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CMBS Delinquency Rate Drops by Five Basis Points
The office sector delinquency rate spiked by 33 basis points to 6.08%.
UMH Properties and Nuveen Real Estate in Manufactured Housing Joint Venture
UMH Properties Inc. (NYSE: UMH) has expanded its partnership with Nuveen Real Estate, a TIAA company, by way of a new joint venture. According to the companies, the joint venture focuses on the development of a new manufactured housing community located in Honey...
Pineapple Financial Opens New Office in Metro Vancouver Area
Pineapple Financial Inc. (NYSE American: PAPL), a tech-focused mortgage brokerage with an integrated network of partner brokerages and agents across Canada, has established an office in the Metro Vancouver area as part of its expansion into Western Canada. The new...
Jeff Pancer Joins First Community Mortgage as EVP of Capital Markets
First Community Mortgage (FCM), a Nashville-based subsidiary of First Community Bank of Tennessee, has named Jeff Pancer to the new position of executive vice president of capital markets. Pancer’s career spans over three decades in the secondary markets. Prior to...
News & Current Events

Survey: 42% of Sellers Didn’t Know They Pay the Buyer’s Agent’s Commission
72% of sellers who worked with an agent believed a good agent was worth every penny of their commission.

ATTOM Names Ned Stringham as Chairman of the Board of Directors
ATTOM also announced the promotions of Ana Flor to chief people officer and Kara Taylor to chief marketing officer.

RE/MAX and Anywhere Real Estate Receive Preliminary Approval for Lawsuit Settlements
“We are pleased with the court’s decision to grant preliminary approval of the settlement,” said Nick Bailey, president and CEO of RE/MAX LLC.

Larry E. Thompson to Become FHLBNY Board Chairman
Thompson is also the chairman-elect of the Council of Federal Home Loan Banks.
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Jeff Pancer Joins First Community Mortgage as EVP of Capital Markets
Prior to joining FCM, he was senior vice president of secondary markets at CMG Financial.

Samuel Harrity Joins Kiavi as SVP of Capital Markets
Prior to joining Kiavi, he was the head of capital markets for Mynd, a tech-enabled platform.

Monthly Mortgage Payment Average Continues to Decline
Redfin attributed this decline to the continued downturn in mortgage rates from its high of 7.79% in October.

Plaza Partners Rebrands as Resident
The company boasts a 6.5 million square foot development pipeline.

Stephen Sondheim’s NYC Townhome Sells for $7 Million Asking Price
Two offers were made on the property since it was listed last July.

Mortgage Rates Down for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 7.22% as of Nov. 30, down from last week when it averaged 7.29%.
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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