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HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
The CHA’s audit will cover the period of Sept. 1, 2022, to Aug. 31, 2025. Continue Reading HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
The CHA’s audit will cover the period of Sept. 1, 2022, to Aug. 31, 2025. Continue Reading HUD Audits Chicago Housing Authority Over Immigration and Criminal Verifications
Walmart Announces Change in Leadership
Walmart Inc. (NYSE: WMT), the world’s largest retailer with over 10,750 stores and clubs across 19 countries, announced the appointment of John Furner to succeed Doug McMillon as president and CEO, effective Feb. 1, 2026. Furner, who was also elected to the company’s...
FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell
Rep. Eric Swalwell (D-CA) has become the latest target of mortgage fraud accusations leveled by Bill Pulte, the director of the Federal Housing Finance Agency (FHFA). NBC News, sourcing its coverage from an unnamed “person familiar with the referral,” reports that...
Disbarred Attorney Sentenced for Deed Theft Schemes
A disbarred attorney who stole the deeds to 11 residential properties across Brooklyn, primarily from minority homeowners in financial distress, was sentenced to two-and-a-half to seven years in prison and the corporations he owns were ordered to pay $120,000 in...
NEWS & CURRENT EVENTS
National Vacancy and Zombie Foreclosure Rates Decline
The number of zombie properties rose quarter-over-quarter in 21 states and the District of Columbia. Continue Reading National Vacancy and Zombie Foreclosure Rates Decline
Median Monthly Housing Payment in Biggest Decline Since Last November
Redfin attributed the lower payment level to declining mortgage rates. Continue Reading Median Monthly Housing Payment in Biggest Decline Since Last November
Historic Dallas Office Property with Ties to JFK Assassination Being Offered for Hotel Development
Dallas-based Merriman Anderson Architects has been hired to create architectural studies for this proposed endeavor. Continue Reading Historic Dallas Office Property with Ties to JFK Assassination Being Offered for Hotel Development
Aivre Secures UAD 3.6 Verification from Fannie Mae and Freddie Mac
“This is a watershed moment for the appraisal industry,” said Jake Lew, CEO of Aivre. Continue Reading Aivre Secures UAD 3.6 Verification from Fannie Mae and Freddie Mac
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Trump Calls on Fed Board of Governors to Overthrow Powell
There is no precedent for the Fed’s Board of Governors to force its chairman out of the leadership role. Continue Reading Trump Calls on Fed Board of Governors to Overthrow Powell
Wells Fargo CEO Charles Scharf to Become Chairman of the Board
When Scharf becomes chairman, the Wells Fargo board intends to appoint a lead independent director. Continue Reading Wells Fargo CEO Charles Scharf to Become Chairman of the Board
Q2 Commercial and Multifamily Mortgage Originations Up 66% from Last Year
On a year-over-year measurement, there was a 140% spike in the dollar volume of loans for office properties. Continue Reading Q2 Commercial and Multifamily Mortgage Originations Up 66% from Last Year
The Link at Uptown, Dallas Office Property, Sells for $218 Million
The property’s leases were all signed post-pandemic. Continue Reading The Link at Uptown, Dallas Office Property, Sells for $218 Million
NYC Housing Lottery Applicants Impacted by Data Breach
The online platform at the center of the breach is managed by Reside New York, a third-party vendor. Continue Reading NYC Housing Lottery Applicants Impacted by Data Breach
Mortgage Rates Dip, Homebuyer Affordability Up Slightly
The national median payment applied for by purchase applicants dropped to $2,172 from $2,211 in May. Continue Reading Mortgage Rates Dip, Homebuyer Affordability Up Slightly
Tri Pointe Homes Opens First Community in Utah
The company plans to create four additional communities across Salt Lake, Utah, and Wasatch counties. Continue Reading Tri Pointe Homes Opens First Community in Utah
CMBS Delinquency Rate Rises for Fifth Straight Month
July’s overall delinquent balance was $43.3 billion, and the outstanding balance was $598.9 billion. Continue Reading CMBS Delinquency Rate Rises for Fifth Straight Month
Survey: One-Third of Americans Have No Problems Lying on Credit Applications
On the flip side, Americans expect robust fraud protection that ensures their personal data is not compromised on fraudulent credit applications. Continue Reading Survey: One-Third of Americans Have No Problems Lying on Credit Applications
Leadership Change Announced for Stellar MLS
Stellar MLS serves over 84,000 customers and supports real estate agents and brokers across 21 realtor associations in Central and Southwest Florida and Puerto Rico. Continue Reading Leadership Change Announced for Stellar MLS
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