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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
New York Attorney General Letitia James Indicted in Mortgage Fraud Case
New York Attorney General Letitia James has been indicted on a single count of bank fraud in connection to a mortgage on a residential property in Virginia. “No one is above the law," said Lindsey Halligan, the interim US Attorney for the Eastern District of Virginia....
Tech Trends: Smarter Ways to Do Business
This week’s edition of Tech Trends features artificial intelligence, deepfake detection and predictive analytics. A New App on Mr. Altman’s Platform. Zillow (NASDAQ: Z, ZG) announced it has become the first and only real estate app available in ChatGPT. According to...
Non-QM Lender Angel Oak Mortgage Solutions Debuts 5- and 7-Year Adjustable-Rate Mortgages
Angel Oak Mortgage Solutions LLC, the Atlanta-headquartered wholesale and correspondent non-qualified mortgage (non-QM) lender, has expanded is product line with the debut of 5-year and 7-year Adjustable-Rate Mortgages (ARM). According to the company, the new ARM...
NEWS & CURRENT EVENTS
FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Grant applications are now being accepted through Oct. 3. Continue Reading FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Appeals Court Rejects Trump’s Attempt to Fire Lisa Cook; Senate Approves Miran for Temporary Fed Seat
Neither Trump nor Pulte offered an immediate comment on the court’s ruling. Continue Reading Appeals Court Rejects Trump’s Attempt to Fire Lisa Cook; Senate Approves Miran for Temporary Fed Seat
California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs
It was supported by labor unions who were pleased with the bill’s provisions regarding a mandate for union workers on the new construction. Continue Reading California Lawmakers Approve Bill for Building High-Density Housing Near Transit Hubs
Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year
Historically, Canadians have made up the largest portion of international homebuyers in the US. Continue Reading Redfin: 19.5% Fewer Canadians Searching for US Properties Since Last Year
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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.
HUD HQ Building Listed for ‘Accelerated Disposal’
“You know, HUD is known as the ugliest building in DC, which is not a mantra I like,” said Secretary Turner. Continue Reading HUD HQ Building Listed for ‘Accelerated Disposal’
Ohio AG Sues United Wholesale Mortgage, Claiming ‘Conspiracy’ with Brokers
Yost launched his campaign for governor in January. Continue Reading Ohio AG Sues United Wholesale Mortgage, Claiming ‘Conspiracy’ with Brokers
Ginnie Mae MBS Portfolio Reached $2.73 Trillion in March
Ginnie Mae issued $33.2 billion in total MBS, resulting in a net portfolio growth of $5.9 billion. Continue Reading Ginnie Mae MBS Portfolio Reached $2.73 Trillion in March
California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors
The bill was inspired by the mortgage forbearance aspects of the Covid-era CARES Act. Continue Reading California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors
Report: CFPB Staff to Begin Receiving Termination Notices
Sen. Elizabeth Warren vowed to stop the layoffs. Continue Reading Report: CFPB Staff to Begin Receiving Termination Notices
California Home Sales Softened During March
The March statewide median price was $884,350. Continue Reading California Home Sales Softened During March
Report: Trump Planning to Overhaul Section 8 Voucher Program
The overhaul proposal could be part of President Trump’s 2026 fiscal year budget. Continue Reading Report: Trump Planning to Overhaul Section 8 Voucher Program
NWMLS Suspends Compass’ IDX Feed
“The MLS shouldn’t be able to dictate how homeowners sell their home,” said Compass CEO Robert Reffkin. Continue Reading NWMLS Suspends Compass’ IDX Feed
NAHREP: Housing Market ‘Threatened’ by Private Listings
NAHREP called for “the force of law” to ensure fair access to property information. Continue Reading NAHREP: Housing Market ‘Threatened’ by Private Listings
Bill Cosby Lists NYC Townhouse in Foreclosure Battle for $7 Million
A New York City townhouse owned by disgraced comedian Bill Cosby has been listed for $7 million, even though the property is at the center of a foreclosure fight. The New York Post reports Cosby put the four-story, 5,000-square-foot property on the market four months...
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