propose Property Tax Hike to Fix Budget Gap
The depth and scope of the potential tax increase was not disclosed. Continue Reading Report: Chicago Mayor Johnson to Propose Property Tax Hike to Fix Budget Gap
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Athena Real Estate Acquires First Pennsylvania Property
The 234-site RV park stretches encompasses 167 acres. Continue Reading Athena Real Estate Acquires First Pennsylvania Property
Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme
Sheldon Haag was sentenced to one year and one day in prison and two years of supervised release. Continue Reading Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme
Capital Square Acquires Georgia Build-for-Rent Community
Valley Ridge was developed by D.R. Horton and completed in 2023. Continue Reading Capital Square Acquires Georgia Build-for-Rent Community
Market Spotlight: Four New Regional Programs for Borrowers
A quartet of new regionally focused programs for current and prospective homeowners have been announced this week. Westerly, Rhode Island-based Washington Trust has expanded its RI Community Lending Program with the addition of I Luv RI Home Improvement Loans as home...
Mortgage Application Activity Drops by 1.3%
The VA share of total applications dropped to 15.4% from 18.3%. Continue Reading Mortgage Application Activity Drops by 1.3%
Rocket Mortgage Partners with Annaly in Mortgage Subservicing Pact
Rocket Mortgage is expected to begin servicing loans for Annaly as early as December. Continue Reading Rocket Mortgage Partners with Annaly in Mortgage Subservicing Pact
The Agency in New Partnership for Mortgage Lending
Aclara Lending will begin operations in Southern California. Continue Reading The Agency in New Partnership for Mortgage Lending
HUD and Ginnie Mae to Host Summit on Mortgage Market Liquidity
The summit will include guest experts from the federal government, private sector, and housing industry. Continue Reading HUD and Ginnie Mae to Host Summit on Mortgage Market Liquidity
30-Year Fixed-Rate Mortgage at 2-Year Low
The 30-year fixed-rate mortgage averaged 6.08% as of Sept. 26. Continue Reading 30-Year Fixed-Rate Mortgage at 2-Year Low
Mortgage Application Payments Down by Nearly 4%
The national median mortgage payment for conventional loan applicants was $2,056. Continue Reading Mortgage Application Payments Down by Nearly 4%
Number of Loans in Forbearance Up in August
The share of Fannie Mae and Freddie Mac loans in forbearance increased 1 basis point to 0.13% in August. Continue Reading Number of Loans in Forbearance Up in August
DOJ Announces $2.4 Million HECM Settlement with Nutter
The company exited the mortgage business in 2022. Continue Reading DOJ Announces $2.4 Million HECM Settlement with Nutter
Refinancing Drives Up Mortgage Application Activity
The Refinance Index increased 20% from the previous week and was 175% higher than the same week one year ago. Continue Reading Refinancing Drives Up Mortgage Application Activity
