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FHFA Gives Green Light for Use of FICO 10T Score Data
FICO announced the news in a corporate blog post; the FHFA has yet to make a formal announcement. Continue Reading FHFA Gives Green Light for Use of FICO 10T Score Data
FHFA Gives Green Light for Use of FICO 10T Score Data
FICO announced the news in a corporate blog post; the FHFA has yet to make a formal announcement. Continue Reading FHFA Gives Green Light for Use of FICO 10T Score Data
Illinois Home Sales Up 4.6% Year-Over-Year
A total of 11,375 homes, both single-family houses and condominiums, were sold in Illinois last month, a 4.6% rise from the 10,873 sold one year earlier. According to data from Illinois Realtors, 22,845 homes were available for sale statewide last month, down 2.9%...
Realtor.com to Debut FlyAround, Offering 360-Degree Views of Properties
Realtor.com is planning to offer its users FlyAround, a new feature that leverages 3D Maps from Google Maps Platform that provides a 360-degree view of property listings. According to the company, FlyAround enables users to see lot dimensions, topography, and how a...
Mortgage Rates Drop for Fourth Straight Week
Mortgage rates continued their downward slide in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.17% as of Oct. 30, down from last week when it averaged 6.19%. A year ago at this time, it FRM...
NEWS & CURRENT EVENTS
Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern
Only 36% believed they had the financial wherewithal for that responsibility. Continue Reading Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern
Florida Court Halts Property Transfer for Trump Presidential Library
County appraisers estimate the parcel is worth more than $67 million. Continue Reading Florida Court Halts Property Transfer for Trump Presidential Library
Start-Up Feesback Debuts Lead Platform with 50% Cashback on Real Estate Commissions
The company is currently running a pilot program in New York City. Continue Reading Start-Up Feesback Debuts Lead Platform with 50% Cashback on Real Estate Commissions
Mortgage Application Activity Slows Again
The FHA share of total applications increased to 20.5% from 18.5% the week prior while the VA share of total applications dropped to 14.9% from 16.3%. Continue Reading Mortgage Application Activity Slows Again
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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.
NJ Real Estate Investor Charged in Multimillion-Dollar Ponzi Fraud Scheme
Cesar Humberto Pina, also known as “Flipping NJ,” gained influencer status through a series of real estate seminars conducted around the country. Continue Reading NJ Real Estate Investor Charged in Multimillion-Dollar Ponzi Fraud Scheme
Saudi Arabia to Allow Property Ownership by Foreigners
However, properties in the holy cities Makkah and Madinah will not be open to foreign buyers. Continue Reading Saudi Arabia to Allow Property Ownership by Foreigners
Tim Leiweke Steps Down as Oak View Group CEO Following Indictment on Bid Rigging
He has transitioned to the role of vice chairman of the board of directors. Continue Reading Tim Leiweke Steps Down as Oak View Group CEO Following Indictment on Bid Rigging
HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
HUD said this endeavor “exemplified government overreach.” Continue Reading HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
White House Increases Attack on Powell, Claiming Mismanagement of Fed HQ Renovations
A recent Supreme Court ruling stated that Fed officials cannot be fired by a president at will. Continue Reading White House Increases Attack on Powell, Claiming Mismanagement of Fed HQ Renovations
Del Webb Breaks Ground on 55+ Community in Austin Suburb
The completed project will encompass over 500 residences to be built across 323 acres. Continue Reading Del Webb Breaks Ground on 55+ Community in Austin Suburb
Historic Masonic Temple in Oakland Listed for Sale
The Scottish Rite Temple is an 85,000-square-foot building spanning four levels. Continue Reading Historic Masonic Temple in Oakland Listed for Sale
Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades
“We have mandated expenses to fix the inhumane conditions there,” said Commissioner Dana Barrett. Continue Reading Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades
New Partnership Aims at Tokenizing Tokyo Real Estate
“Japanese content—whether game IP or other cultural assets—commands high global value,” said Ryo Matsubara, representative director of Oasys. Continue Reading New Partnership Aims at Tokenizing Tokyo Real Estate
FHFA’s Pulte: ‘Moneyed Corporations’ Are Trying ‘To Stop Us’
Pulte also used his personal X account to announce Westcor was being added “to Fannie Mae’s title acceptance pilot on certain refinances.” Continue Reading FHFA’s Pulte: ‘Moneyed Corporations’ Are Trying ‘To Stop Us’
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