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National Private Lenders Association Launches Watchlist for Advancing Risk Controls
“The industry asked for a tool that plugs into intake and pre-funding. This is that tool,” said Jonathan Hornik, executive director of the NPLA. Continue Reading National Private Lenders Association Launches Watchlist for Advancing Risk Controls
National Private Lenders Association Launches Watchlist for Advancing Risk Controls
“The industry asked for a tool that plugs into intake and pre-funding. This is that tool,” said Jonathan Hornik, executive director of the NPLA. Continue Reading National Private Lenders Association Launches Watchlist for Advancing Risk Controls
FHFA’s Pulte Pitches Investing in Fannie Mae and Freddie Mac Ahead of Potential IPO
Bill Pulte has taken on a new role as part of his Federal Housing Finance Agency director – he is now doing investor relation pitches for a potential initial public offering (IPO) for Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). In a series of posts on his...
Denver-Area Fire Department Seeks Property Tax Hike to Offset Budget Shortfall
A fire department in the Denver metro area is seeking a property tax hike to cover a projected $500 million budget shortfall over the next decade. CBS News reports the South Metro Fire Rescue serves nearly 600,000 residents in Arapahoe, Douglas and Jefferson counties....
Sacramento Mayor Proposes Property Tax Hike to Fund New Housing
Sacramento Mayor Kevin McCarty is proposing a property tax hike that will be used to finance new housing developments. CBS News reports McCarty unveiled his plan during his first State of the City address on Monday. The mayor is proposing to enact a fee that will be...
NEWS & CURRENT EVENTS
New Data Reports Point to Further Slowing in Home Price Acceleration
FHFA Director Bill Pulte offered no remarks on his agency’s latest data report. Continue Reading New Data Reports Point to Further Slowing in Home Price Acceleration
CoStar Group Accuses Zillow of Ongoing Copyright Infringement Despite Lawsuit on Using Watermarked Photographs
“Despite being caught red-handed blatantly stealing our copyrighted work, Zillow has double downed to exploit thousands of additional copyrighted images without any shame,” said CoStar founder and CEO Andy Florance. Continue Reading CoStar Group Accuses Zillow of Ongoing Copyright Infringement Despite Lawsuit on Using Watermarked Photographs
Pending Home Sales on the Rise During August
Regionally, pending sales rose month-over-month in the Midwest, South, and West but declined in the Northeast. Continue Reading Pending Home Sales on the Rise During August
Century Communities Unveils New Florida Community
Pricing starts from the $300,000s. Continue Reading Century Communities Unveils New Florida Community
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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Hyatt Launches New Upscale Hotel Brand
According to the company, the new brand is “designed for travelers who value the essentials and prefer spontaneity over structure.” Continue Reading Hyatt Launches New Upscale Hotel Brand
Ohio Bill Would Cut Seniors’ Property Taxes by 50%, Regardless of Income
Property tax has become a hot-button issue in Ohio. Continue Reading Ohio Bill Would Cut Seniors’ Property Taxes by 50%, Regardless of Income
Father-Son Duo Plead Guilty to Fraud in Bond Offerings Tied to Sports Complex
The Millers pleaded guilty to one count of securities offering fraud and one count of aggravated identity theft. Continue Reading Father-Son Duo Plead Guilty to Fraud in Bond Offerings Tied to Sports Complex
Home Vacancy Rate Holds Steady for 13th Straight Quarter
ATTOM’s analysis found 222,358 properties were in the foreclosure process during the second quarter. Continue Reading Home Vacancy Rate Holds Steady for 13th Straight Quarter
Cyberattack Shuts Down Real Estate Transactions in Wisconsin County
Christina Weitzel, team lead for the RE/MAX Mineral Point office, complained that the county has been slow in remediating the damage created by the cyberattack. Continue Reading Cyberattack Shuts Down Real Estate Transactions in Wisconsin County
Sotheby’s International Realty Opens New Office in Hungary
The Budapest-based Hungary Sotheby’s International Realty will service the luxury residential market throughout the capital, the surrounding regions, and the Lake Balaton area. Continue Reading Sotheby’s International Realty Opens New Office in Hungary
Yes Communities Launches New Manufactured Housing Community in Florida
Savannas Ridge’s amenities include a clubhouse, resort-style swimming pool, playground and basketball court. Continue Reading Yes Communities Launches New Manufactured Housing Community in Florida
Mortgage Rates Inches Up, Homebuyer Affordability Inches Down
The 30-year fixed-rate mortgage averaged 6.89% as of May 29. Continue Reading Mortgage Rates Inches Up, Homebuyer Affordability Inches Down
Trump Meets with Powell at the White House
Trump, who has been highly critical of Powell’s leadership of the Fed, did not immediately comment on the meeting. Continue Reading Trump Meets with Powell at the White House
Tacoma Attorney Pleads Guilty to Fraud Tied to Client’s Reverse Mortgage
Prosecutors will recommend Colby Parks serve no more than 33 months in prison when he is sentenced on Aug. 29. Continue Reading Tacoma Attorney Pleads Guilty to Fraud Tied to Client’s Reverse Mortgage
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