Featured Real Estate News
FHFA’s Pulte Files New Criminal Referrals Against NY AG Letitia James
Federal Housing Finance Agency (FHFA) Director Bill Pulte has filed new criminal referrals accusing New York Attorney General Letitia James of mortgage fraud. CBS News reports Pulte sent a letter to Florida prosecutors claiming James could have submitted false...
FHFA’s Pulte Files New Criminal Referrals Against NY AG Letitia James
The new criminal referrals follow the Trump administration’s failed efforts to secure a mortgage fraud indictment against James. Continue Reading FHFA’s Pulte Files New Criminal Referrals Against NY AG Letitia James
NYC Developer Indicted in $10 Million Fraud Scheme Expected to Plead Guilty
Joshua Schuster, a former New York City real estate developer who was indicted last May for conducting a four-year, multimillion-dollar real estate investment scam, is reportedly planning to enter a guilty plea in his case. Hoodline.com reports Schuster is scheduled...
Maryland Home Sales Down Amid Inventory Shortages
A total of 3,660 homes were sold in Maryland during January, which represented an 11.9% drop from the 4,155 sales recorded one year earlier. But while sales were down, new data from Maryland Realtors showed pending sales were up by 8.1% over the same period. Still,...
American Express to Build 55-Story HQ at World Trade Center Site
American Express (NYSE: AXP) has unveiled plans for a new global headquarters at 2 World Trade Center in Lower Manhattan. The building will be developed on land owned by the Port Authority of New York and New Jersey under a long-term ground lease. This marks the final...
News & Current Events
Memphis Notary Sentenced for Role in Real Estate Fraud Scheme
Shaneika Seymore notarized multiple fraudulent quitclaim deeds which purported to transfer ownership from the true homeowners to Seymore and her co-conspirators. Continue Reading Memphis Notary Sentenced for Role in Real Estate Fraud Scheme
Janitorial Worker Wanted for Stealing Checks and Embezzling from Baton Rouge Realtor
Ariel Brown is being sought on 48 counts of embezzlement and forgery for the 48 checks she allegedly stole and altered. Continue Reading Janitorial Worker Wanted for Stealing Checks and Embezzling from Baton Rouge Realtor
Michigan House Speaker Proposes $4.7 Billion Tax on Higher-Income Services to Replace Property Taxes
“I can’t see them wanting to vote against property tax cuts,” Rep. Hall said about Democratic lawmakers. Continue Reading Michigan House Speaker Proposes $4.7 Billion Tax on Higher-Income Services to Replace Property Taxes
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Mortgage Application Activity Remains Mostly Flat
“The government purchase index, which includes FHA, VA, and USDA applications, increased 9 percent and had the strongest week since 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Remains Mostly Flat
New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
Rep. Andy Biggs (R-AZ) introduced companion legislation in the House of Representatives. Continue Reading New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
Sutton Group Acquires Real Estate Tech Firm Homicity
Jamie Blades, founder and CEO of Homicity, will join Sutton Group as vice president of technology. Continue Reading Sutton Group Acquires Real Estate Tech Firm Homicity
625-Bed Student Housing Development Planned Near North Carolina’s Appalachian State University
Delivery is planned for the 2027-2028 academic year. Continue Reading 625-Bed Student Housing Development Planned Near North Carolina’s Appalachian State University
Swalwell Sues Pulte Over Mortgage Fraud Allegations
Swalwell also accused Pulte of violating the Privacy Act of 1974, which forbids federal agencies from making unauthorized public disclosures of sensitive information relating to an individual. Continue Reading Swalwell Sues Pulte Over Mortgage Fraud Allegations
New Data Points to Deceleration in Home Prices
Chicago, New York and Boston reported the highest year-over-year gains with year-over-year price increases of 5.5%, 5.2% and 4.1%, respectively. Continue Reading New Data Points to Deceleration in Home Prices
Alabama Home Sales Down During October
The state’s median sales price was $253,201, up by 7.6% from September and by 19.7% from October 2024. Continue Reading Alabama Home Sales Down During October
Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
Fannie and Freddie Conforming Loan Limits Raised for 2026
The increase is linked to the 3.26% house price increase recorded between the third quarters of 2024 and 2025. Continue Reading Fannie and Freddie Conforming Loan Limits Raised for 2026