Featured Real Estate News
HUD and FHFA Update Credit Scoring Models
The Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) have announced the first major update to their respective credit scoring models in decades. HUD is now enabling the Federal Housing Administration (FHA) to use of...
HUD and FHFA Update Credit Scoring Models
Mortgage Bankers Association President and CEO Bob Broeksmit said this was “an important next step in modernizing the credit scoring framework.” Continue Reading HUD and FHFA Update Credit Scoring Models
Social Media Influencer Sentenced for Running Real Estate Fraud Scheme
Tyler Bossetti, an influencer based in Columbus, Ohio, who used his social media prominence to highlight his property flipping business, was sentenced to 72 months in prison for coordinating a $20 million real estate Ponzi scheme and committing tax fraud to further...
Mortgage Rates Decline for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.30% as of April 16, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTGCQB: FMCC). This is down from last week when it averaged 6.37% and is the second consecutive week of a declining rate. A...
Q1 Foreclosure Filings Up 26% From Last Year
A total of 118,727 residential properties had a foreclosure filing during the first quarter of this year, according to data from ATTOM. That figure is up by 6% from the previous quarter and up by 26% from one year ago. One in every 1,211 housing units had a...
News & Current Events
Mark Zuckerberg’s $170 Million Mansion Deal Tops List of Most Expensive Home Sales in March
Seven of March’s 10 most expensive home sales were in coastal Florida. Continue Reading Mark Zuckerberg’s $170 Million Mansion Deal Tops List of Most Expensive Home Sales in March
The City with the Most Affordable Rent Is…
Miami ranked last among the more than 180 cites analyzed in the new WalletHub study. Continue Reading The City with the Most Affordable Rent Is…
Quebec Q1 Home Sales Down 2% Year-Over-Year
The median price of single-family homes reached $511,850, up 6% from the previous year. Continue Reading Quebec Q1 Home Sales Down 2% Year-Over-Year
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Partnership Between loanDepot and Betenbough Companies Creates New Mortgage Lender
Betenbough Companies is the parent of Betenbough Homes, which has Texas-based operations in Amarillo, Lubbock, Midland, and Odessa. Continue Reading Partnership Between loanDepot and Betenbough Companies Creates New Mortgage Lender
Sen. Warren Accuses 14 Corporations of Predatory Rental Housing Practices
She set an April 8 deadline for a response. Continue Reading Sen. Warren Accuses 14 Corporations of Predatory Rental Housing Practices
Gov. Newsom Issues Warnings to 15 Localities for Noncompliance on Affordable Housing Access
California Gov. Gavin Newsom has put forth final warnings to 15 cities and counties that have yet to acquiesce to his administration’s demands on affordable housing access. The 15 communities that received notice today remain more than two years behind schedule and...
Report: UK Seizes $108 Million in London Property Bought by Chinese Fugitive
Su Jiabong used a “golden passport” issued by the Caribbean nation of St. Kitts and Nevis to create UK companies that acquired at least 85 residential properties between September 2023 and June 2025 Continue Reading Report: UK Seizes $108 Million in London Property Bought by Chinese Fugitive
Realtor.com Debuts App in ChatGPT
The app is available beginning today. Continue Reading Realtor.com Debuts App in ChatGPT
Hits and Misses for the Real Estate Week of March 23-27
Mortgage rates on the rise, Habitat for Humanity turns 50, and a new TV series help seniors consider housing options. Continue Reading Hits and Misses for the Real Estate Week of March 23-27
Dallas-Based Onyx Realty Group Joins The Real Brokerage
Over the past four years, the team has closed more than 1,250 home sales totaling $490 million. Continue Reading Dallas-Based Onyx Realty Group Joins The Real Brokerage
Douglas Elliman Launches Yacht Advisory Division
The new division offers yacht acquisition advisory, brokerage services and bespoke yacht charters globally through its strategic relationship with Royal Yacht International. Continue Reading Douglas Elliman Launches Yacht Advisory Division
Thor Equities Acquires Historic NYC Mixed-Use Property for $56 Million
Thor Equities, a real estate development, leasing, and asset management firm, announced its acquisition of 1165 Broadway, a 58,000-square-foot, mixed-use office and retail property in New York City, for $56 Million. Located in Manhattan’s NoMad District, the property...