Featured Real Estate News
PennyMac Debuts Non-QM Product Suite
PennyMac Financial Services Inc. (NYSE: PFSI) has launched a suite of non-qualified mortgage (Non-QM) products in its third party origination (TPO) division. According to the Westlake Village, California-based company, the new products are designed to “help TPO...
PennyMac Debuts Non-QM Product Suite
The new products are designed to “help TPO partners solve complex borrower scenarios, expand their addressable market, and close more loans.” Continue Reading PennyMac Debuts Non-QM Product Suite
Refinancing Fueled Q4 2025 Home Lending Activity
A total of 1.72 million mortgages secured by residential property (one to four units) were issued in the fourth quarter of 2025, according to data from ATTOM. That marked a 6% decrease from the third quarter and was mostly the same as the volume in the fourth quarter...
Tech Trends: Updated Solutions to Assist Housing Professionals
This edition of Tech Trends provides updates on digital solutions impacting diverse corners of the housing industry. Integrated Systems. RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), announced an integration with Snowflake (NYSE: SNOW), the AI Data Cloud company....
Michigan Gov. Whitmer Proposes 10% Reduction in Property Taxes for Seniors
Michigan Gov. Gretchen Whitmer is proposing that senior homeowners in her state receive a 10% reduction on their property taxes. CBS News reports Whitmer, a Democrat who is in the final year of her term, will officially announce the proposal in her State of the State...
News & Current Events
Chinese Owners of NYC’s Waldorf Astoria to Sell Property Months After Multibillion-Dollar Renovation
The property’s eight-year, $4 billion overhaul was five years behind schedule and more than $1 billion over budget. Continue Reading Chinese Owners of NYC’s Waldorf Astoria to Sell Property Months After Multibillion-Dollar Renovation
Sen Elizabeth Warren: Trump’s Attacks on the CFPB Cost Consumers $19 Billion
“Donald Trump promised to lower costs for Americans ‘On Day One.’” Warren said. Continue Reading Sen Elizabeth Warren: Trump’s Attacks on the CFPB Cost Consumers $19 Billion
Foreclosure Activity Rises Annually for Eleventh Straight Month
Across the nation, one in every 3,547 housing units had a foreclosure filing in January. Continue Reading Foreclosure Activity Rises Annually for Eleventh Straight Month
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Exclusive News
Mortgage Application Activity Tumbles by 5.2%
The FHA share of total applications increased to 19.9% from 19.4% the week prior. Continue Reading Mortgage Application Activity Tumbles by 5.2%
California Home Sales at Highest Level Since February
The statewide median home price ticked up 0.4% from $883,640 in September to $886,960 in October. Continue Reading California Home Sales at Highest Level Since February
REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
New listings were up 0.8% from October 2024 but were down by 0.5% from September. Continue Reading REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years
Experian’s report also showed roughly 60% of today’s renters have near-prime or better scores. Continue Reading New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years
Private Connecticut Island Sells at a Discount
The 18-acre Hay’s Island includes an 8,684-square-foot, six-bedroom mansion built in 2010. Continue Reading Private Connecticut Island Sells at a Discount
Builder Confidence Remains Flat
41% of builders were cutting prices in November, a record high in the post-Covid period and the first time this measure has passed 40%. Continue Reading Builder Confidence Remains Flat
Senate Democrats Seek GAO Probe of Pulte’s Handling of Mortgage Fraud Referrals
Pulte has not publicly commented on the increased attention given to his actions. Continue Reading Senate Democrats Seek GAO Probe of Pulte’s Handling of Mortgage Fraud Referrals
Minnesota Property Taxes Could Rise by $1 Billion in 2026
Final property taxes will be determined by the end of the year, and it would be the highest increase of this decade if it holds. Continue Reading Minnesota Property Taxes Could Rise by $1 Billion in 2026
Report: Chicago Property Taxes See Largest Hike in 30 Years
The city is offering an installment plan with interest for homeowners who are unable to pay their total property tax bill at one time. Continue Reading Report: Chicago Property Taxes See Largest Hike in 30 Years