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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 Payment Levels Down in August
The national median mortgage payment applied for by loan applicants decreased to $2,100 from $2,127 in August, according to data from the Mortgage Bankers Association (MBA). However, it was also up by $43 from one year ago, equal to a 2.1% increase. The national...
Mortgage Rates Inch Up Slightly
Mortgage rates inched up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.30% as of Sept. 25, up from last week when it averaged 6.26%. A year ago at this time, it averaged 6.08%. The...
Existing Home Sales Remain Flat
Existing home sales were mostly flat in August, dipping by a scant 0.2% from July to a seasonally adjusted annual rate of 4 million, according to the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.8%. Regionally, month-over-month...
NEWS & CURRENT EVENTS
Braemar Hotels & Resorts Has Put Itself Up for Sale
Braemar’s portfolio includes nine resort and five urban properties operated under multiple brands. Continue Reading Braemar Hotels & Resorts Has Put Itself Up for Sale
Century Communities Begins Home Sales at New Arizona Development
The site is also located near golf courses, Lake Havasu and the Colorado River. Continue Reading Century Communities Begins Home Sales at New Arizona Development
Knock Closes on $100 Million Securitization
The buy-before-you-sell real estate fintech Knock announced the successful close of its inaugural $100 million securitization. According to the Atlanta-based company, the $100 million bond issuance will be used exclusively to fund Knock’s Bridge Loan products. Cantor...
Acres.com Debuts Tool to Track Residential Market Growth
The tool can identify the people behind holding companies and shell entities involved in land deals. Continue Reading Acres.com Debuts Tool to Track Residential Market Growth
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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.
Mortgage Application Activity Up 11.2%
The VA share of total applications increased to 15.9% from 14.6% from the week before. Continue Reading Mortgage Application Activity Up 11.2%
Report: HUD to End Biden Program for Energy Efficiency Upgrades to Affordable Housing
The Green and Resilient Retrofit Program was passed by Congress in 2022. Continue Reading Report: HUD to End Biden Program for Energy Efficiency Upgrades to Affordable Housing
HUD Rejects Asheville Hurricane Relief Aid Plan Over DEI Criteria in Funds Disbursement
HUD Secretary Turner stated, “Once again, let me be clear DEI is dead at HUD.” Continue Reading HUD Rejects Asheville Hurricane Relief Aid Plan Over DEI Criteria in Funds Disbursement
Foreclosure Activity Up During February
Lenders started the foreclosure process on 22,730 residential properties in February. Continue Reading Foreclosure Activity Up During February
The Agency Launches Office in Nicaragua
The new office is The Agency’s second location in Central America. Continue Reading The Agency Launches Office in Nicaragua
The X Factor in Real Estate: Why Emotional Intelligence Generates 4X the Conversion
In the fast-paced world of real estate, market knowledge and business acumen have long been considered the pillars of success. But a quiet shift is taking place—one that recognizes an equally important factor: emotional intelligence (EQ). The ability to connect,...
A Phil Hall Op-Ed: Crypto Comes to Washington
The Trump administration is taking an aggressive new look at the viability of cryptocurrency. Continue Reading A Phil Hall Op-Ed: Crypto Comes to Washington
New Book Details Newsom’s Financial Backing by Pacific Gas & Electric
PG&E is a major donor to California’s Democratic politicians and has close ties to Newsom and his wife, filmmaker Jennifer Siebel Newsom. Continue Reading New Book Details Newsom’s Financial Backing by Pacific Gas & Electric
Mortgage Credit Availability at Highest Level in a Year
“Mortgage credit availability in February increased for the third consecutive month,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability at Highest Level in a Year
Ontario’s Fleming College to Roll Out Real Estate Learning Program
The program’s curriculum was developed by the Real Estate Council of Ontario. Continue Reading Ontario’s Fleming College to Roll Out Real Estate Learning Program
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