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Mortgage Application Activity Slows Again
Among the federal programs, the FHA share of total applications decreased to 18.3% from 18.8% the week prior. Continue Reading Mortgage Application Activity Slows Again
Mortgage Application Activity Slows Again
Among the federal programs, the FHA share of total applications decreased to 18.3% from 18.8% the week prior. Continue Reading Mortgage Application Activity Slows Again
Report: Most Affordable Housing in NYC Built in 10 of 51 Council Districts
A new report has found a significantly lopsided allotment of affordable housing across New York City. 6SqFt.com reports the latest NYC Housing Tracker Report from the New York Housing Conference found only 10 of the city’s 51 Council districts produced more than half...
Swiss Mansion That Hosted 1985 Reagan-Gorbachev Summit Up for Auction
The Swiss mansion that was the site of the historic 1985 Geneva Summit between President Ronald Reagan and Soviet General Secretary Mikhail Gorbachev is up for auction with a starting bid of $12.6 million. Mansion Global reports the 28-room mansion was built in 1867...
Former Fannie Mae President David Benson Returns as Senior Adviser
David Benson, the former president of Fannie Mae (OTCQB: FNMA), is rejoining the government-sponsored enterprise in the capacity of a senior adviser. Bill Pulte, director of the Federal Housing Finance Agency (FHFA) and the self-appointed chairman of Fannie Mae, made...
NEWS & CURRENT EVENTS
PHH Mortgage Debuts FlexIQ Suite of Non-QM Products
FlexIQ will replace PHH’s previously offered Gold/Silver/Bronze non-QM programs. Continue Reading PHH Mortgage Debuts FlexIQ Suite of Non-QM Products
LendingTree Chairman and CEO Doug Lebda Dies in ATV Accident
Lebda founded LendingTree in 1996 after going through difficulties trying to secure his first mortgage. Continue Reading LendingTree Chairman and CEO Doug Lebda Dies in ATV Accident
Racing Champion Michael Andretti Lists Indiana Estate for $11.9 Million
The estate provides 570 feet of shoreline along Geist Reservoir with a three-slip boat deck. Continue Reading Racing Champion Michael Andretti Lists Indiana Estate for $11.9 Million
Peachtree Group Launches Equipment Finance Division
Brian Shaughnessy was named president of the new division. Continue Reading Peachtree Group Launches Equipment Finance Division
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New Partnership Seeks to Educate Prospective Homebuyers
The Future Homebuyer Initiative will consist of 10 events across the country. Continue Reading New Partnership Seeks to Educate Prospective Homebuyers
BlackRock Acquires ElmTree Funds
The financial details of the acquisition were not disclosed. Continue Reading BlackRock Acquires ElmTree Funds
Ex-NYPD Detective Among Trio Charged in Bronx Deed Theft Scheme
The retired detective, Chenenne Guevarra-Francis, teamed with his mother Barbara Guevarra-Francis, a retired nurse, and attorney Merrick Dammar. Continue Reading Ex-NYPD Detective Among Trio Charged in Bronx Deed Theft Scheme
Dubai Partners With Crypto.com to Tokenize Real Estate
Procedures will be developed to support digital real estate transactions that allow investors to buy and sell property with digital currencies. Continue Reading Dubai Partners With Crypto.com to Tokenize Real Estate
Hits and Misses for the Real Estate Week of June 30-July 4
Property tax reform in Missouri, the future of Pope Leo’s childhood home, and Kim Jong Un’s beachfront resort. Continue Reading Hits and Misses for the Real Estate Week of June 30-July 4
NJ Woman Indicted for Destroying Evidence in Real Estate Fraud Probe
The charge of destruction of records carries a maximum penalty of 20 years in prison and a fine of $250,000. Continue Reading NJ Woman Indicted for Destroying Evidence in Real Estate Fraud Probe
Dubai Launches Program to Encourage First-Time Homebuyers
The program is open to applicants aged 18 and above who are residents of the UAE and who do not currently own residential property in Dubai. Continue Reading Dubai Launches Program to Encourage First-Time Homebuyers
Leadership Shift at Title Resources Group
New CEO Kevin Wall most recently served as co-president of First American Title Insurance Company. Continue Reading Leadership Shift at Title Resources Group
Who Wants to Buy Jennifer Lopez and Ben Affleck’s Beverly Hills Mansion? Answer: No One
Lopez and Affleck, who married in July 2022, acquired the 38,000-square-foot estate in May 2023 for $60.8 million. Continue Reading Who Wants to Buy Jennifer Lopez and Ben Affleck’s Beverly Hills Mansion? Answer: No One
A Phil Hall Op-Ed: Bill Pulte’s Obsessive Attacks on Jerome Powell
The FHFA director has been endlessly berating the Federal Reserve chairman over the past several days. Continue Reading A Phil Hall Op-Ed: Bill Pulte’s Obsessive Attacks on Jerome Powell
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