Featured Real Estate News
Ryan Griffin Named President at Home Run Financing
Home Run Financing, a Los Gatos, California-based provider of residential Property Assessed Clean Energy (PACE) financing, announced the promotion of Ryan Griffin to president. Griffin joined Home Run Financing in 2019 as vice president of compliance and corporate...
Ryan Griffin Named President at Home Run Financing
Griffin joined Home Run Financing in 2019 as vice president of compliance and corporate counsel. Continue Reading Ryan Griffin Named President at Home Run Financing
Fannie Mae to Back New Crypto-Backed Mortgages
Better Home & Finance Holding Company (NASDAQ: BETR), and Coinbase (NASDAQ: COIN) have partnered on the introduction of cryptocurrency-backed mortgages that will be backed by Fannie Mae (OTCQB: FNMA). The new mortgages will be originated and serviced by Better,...
FHFA’s Pulte Files New Criminal Referrals Against NY AG Letitia James
Federal Housing Finance Agency (FHFA) Director Bill Pulte has filed new criminal referrals accusing New York Attorney General Letitia James of mortgage fraud. CBS News reports Pulte sent a letter to Florida prosecutors claiming James could have submitted false...
DC Office Building Sold for $24 Million, Will Become Rental Housing
The General Services Administration (GSA) is selling a 940,000-square-foot office building in Washington, DC, to a housing developer for $24 million. The Wall Street Journal reports Dalian Development plans to transform the vacant GSA Regional Office Building near...
News & Current Events
RE/MAX in $8.5 Million Settlement of Batton Lawsuit
The settlement does not require the company to admit liability. Continue Reading RE/MAX in $8.5 Million Settlement of Batton Lawsuit
Better Names Former Fannie Mae CEO Hugh Frater as Director
“He’s exactly the kind of leader you want in the room when you’re rebuilding housing finance,” said Vishal Garg, CEO and founder of Better. Continue Reading Better Names Former Fannie Mae CEO Hugh Frater as Director
Landmark Properties Expands into Senior Housing Sector
Landmark will pursue both ground-up development and acquisition opportunities through partnerships. Continue Reading Landmark Properties Expands into Senior Housing Sector
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New CTO at Boxabl
Palaniappan was most recently senior vice president of engineering at Sagent, a mortgage and consumer fintech. Continue Reading New CTO at Boxabl
Yamaha Motor Co. to Relocate US HQ from California to Georgia
Yamaha acquired the land in Cypress for its US headquarters in 1978 and established its office in 1979. Continue Reading Yamaha Motor Co. to Relocate US HQ from California to Georgia
Cavan Companies Plans Third Build-to-Rent Community in Omaha Metro Area
Construction is expected to begin in May on a site encompassing approximately 16 acres. Continue Reading Cavan Companies Plans Third Build-to-Rent Community in Omaha Metro Area
R-Zero’s Expands Availability of Commercial Real Estate Energy Savings Tool Prospector AI
Prospector AI premiered exclusively in New York City last December. Continue Reading R-Zero’s Expands Availability of Commercial Real Estate Energy Savings Tool Prospector AI
Mortgage Credit Availability Improved in February
“Most of last month’s supply growth was in loan programs that allowed for cash-out refinance and on investor homes,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved in February
Existing Home Sales Up by 1.7% in February
The median existing home price for all housing types in February was $398,000, up by 0.3% from one year ago ($396,800). Continue Reading Existing Home Sales Up by 1.7% in February
Toll Brothers Opens New Luxury Community in Pennsylvania
Homes are priced from the mid-$900,000s. Continue Reading Toll Brothers Opens New Luxury Community in Pennsylvania
PennyMac Debuts Non-QM Product Suite
The new products are designed to “help TPO partners solve complex borrower scenarios, expand their addressable market, and close more loans.” Continue Reading PennyMac Debuts Non-QM Product Suite
Tennesee Realtor Indicted on Child Exploitation and Unlawful Photography Charges
Justin Holder has been the subject of a probe conducted by the Tennessee Bureau of Investigation since last May. Continue Reading Tennesee Realtor Indicted on Child Exploitation and Unlawful Photography Charges