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UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Two Harbors is one of the nation’s largest servicers through its wholly owned subsidiary RoundPoint Mortgage Servicing LLC. Continue Reading UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Two Harbors is one of the nation’s largest servicers through its wholly owned subsidiary RoundPoint Mortgage Servicing LLC. Continue Reading UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
MBA Chief Supports Trump Executive Order on AI
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit commended President Trump’s executive order that blocks states from creating their own regulations around artificial intelligence (AI) while seeking to create national regulatory framework for the...
Las Vegas Realtors President Refuses to Resign After Board Calls for Him to Step Down
The president of the Las Vegas Realtors is refusing to resign after the organization’s board of directors voted to demand he step down. The Las Vegas Review-Journal, sourcing its coverage from unnamed “multiple sources,” reports the board voted 6-5 last week to call...
Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Matthew Thomas Onofrio, a Minnesota real estate investor who previously worked as a nurse anesthetist, was sentenced to 36 months in federal prison for carrying out a $420 million bank fraud scheme. According to the charges against him, Onofrio used online...
NEWS & CURRENT EVENTS
Fed Cuts Rates by Quarter Point
The decision by the central bank’s policy making Federal Open Market Committee had three of the 12 committee members dissenting. Continue Reading Fed Cuts Rates by Quarter Point
Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
eXp Announces Additions to C-Suite
“Growth isn’t just learned, it’s lived,” said CEO Leo Pareja. Continue Reading eXp Announces Additions to C-Suite
The Agency Expands in Texas with New Office in Waco
The Agency Waco will be led by Managing Partners Amanda Cunningham and Matthew Cunningham. Continue Reading The Agency Expands in Texas with New Office in Waco
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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.
New ‘Mansion Tax’ Coming to England
Tens of thousands of properties could be impacted by this new tax, with most of the residences located in London. Continue Reading New ‘Mansion Tax’ Coming to England
Santa Fe to Link Minimum Wage Increases to Housing Affordability
Santa Fe’s minimum wage will rise to $17.50 in 2027. Continue Reading Santa Fe to Link Minimum Wage Increases to Housing Affordability
Tech Trends: New Book Details How Real Estate Agents Can Embrace AI
Kevin Hawkins talks about his new book “The Real AI Guide for Real Estate Agents.” Continue Reading Tech Trends: New Book Details How Real Estate Agents Can Embrace AI
RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
The company argues the new law (S7882/A1417) represents a challenge to free speech and repeats false claims regarding its revenue management software. Continue Reading RealPage Sues to Block New York State Law Banning Algorithmic Rent-Setting Software
Mortgage Rates Decline Ahead of Thanksgiving
The 30-year fixed-rate averaged 6.23% as of Nov. 26, down from last week when it averaged 6.26%. Continue Reading Mortgage Rates Decline Ahead of Thanksgiving
A Phil Hall Op-Ed: Where’s the Beef in Trump’s Housing Affordability Plans?
Is the Trump administration seriously addressing the lack of housing affordability? Continue Reading A Phil Hall Op-Ed: Where’s the Beef in Trump’s Housing Affordability Plans?
Mortgage Application Activity Remains Mostly Flat
“The government purchase index, which includes FHA, VA, and USDA applications, increased 9 percent and had the strongest week since 2023,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Remains Mostly Flat
New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
Rep. Andy Biggs (R-AZ) introduced companion legislation in the House of Representatives. Continue Reading New Bill Would End Biden-Era Environmental Policies Impacting the Housing Market
Sutton Group Acquires Real Estate Tech Firm Homicity
Jamie Blades, founder and CEO of Homicity, will join Sutton Group as vice president of technology. Continue Reading Sutton Group Acquires Real Estate Tech Firm Homicity
625-Bed Student Housing Development Planned Near North Carolina’s Appalachian State University
Delivery is planned for the 2027-2028 academic year. Continue Reading 625-Bed Student Housing Development Planned Near North Carolina’s Appalachian State University
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