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2 Mexican Nationals Arrested for Fraudulent Home Sales
Victor Hugo Villalobos Almazan and Nayeli Noemi Montoya Rodriguez pretended to be the owners of vacant or undeveloped plots of real estate. Continue Reading 2 Mexican Nationals Arrested for Fraudulent Home Sales
2 Mexican Nationals Arrested for Fraudulent Home Sales
Victor Hugo Villalobos Almazan and Nayeli Noemi Montoya Rodriguez pretended to be the owners of vacant or undeveloped plots of real estate. Continue Reading 2 Mexican Nationals Arrested for Fraudulent Home Sales
FICO Debuts Program to Sell Credit Scores Directly to Lenders
FICO (NYSE: FICO) has announced a new program that bypasses the three major credit bureaus and enables the direct sale of the company’s credit scores to lenders. According to the company, the FICO Mortgage Direct License Program, the mortgage credit specialists known...
Ground Broken for New 10,000-Seat Arena in Reno
Reno-based Grand Sierra Resort (GSR) announced the groundbreaking on its new 10,000-seat arena that will be the future home of the University of Nevada men's basketball team. The $435 million GSR Arena will span 300,000 square feet and seat up to 10,000 guests. The...
Mortgage Rates Rise for Second Straight Week
Mortgage rates increased for the second consecutive week, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.34% as of Oct. 2, up from last week when it averaged 6.30%. A year ago...
NEWS & CURRENT EVENTS
Report: White House Offers NYC Mayor Adams a HUD Position if He Drops Re-Election Bid
Another report has Adams being offered the role of US Ambassador to Saudi Arabia Continue Reading Report: White House Offers NYC Mayor Adams a HUD Position if He Drops Re-Election Bid
Developers of Offshore Wind Project Halted by Trump Sue to Void Stop-Work Order
Construction on the 65-turbine Revolution Wind project began in 2023. Continue Reading Developers of Offshore Wind Project Halted by Trump Sue to Void Stop-Work Order
Trump’s Fed Pick Says He Will Take Unpaid Leave from White House Job if Confirmed
Rhode Island’s Democratic Senator Jack Reed called Miran’s plan “absolutely ridiculous.” Continue Reading Trump’s Fed Pick Says He Will Take Unpaid Leave from White House Job if Confirmed
Multifamily Mortgage Lending Up 17%
More than half (53%) of the active lenders made five or fewer multifamily loans over the course of the year. Continue Reading Multifamily Mortgage Lending Up 17%
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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.
Homeownership Expenses Consume One-Third of National Average Wage
Nationwide, the typical $2,021 cost of mortgage payments, homeowner insurance, mortgage insurance and property taxes is down 0.7% quarterly. Continue Reading Homeownership Expenses Consume One-Third of National Average Wage
Weichert Opens First International Office in Portugal
The Portuguese brokerage will operate under the new name HomeLovers – Weichert. Continue Reading Weichert Opens First International Office in Portugal
Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law
The bill passed unanimously in both houses of the legislature. Continue Reading Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law
Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
MV Realty is permanently banned from doing business in Minnesota. Continue Reading Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
Maine Home Sales up 6.51%
A total of 753 home sales were closed in Maine last month, a 6.51% increase from the 707 sales transacted in February 2024. According to data from the Main Association of Realtors, the statewide median sales price for those sales was $381,500, a 9% jump from the...
Andrew Cuomo’s NYC Mayoral Bid Attracts Wealthy Real Estate Donors
Cuomo resigned as New York governor in 2020 amid sexual harassment allegations. Continue Reading Andrew Cuomo’s NYC Mayoral Bid Attracts Wealthy Real Estate Donors
Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70
He served as director of capital programs for the District of Columbia Housing Authority. Continue Reading Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70
Kolter Homes Unveils New 55+ Community in Florida
The community will feature over 800 homes. Continue Reading Kolter Homes Unveils New 55+ Community in Florida
UK Government Plans to Build 18,000 New Social and Affordable Homes by 2029
The announcement follows government plans to train 60,000 construction workers to address a worker shortage in that sector. Continue Reading UK Government Plans to Build 18,000 New Social and Affordable Homes by 2029
FHFA’s Pulte Rescinds Five Biden-Era Housing Policy Actions
Pulte announced his actions in photographs of the paper-based orders posted to his personal X account. Continue Reading FHFA’s Pulte Rescinds Five Biden-Era Housing Policy Actions
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