Featured Real Estate News
Foreclosure Starts Surged by 14% Year-Over-Year
A total of 38,840 residential properties had foreclosure filings during February, down 4% from the prior month but up 20% from one year earlier. According to data from ATTOM, lenders started the foreclosure process on 25,928 residential properties last month, down 2%...
Foreclosure Starts Surged by 14% Year-Over-Year
One in every 3,701 housing units had a foreclosure filing in February. Continue Reading Foreclosure Starts Surged by 14% Year-Over-Year
Bessent: Trump Fed Chairman Choice Could Be Unveiled ‘As Soon as Next Week’
Treasury Secretary Scott Bessent announced that President Trump is very close to making his selection for the next Federal Reserve chairman. “My guess is the president will reach a decision maybe as soon as next week,” said Bessent during a CNBC interview at the World...
Connecticut Freezes Property Tax Assessments on Farmland
Connecticut Gov. Lamont announced a freeze on property tax assessments for the state’s farms amid warnings that farmers would face severe tax hikes that would imperil their operations. In a letter to the state’s Office of Policy and Management, Lamont ordered the...
Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs
The Federal Home Loan Bank of Chicago (FHLBank Chicago) has launched the 2026 iteration of its Downpayment Plus and Downpayment Plus Advantage grant programs with a $28 million allocation to help income-eligible homebuyers across Illinois and Wisconsin. Working in...
News & Current Events
Powell to Attend Supreme Court’s Oral Arguments for Lisa Cook Mortgage Fraud Case
Cook was accused of mortgage fraud in a criminal referral made by Bill Pulte, the director of the Federal Housing Finance Agency. Continue Reading Powell to Attend Supreme Court’s Oral Arguments for Lisa Cook Mortgage Fraud Case
Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections
Judge David Jones said he was “satisfied” with Summit’s plan to mitigate the more than 6,500 housing code violations in Pinnacle’s portfolio. Continue Reading Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections
New York Stock Exchange Develops Tokenized Securities Platform
The platform will support trading of tokenized shares fungible with traditionally issued securities as well as tokens natively issued as digital securities. Continue Reading New York Stock Exchange Develops Tokenized Securities Platform
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DC Council Approves Plans for New Commanders Stadium
“This is a historic moment,” said Josh Harris, the owner of the Commanders. Continue Reading DC Council Approves Plans for New Commanders Stadium
Cincinnati Bengals Sign Lease to Stay at Paycor Stadium
The Bengals will invest $120 million in a renovation project at the 25-year-old stadium. Continue Reading Cincinnati Bengals Sign Lease to Stay at Paycor Stadium
UBS in $300 Million Settlement Over Credit Suisse RMBS Case
“UBS has resolved another of Credit Suisse’s legacy issues,” said the Swiss bank. Continue Reading UBS in $300 Million Settlement Over Credit Suisse RMBS Case
Hits and Misses for the Real Estate Week of July 28-Aug. 1
The Fed ignores the president, FICO lobbies Congress, and Grant Cardone needs a CFO. Continue Reading Hits and Misses for the Real Estate Week of July 28-Aug. 1
FICO Chief Pushes Back at Pulte Criticism Over Pricing and ‘Monopoly’ Status
“We have over 90% market share in all these other markets that have nothing to do with the government,” Will Lansing said. Continue Reading FICO Chief Pushes Back at Pulte Criticism Over Pricing and ‘Monopoly’ Status
Lennar Begins Home Sales at New Florida Community
The community includes a 55+ active adult section. Continue Reading Lennar Begins Home Sales at New Florida Community
Newsom Issues Executive Order Curbing Housing Density in Fire-Impacted Areas
Los Angeles Mayor Karen Bass issued a similar executive order. Continue Reading Newsom Issues Executive Order Curbing Housing Density in Fire-Impacted Areas
Trump Calls on Fed Board of Governors to Overthrow Powell
There is no precedent for the Fed’s Board of Governors to force its chairman out of the leadership role. Continue Reading Trump Calls on Fed Board of Governors to Overthrow Powell
Wells Fargo CEO Charles Scharf to Become Chairman of the Board
When Scharf becomes chairman, the Wells Fargo board intends to appoint a lead independent director. Continue Reading Wells Fargo CEO Charles Scharf to Become Chairman of the Board