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FHFA Gives Green Light for Use of FICO 10T Score Data
FICO announced the news in a corporate blog post; the FHFA has yet to make a formal announcement. Continue Reading FHFA Gives Green Light for Use of FICO 10T Score Data
FHFA Gives Green Light for Use of FICO 10T Score Data
FICO announced the news in a corporate blog post; the FHFA has yet to make a formal announcement. Continue Reading FHFA Gives Green Light for Use of FICO 10T Score Data
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
74-Year-Old Florida Man Arrested in Real Estate Investment Fraud Scheme
This is not the first time that Jerald Benjamin Clawson ran afoul of the law. Continue Reading 74-Year-Old Florida Man Arrested in Real Estate Investment Fraud Scheme
Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
The governor established an annual Maryland Housing Leadership Awards to recognize jurisdictions that make progress on their housing development goals. The Continue Reading Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
Toronto Home Sales Rise as Prices Decline
The average selling price of $1.02 million was down by 5.2% compared to one year earlier. Continue Reading Toronto Home Sales Rise as Prices Decline
Argentina Recovers Nazi-Looted Artwork Spotted in Online Real Estate Listing
Last month, the long-lost painting was seen in the interior of Patricia Kadgien’s Buenos Aires home. Continue Reading Argentina Recovers Nazi-Looted Artwork Spotted in Online Real Estate Listing
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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.
Q4 Renter Population Up by Less Than 1%
Home prices are more than 40% above pre-pandemic levels and rent prices are roughly 20% above pre-pandemic levels. Continue Reading Q4 Renter Population Up by Less Than 1%
Mortgage Applications Down, Homeowner Equity Up
“Overall, purchase application volume is up 6% compared to last year at this time,” said MBA’s Mike Fratantoni. Continue Reading Mortgage Applications Down, Homeowner Equity Up
Report: Las Vegas Has Greatest Shortage of Affordable Housing for Extremely Low-Income Renters
Dallas, Austin, San Diego and Houston also have shortages of affordable housing. Continue Reading Report: Las Vegas Has Greatest Shortage of Affordable Housing for Extremely Low-Income Renters
Hawaiian Legislators Consider Redefining ‘Historic Property’
The state’s current definition of “historic property” is entirely age-focused. Continue Reading Hawaiian Legislators Consider Redefining ‘Historic Property’
California Records Highest Home Sales in Over 2 Years
The statewide median home price of $829,060 represented a 1.2% drop from January’s $838,850 price. Continue Reading California Records Highest Home Sales in Over 2 Years
14,500-Seat NWSL Stadium Announced for Denver
The venue is scheduled to open in the spring of 2028. Continue Reading 14,500-Seat NWSL Stadium Announced for Denver
HUD Secretary Turner Would Like to Move Agency from HQ Building
The building was added to the National Register of Historic Places in 2008. Continue Reading HUD Secretary Turner Would Like to Move Agency from HQ Building
Sotheby’s International Realty Opens First Philippines Office
The new Philippines Sotheby’s International Realty is headquartered in Makati, the nation’s financial and commercial hub. Continue Reading Sotheby’s International Realty Opens First Philippines Office
Ryan Serhant Opens Arizona Office, His First Outside of East Coast
Serhant, whose company operates in nine East Coast states, Continue Reading Ryan Serhant Opens Arizona Office, His First Outside of East Coast
A Phil Hall Op-Ed: Save the CDFI Fund from Trump’s Chopping Block
This federal entity has no history of fraud or waste. Continue Reading A Phil Hall Op-Ed: Save the CDFI Fund from Trump’s Chopping Block
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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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