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Convicted Florida Felon Pleads Guilty in $50 Million Real Estate Investment Fraud Scheme
A convicted Florida felon pleaded guilty to running a real estate investment fraud scheme that raised more than $50 million. Jean Joseph, also known as “Jon,” of Boca Raton, pleaded guilty to conspiracy to commit money laundering. His co-defendant, Janalie Camille...
Convicted Florida Felon Pleads Guilty in $50 Million Real Estate Investment Fraud Scheme
Jean Joseph, also known as “Jon,” of Boca Raton, pleaded guilty to conspiracy to commit money laundering. Continue Reading Convicted Florida Felon Pleads Guilty in $50 Million Real Estate Investment Fraud Scheme
Mortgage Delinquency Rate Inches Up to 3.72%
The national mortgage delinquency rate rose by 7 basis points (bps) in February to 3.72%, driven by a 4% seasonal rise in early (30-day) delinquencies and a 3% rise in seriously delinquent (90-plus day) loans. According to data from Intercontinental Exchange Inc....
Appreciation Homes LLC Debuts Direct Title Security, an Investment Vehicle Aimed at SFR Properties
Dallas-headquartered Appreciation Homes LLC has rolled out its Direct Title Security (DTS) offering, an investment vehicle designed to provide accredited investors with direct ownership of single-family rental (SFR) properties while maintaining the income profile of...
Nautilus 220, Luxury Mixed-Use Development, Opens in Florida’s Palm Beach County
Forest Development and Royal Palm Companies announced the grand opening of Nautilus 220, a luxury mixed-use waterfront destination along the Lake Park Harbor Marina in Florida's Palm Beach County. Encompassing 1.15-million square feet, Nautilus 220 features 330...
News & Current Events
NYC Mayor Mamdani Launches Expedited Process to Approve Affordable Housing on City-Owned Land
The city’s Department of Housing and Preservation Development will pre-qualify affordable housing builders and shorten the pre-development RFP process by eight months for certain projects, Continue Reading NYC Mayor Mamdani Launches Expedited Process to Approve Affordable Housing on City-Owned Land
Sen. Hawley Begins Investigation into FICO’s Mortgage Credit Score Pricing
“An 88% operating margin and a compound annual growth rate of 100% in per-score pricing over five years are not hallmarks of a competitive market,” the senator said. Continue Reading Sen. Hawley Begins Investigation into FICO’s Mortgage Credit Score Pricing
Chicago Housing Authority Commissioner Accused of Section 8 Voucher Fraud
The investigation concluded that Debra Parker owes the CHA more than $12,000 from her failure to properly report income and household composition. Continue Reading Chicago Housing Authority Commissioner Accused of Section 8 Voucher Fraud
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Electricity Generation Reaches Record High in 2025
Last year, the nation generated 4.43 terawatt hours (TWh) of electricity. Continue Reading Electricity Generation Reaches Record High in 2025
Miami Real Estate Developer Indicted for $85 Million Fraud Scheme
The US Securities and Exchange Commission also filed a separate civil action against Rishi Kapoor. Continue Reading Miami Real Estate Developer Indicted for $85 Million Fraud Scheme
Report: Home Relistings Surged in January
California’s Bay Area recorded the highest share of relistings. Continue Reading Report: Home Relistings Surged in January
Mattamy Homes Acquires 76-Acre South Carolina Site for New Community
Site work for Williams Reserve is expected to begin in late summer. Continue Reading Mattamy Homes Acquires 76-Acre South Carolina Site for New Community
Arizona Man Fined $10,000 for Real Estate Investment Scam
Dean Douglas Odle and MCM AF Assets LLC, doing business as Milan Capital, violated the Arizona Securities Act. Continue Reading Arizona Man Fined $10,000 for Real Estate Investment Scam
Demolition Begins at Boston’s Historic Matthews Arena
Over the years, it served as the original home of the NHL’s Boston Bruins and the NBA’s Boston Celtics. Continue Reading Demolition Begins at Boston’s Historic Matthews Arena
British Real Estate Investor Seeks to Restore Closed UK Churches
Samuel Leeds stated that he made a £250,000 offer to purchase the former Darlaston Methodist Church in Wednesbury, England. Continue Reading British Real Estate Investor Seeks to Restore Closed UK Churches
Hits and Misses for the Real Estate Week of March 2-6
A Maine village is listed for sale, a Chicago stadium controversy that doesn’t involve the Bears, and was a Florida man kidnapped by dolphins and forced to build an underwater multifamily property made of coral? Continue Reading Hits and Misses for the Real Estate Week of March 2-6
Eddie Bauer’s North American Stores to Shut Down
Gift cards and rewards earned through Eddie Bauer’s Adventure Points program will no longer be accepted after March 12. Continue Reading Eddie Bauer’s North American Stores to Shut Down