Real Estate Industry News & Insights
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Long Island Real Estate Attorney Pleads Guilty to Larceny Charges
Daniel Boldi is expected to be sentenced to three to nine years in prison and is required to pay $1 million. Continue Reading Long Island Real Estate Attorney Pleads Guilty to Larceny Charges
Sen. Elizabeth Warren Asks Biden to Use Executive Orders to Lower Housing Costs
“We strongly encourage you to cement your legacy by addressing one of the most pressing economic issues of our time,” said the progressives. Continue Reading Sen. Elizabeth Warren Asks Biden to Use Executive Orders to Lower Housing Costs
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
The Home Depot Foundation Commits Up to $2 Million for Helene Disaster Relief
The Homer Fund, The Home Depot’s employee assistance fund, is providing immediate financial support to impacted associates. Continue Reading The Home Depot Foundation Commits Up to $2 Million for Helene Disaster Relief
Helene Update: 121 Dead, Millions Without Power Across Southeast
Florida Gov. Ron DeSantis said power had been restored for 2.32 million customers in his state. Continue Reading Helene Update: 121 Dead, Millions Without Power Across Southeast
FHFA Proposes Rule to Expand Access to Liquidity for the Federal Home Loan Banks
The proposed rule would clarify the terms used by the FHLBanks to determine limits on unsecured credit to counterparties. Continue Reading FHFA Proposes Rule to Expand Access to Liquidity for the Federal Home Loan Banks
CFPB Takes Aim at Mortgage Servicers Over ‘Junk Fees’
“Homeowners cannot just simply switch providers if their mortgage servicer charges them illegal junk fees,” said CFPB Director Rohit Chopra. Continue Reading CFPB Takes Aim at Mortgage Servicers Over ‘Junk Fees’
Mortgage Demand Down 2.7%
The Refinance Index decreased 6% from the previous week and was 3% higher than the same week one year ago. Continue Reading Mortgage Demand Down 2.7%
CrossCountry Mortgage Unveils CCM EasyGreen
Income qualified borrowers can use the new product in a purchase loan or for refinancing. Continue Reading CrossCountry Mortgage Unveils CCM EasyGreen
Arrive Home Debuts Earned Equity Program as Mortgage Alternative
Arrive Home President Tai Christensen said the program will “facilitate responsible homeownership.” Continue Reading Arrive Home Debuts Earned Equity Program as Mortgage Alternative
Mortgage Rates Soar Above 7%
The 30-year fixed-rate mortgage averaged 7.10% as of April 18, up from last week when it averaged 6.88%. Continue Reading Mortgage Rates Soar Above 7%
Portfolio+ Launches Reverse Mortgage Product
The Portfolio+ platform is designed to cover all stages from origination to funding. Continue Reading Portfolio+ Launches Reverse Mortgage Product
Mortgage Application Activity Rises Again
The seasonally adjusted Purchase Index increased 5% from one week earlier and the unadjusted index was up by 6%. Continue Reading Mortgage Application Activity Rises Again
New Home Purchase Mortgage Applications Up 6.2%
The average loan size for new homes was $405,400 in March. Continue Reading New Home Purchase Mortgage Applications Up 6.2%
A&D Mortgage Launches Promotion for Northeast Markets
The promotion runs from April 15 to May 31. Continue Reading A&D Mortgage Launches Promotion for Northeast Markets
CMG Financial Acquires Norcom Mortgage’s Retail Assets
CMG Financial, a mortgage banking firm headquartered in San Ramon, California, announced its retail acquisition of Norcom Mortgage of Hartford, Connecticut. The financial terms of the acquisition were not disclosed. The integration of Norcom Mortgage marks CMG's...
