Featured Real Estate News
February New Home Purchase Mortgage Applications Up by 0.9%
Mortgage applications for new home purchases increased 0.9% year-over-year in February, according to data from the Mortgage Bankers Association (MBA). Compared to January, applications decreased by 1%. The MBA estimated new single-family home sales were running at a...
February New Home Purchase Mortgage Applications Up by 0.9%
Conventional loans composed 49.4 % of loan applications and FHA loans composed 35.3%. Continue Reading February New Home Purchase Mortgage Applications Up by 0.9%
Connecticut Freezes Property Tax Assessments on Farmland
Connecticut Gov. Lamont announced a freeze on property tax assessments for the state’s farms amid warnings that farmers would face severe tax hikes that would imperil their operations. In a letter to the state’s Office of Policy and Management, Lamont ordered the...
Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs
The Federal Home Loan Bank of Chicago (FHLBank Chicago) has launched the 2026 iteration of its Downpayment Plus and Downpayment Plus Advantage grant programs with a $28 million allocation to help income-eligible homebuyers across Illinois and Wisconsin. Working in...
Powell to Attend Supreme Court’s Oral Arguments for Lisa Cook Mortgage Fraud Case
Federal Reserve Chairman Jerome Powell is planning to attend Wednesday’s oral arguments before the US Supreme Court in the case of President Trump’s attempt to fire Fed Gov. Lisa Cook over allegations that she committed mortgage fraud. The Associated Press, sourcing...
News & Current Events
Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections
Judge David Jones said he was “satisfied” with Summit’s plan to mitigate the more than 6,500 housing code violations in Pinnacle’s portfolio. Continue Reading Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections
New York Stock Exchange Develops Tokenized Securities Platform
The platform will support trading of tokenized shares fungible with traditionally issued securities as well as tokens natively issued as digital securities. Continue Reading New York Stock Exchange Develops Tokenized Securities Platform
New Bipartisan Senate Bill Seeks to Fuel Housing Construction Near Transportation Hubs
The Build Housing, Unlock Benefits and Services (HUBS) Act is from Sens. John Curtis (R-UT) and Lisa Blunt Rochester (D-DE). Continue Reading New Bipartisan Senate Bill Seeks to Fuel Housing Construction Near Transportation Hubs
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Survey: 1 in 5 Americans Have Lived in a Storage Unit
The survey also found that 84% of Americans would consider sleeping in a storage unit if they became homeless. Continue Reading Survey: 1 in 5 Americans Have Lived in a Storage Unit
FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants
“We continue to make meaningful investments to address the affordable housing crisis across Arizona, California, and Nevada,” said Joseph E. Amato, interim president and CEO of FHLBank San Francisco. Continue Reading FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants
BMO Unveils Spanish-Language Mortgage Application
The application is available both digitally and in a paper format available at branches. Continue Reading BMO Unveils Spanish-Language Mortgage Application
Realtor.ca Canada Launches CEO Recruitment Process
Realtor.ca Canada is the nation’s largest multiple listings service platform. Continue Reading Realtor.ca Canada Launches CEO Recruitment Process
Citigroup to Create $16.1 Million Office Facility in Charlotte
The average salary for these new jobs will be $131,832. Continue Reading Citigroup to Create $16.1 Million Office Facility in Charlotte
Compass Acquires Colorado’s PorchLight Real Estate Group
Founded in 2005 by Amy Bayer and Carol Bayer, PorchLight serves the Denver and Boulder markets. Continue Reading Compass Acquires Colorado’s PorchLight Real Estate Group
Lawsuit Filed to Stop Public Funding for Cleveland Browns’ New Stadium
“Look, it wasn’t my choice of where to take the money,” said Gov. Mike DeWine. Continue Reading Lawsuit Filed to Stop Public Funding for Cleveland Browns’ New Stadium
HUD Enacts 90-Day Foreclosure Moratorium on FHA Mortgages in Texas Flood Region
“Our hearts break as we witness the catastrophe unfolding in Texas,” said HUD Secretary Turner. Continue Reading HUD Enacts 90-Day Foreclosure Moratorium on FHA Mortgages in Texas Flood Region
A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans
The FHFA director’s announcement on the use of VantageScore 4.0 might come with a few problems. Continue Reading A Phil Hall Op-Ed: A Few Problems with Pulte’s Credit Scoring Plans