Featured Real Estate News
PennyMac Debuts Non-QM Product Suite
PennyMac Financial Services Inc. (NYSE: PFSI) has launched a suite of non-qualified mortgage (Non-QM) products in its third party origination (TPO) division. According to the Westlake Village, California-based company, the new products are designed to “help TPO...
PennyMac Debuts Non-QM Product Suite
The new products are designed to “help TPO partners solve complex borrower scenarios, expand their addressable market, and close more loans.” Continue Reading PennyMac Debuts Non-QM Product Suite
SBA Issues Guidance to Speed Rebuilding in LA Communities Destroyed by Wildfires
The US Small Business Administration (SBA) has published a regulatory guidance titled “Addressing State and Local Failures to Rebuild Los Angeles After Wildfire Disasters” that will enable allow builders to self-certify compliance with substantive state and local...
Saks Off 5th to Close Most of its Stores
Saks Global, the parent company of the Saks Fifth Avenue department store chain, it is closing 62 of its 70 Saks Off 5th discount outlets as part of its bankruptcy protection restructuring. The Wall Street Journal reports the stores targeted for closing will begin...
Hanover Bancorp Names New Chief Commercial Real Estate Lending Officer
Hanover Bancorp Inc. (NASDAQ: HNVR), the Mineola, New York-based bank holding company for Hanover Community Bank, has hired William J. Newham III as executive vice president and chief commercial real estate lending officer. Prior to joining Hanover Bank, Newham was...
News & Current Events
Trump Nominates Kevin Warsh to Become Next Federal Reserve Chairman
Warsh previously served as a governor on the Fed’s Board of Governors from 2006 through 2011. Continue Reading Trump Nominates Kevin Warsh to Become Next Federal Reserve Chairman
A Phil Hall Op-Ed: When Political ‘Protesters’ Damage Commercial Property
While the Constitution guarantees the right to peaceably assemble, it does not guarantee the right to physically or economically destroy someone else’s business. Continue Reading A Phil Hall Op-Ed: When Political ‘Protesters’ Damage Commercial Property
Georgia GOP Lawmakers Propose Ending Homestead Property Taxes by 2032
The proposal encourages local governments and schools to consider other options to compensate for the decrease in property tax revenue. Continue Reading Georgia GOP Lawmakers Propose Ending Homestead Property Taxes by 2032
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Exclusive News
New Fund Offers Grants to Commercial Developers Along Atlanta’s Beltline Corridor
Developers interested in the program can apply online, and applications are being accepted through Oct. 24. Continue Reading New Fund Offers Grants to Commercial Developers Along Atlanta’s Beltline Corridor
Florida Man Arrested for Threatening to Shoot Commissioners Over Property Taxes
A Florida resident is free on bail after being arrested for threatening to shoot city officials if they increased property taxes. Continue Reading Florida Man Arrested for Threatening to Shoot Commissioners Over Property Taxes
Southern Nevada Real Estate Brokerages Announce Merger
The combined company will operate under the Signature name after Oct. 8. Continue Reading Southern Nevada Real Estate Brokerages Announce Merger
Flyhomes to Close Real Estate Brokerage, Focus on Wholesale Lending
The company announced it will transition its real estate agents to another brokerage platform. Continue Reading Flyhomes to Close Real Estate Brokerage, Focus on Wholesale Lending
Former Fed and Treasury Leaders File Amicus Brief Backing Lisa Cook
A bipartisan collection of former Federal Reserve chairpersons, Treasury Secretaries and White House economists have filed an amicus brief with the US Supreme Court asking that Lisa Cook remain as a Federal Reserve governor while she fights the White House's effort to...
New Soccer Stadium Planned for Reno
Reno Pro Soccer said it planned to enlist local input to create the club’s including team name, brand colors and crest. Continue Reading New Soccer Stadium Planned for Reno
Trump Announces New Tariffs on Home Furnishings
Trump offered no explanation on why he was suddenly focused on this particular product line for increased tariffs. Continue Reading Trump Announces New Tariffs on Home Furnishings
New York State Inventory Rises, But Home Sales Continue to Decline
Median prices across New York State reached $460,000 last month. Continue Reading New York State Inventory Rises, But Home Sales Continue to Decline
Mortgage Application Payment Levels Down in August
The national median mortgage payment for conventional loan applicants was $2,112, down from $2,160 in July. Continue Reading Mortgage Application Payment Levels Down in August



































