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Report: Refinance Retention at 3.5-Year High
Non-banks retained refinancing borrowers at roughly three times the rate of banks (35% versus 13%). Continue Reading Report: Refinance Retention at 3.5-Year High
Report: Refinance Retention at 3.5-Year High
Non-banks retained refinancing borrowers at roughly three times the rate of banks (35% versus 13%). Continue Reading Report: Refinance Retention at 3.5-Year High
Report: Prosecutor Warns Mortgage Fraud Case Against Sen. Schiff Lacks Viable Evidence
A news report is claiming the Trump administration’s attempt to bring a mortgage fraud indictment against one of its most vocal critics, Sen. Adam Schiff (D-CA), has stalled due to a perceived lack of viable evidence needed to bring the case to trial. MSNBC, sourcing...
NJ Governor Intervenes to Stop Eminent Domain Seizure of 175-Year-Old Family Farm
A 175-year-old family-owned farm in Cranbury, New Jersey, that was threatened with eminent domain seizure by township officials eager to use the land for affordable housing was spared from takeover after Gov. Phil Murphy intervened in the case. In a statement, the...
Phishing Emails Targeting NAMB Members
The National Association of Mortgage Brokers (NAMB) has warned its membership to be on the alert for phishing emails that were crafted to look like official messaging from the organization. NAMB noted the emails came from the @vk.com domain with urgent messaging that...
NEWS & CURRENT EVENTS
NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000
Juan Valoy was not a licensed broker and did not have permission from the apartments’ owners to show their residences. Continue Reading NYC Man Charged in Rental Scam That Defrauded Victims Out of $25,000
K&B Plaza, Historic New Orleans Office Complex, Listed for $11.4 Million
The sale will also encompass a 44,000-square-foot surface parking lot with 142 spaces and 65 underground parking spaces. Continue Reading K&B Plaza, Historic New Orleans Office Complex, Listed for $11.4 Million
Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief
Holding a special session does not guarantee that any legislation would pass. Continue Reading Gov. DeSantis Hints at Special Legislative Session Aimed at Property Tax Relief
FHFA Withdraws Three Biden-Era Proposed Rules
The FHFA made the announcement of the withdrawals in the Federal Register, stating it no longer planned to issue final rules for the proposals. Continue Reading FHFA Withdraws Three Biden-Era Proposed Rules
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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.
Texas Realtor Pleads Guilty to $770,000 Fraud Scheme
Mario Alberto Rodriguez will be sentenced on Aug. 12 and faces up to 20 years in federal prison and a possible $250,000 maximum fine. Continue Reading Texas Realtor Pleads Guilty to $770,000 Fraud Scheme
San Francisco’s Market Center Complex Sold at a Steep Discount
The property, which consists of adjacent 22-story and 40-story towers on Market Street, were 44% leased as of April. Continue Reading San Francisco’s Market Center Complex Sold at a Steep Discount
Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
The Chicago White Sox expressed interest in the site but demanded $1 billion in public funding to cover the development costs. Continue Reading Chicago Fire to Build $650 Million Soccer Stadium Without Public Funding
Oceanfront Oregon Hotel Listed for Sale
The hotel was built in 1966 and spans nearly 2.5 acres across five buildings, with 900 feet of exclusive beachfront access. Continue Reading Oceanfront Oregon Hotel Listed for Sale
Real Estate Agency Slammed for Offering Week’s Free Rent in Exchange for 5-Star Google Reviews
Oddly, the business did not suffer from bad reviews – it enjoyed an average rating of 4.8 stars from 851 reviews prior to the story going live. Continue Reading Real Estate Agency Slammed for Offering Week’s Free Rent in Exchange for 5-Star Google Reviews
Douglas Elliman to Expand Globally
“Elliman International represents the natural progression of our legacy as America’s premier luxury real estate brokerage now becoming global,” said President and CEO Michael S. Liebowitz. Continue Reading Douglas Elliman to Expand Globally
Platform Ventures Launches Multifamily Development Unit
The company “believes multifamily housing offers a blend of stability, income generation, and long-term growth potential.” Continue Reading Platform Ventures Launches Multifamily Development Unit
Progressive Insurance Debuts Program to Empower Prospective Homebuyers
Progressive is also introducing The UpPayment program, a down payment assistance program that will provide a $13,500 grant towards the purchase of a home to up to 100 qualified applicants. Continue Reading Progressive Insurance Debuts Program to Empower Prospective Homebuyers
Early 18th Century Brooklyn Farmhouse to Become Museum
The house was part of the Underground Railroad system that sheltered enslaved people fleeing from the South. Continue Reading Early 18th Century Brooklyn Farmhouse to Become Museum
Texas Legislature Passes Property Tax Relief Bills
The property tax relief bills are part of a 1,056-page, $338 billion two-year budget. Continue Reading Texas Legislature Passes Property Tax Relief Bills
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