Real Estate Industry News & Insights
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Michigan Real Estate Agent Sentenced in Child Predator Case
64-year-old John DeMarco received a sentence of 30 to 240 months. Continue Reading Michigan Real Estate Agent Sentenced in Child Predator Case
Leadership Change at Arch Capital Group
Nicolas Papadopoulo will succeed the retiring Marc Grandisson. Continue Reading Leadership Change at Arch Capital Group
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
HUD Charges Florida Housing Providers with Disability Discrimination
HUD alleged the providers threatened the complainant with an eviction because of her reasonable accommodation request. Continue Reading HUD Charges Florida Housing Providers with Disability Discrimination
Three Mile Island to be Revived for Powering Microsoft Data Centers
Three Mile Island’s undamaged 835-megawatt Unit 1 reactor has closed in 2019 due to the costs of maintaining the facility. Continue Reading Three Mile Island to be Revived for Powering Microsoft Data Centers
OceanFirst Bank in Redlining Settlement with HUD
OceanFirst will invest at least $14 million in a loan subsidy fund. Continue Reading OceanFirst Bank in Redlining Settlement with HUD
Fairway Independent Mortgage to Shut Down Wholesale Division
The final lock date on new loans is scheduled for Feb. 9 and the last day to submit new loans is Feb. 16. Continue Reading Fairway Independent Mortgage to Shut Down Wholesale Division
Tammac Holdings Corp. Expands Into Michigan and Alabama
The company can now offer manufactured and mobile home loans in the two states. Continue Reading Tammac Holdings Corp. Expands Into Michigan and Alabama
Mortgage Rates Continue to Drop
“With continued deceleration in inflation we expect rates to decline further,” said Freddie Mac Chief Economist Sam Khater. Continue Reading Mortgage Rates Continue to Drop
Mortgage Application Activity Declines by 7.2%
“Low existing housing supply is limiting options for prospective buyers,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Declines by 7.2%
Mortgage Rates and Purchase Loan Applications Inch Up
“We anticipate a busier spring homebuying season than 2023,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates and Purchase Loan Applications Inch Up
Single-Family Home Sales, Buyer Affordability Ticked Up in December
The national median mortgage payment was $2,055 in December. Continue Reading Single-Family Home Sales, Buyer Affordability Ticked Up in December
MBA: Only 0.23% of Loans in Forbearance at the End of 2023
According to MBA’s estimate, 115,000 homeowners are in forbearance plans. Continue Reading MBA: Only 0.23% of Loans in Forbearance at the End of 2023
FTC Begins Claims Process for Victims of Lanier Law’s Mortgage Relief Scam
The deadline to file a claim is March 18. Continue Reading FTC Begins Claims Process for Victims of Lanier Law’s Mortgage Relief Scam
Mortgage Applications for New Home Purchases Up 22.2%
The average loan size for new homes increased from $390,049 in November to $405,368 in December. Continue Reading Mortgage Applications for New Home Purchases Up 22.2%
Mortgage Rates Drop to 8-Month Low
The 30-year fixed-rate mortgage averaged 6.60% as of Jan. 18. Continue Reading Mortgage Rates Drop to 8-Month Low
