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MBA Chief Calls for Federal Probe into Price Hikes on Credit Reporting Products
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit is calling for a federal investigation into recent price increases for credit reporting products. In a post on LinkedIn, Broeksmit stated, “I was hoping it was April Fool’s Day, but it feels more like...
MBA Chief Calls for Federal Probe into Price Hikes on Credit Reporting Products
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit is calling for a federal investigation into recent price increases for credit reporting products. In a post on LinkedIn, Broeksmit stated, “I was hoping it was April Fool’s Day, but it feels more like...
Mortgage Application Activity Drops by Nearly 13%
Mortgage application activity slowed dramatically during the week ending Sept. 26, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 12.7% on a seasonally adjusted...
NAR Warns of Disruptions to NFIP if Government Shutdown Drags On
The National Association of Realtors (NAR) has warned that a prolonged shutdown of the federal government will imperil the National Flood Insurance Program (NFIP). NAR noted that the shutdown has resulted in the halting of NFIP’s authority to issue new policies, which...
New ATTOM Tool Identifies True Owners Controlling Properties
ATTOM has rolled out Transparent Owner, a new data product designed to identify the true owners behind residential property. According to the company, Transparent Owner uses proprietary identity resolution techniques that combine public record data, machine learning,...
NEWS & CURRENT EVENTS
CFPB’s Vought: Government Accountability Office ‘Should Not Exist’
Gene Dodaro, the comptroller general of the GAO, said, “Clearly Russell Vought does not value transparency and accountability.” Continue Reading CFPB’s Vought: Government Accountability Office ‘Should Not Exist’
Report: DOJ Begins Criminal Probe into Mortgage Fraud Accusations Against Fed Gov. Lisa Cook
It is unclear how long the DOJ probe will take to complete. Continue Reading Report: DOJ Begins Criminal Probe into Mortgage Fraud Accusations Against Fed Gov. Lisa Cook
California Leads Nation with Most Q2 At-Risk Housing Markets
In 19% (111) of the 579 counties with sufficient data to analyze, residents needed to spend at least half of their annualized wages to purchase and maintain a home in the second quarter. Continue Reading California Leads Nation with Most Q2 At-Risk Housing Markets
FHFA’s Pulte: ‘Jay Powell Doesn’t Like Our President’
Pulte refused to answer questions on the mortgage fraud allegations raised against Trump ally Ken Paxton. Continue Reading FHFA’s Pulte: ‘Jay Powell Doesn’t Like Our President’
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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Kanye West’s Former Malibu Residence Resells Less Than a Week After Being Listed
The property spans 4,201 square feet and is constructed of approximately 1,200 tons of concrete, 200 tons of steel reinforcement, and 12 massive pylons driven more than 60 feet into the sand. Continue Reading Kanye West’s Former Malibu Residence Resells Less Than a Week After Being Listed
Real Estate Scammer Sentenced in $3 Million Loan Fraud
David Izsak was convicted on ten counts of financial institution fraud. Continue Reading Real Estate Scammer Sentenced in $3 Million Loan Fraud
Agent Removed from Las Vegas Realtors’ Board of Directors
No reason was given for Zarbod Zanganeh’s removal. Continue Reading Agent Removed from Las Vegas Realtors’ Board of Directors
Tiny Nebraska City Offers $50,000 Down Payment Aid to Attract Residents
Pawnee City received 115 applications between March 14-27, when its offer was made available. Continue Reading Tiny Nebraska City Offers $50,000 Down Payment Aid to Attract Residents
The Appraisal Institute Faces Whistleblower Lawsuit Over Alleged Fraud in Exam Results
Alissa Akins is seeking back pay, punitive damages and attorney’s fees. Continue Reading The Appraisal Institute Faces Whistleblower Lawsuit Over Alleged Fraud in Exam Results
Tech Helpline Adds 6 Realtor Organizations to Client List
The service is owned and operated by Florida Realtors. Continue Reading Tech Helpline Adds 6 Realtor Organizations to Client List
Foot Locker Moves HQ from NYC to St. Petersburg, Florida
Foot Locker Inc. (NYSE: FL), the footwear and apparel retailer, is relocating is global headquarters from New York City to a 110,998-square-foot office in St. Petersburg, Florida. The company, which first announced its relocation plans last summer, has signed a lease...
Rocket Companies Acquires Mr. Cooper for $9.4 Billion
This is Rocket’s second acquisition this month, following its earlier announcement of the $1.75 billion purchase of Redfin. Continue Reading Rocket Companies Acquires Mr. Cooper for $9.4 Billion
Report: Real Estate Developer to Run for Mayor of Boston
Thomas O’Brien is CEO and managing partner of The HYM Investment Group. Continue Reading Report: Real Estate Developer to Run for Mayor of Boston
Cathy Polan Installed as 2025 President of Ontario Real Estate Association
OREA also named Sault Ste. Marie-based realtor Kimberly Fairley as 2025 president-elect. Continue Reading Cathy Polan Installed as 2025 President of Ontario Real Estate Association
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