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Senate Democrats Seek GAO Probe of Pulte’s Handling of Mortgage Fraud Referrals
Pulte has not publicly commented on the increased attention given to his actions. Continue Reading Senate Democrats Seek GAO Probe of Pulte’s Handling of Mortgage Fraud Referrals
Senate Democrats Seek GAO Probe of Pulte’s Handling of Mortgage Fraud Referrals
Pulte has not publicly commented on the increased attention given to his actions. Continue Reading Senate Democrats Seek GAO Probe of Pulte’s Handling of Mortgage Fraud Referrals
Trump Seeks Appeals Court to Enable Firing of Lisa Cook by Monday
The Trump administration is seeking to have an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday. The Associated Press reports the administration’s request is an attempt to exclude Cook from the central bank’s next vote on...
Commercial Mortgage Delinquencies Up During Q2
Commercial mortgage delinquencies were on the rise during the second quarter, according to data from the Mortgage Bankers Association (MBA). Based on the unpaid principal balance of loans, the MBA reported the following second quarter delinquency rates based on...
Michigan Credit Union Offers Mortgages at 4.99% Rate
A Michigan credit union is seeking to attract new home loan borrowers by offering 30-year fixed-rate mortgages at a 4.99% rate. The Detroit Free Press reports Michigan Legacy Credit Union — which has branches in Wyandotte, Warren, Pontiac, Highland Township and Flat...
NEWS & CURRENT EVENTS
Financial Services Software Provider MeridianLink Sold for $2 Billion
Upon closing of the transaction, MeridianLink will become a private company. Continue Reading Financial Services Software Provider MeridianLink Sold for $2 Billion
Trump Hints at Merged Fannie-Freddie with November Listing on NYSE
Trump has recently met at the White House with several chief executives at major banks to discuss strategies for the privatization of Fannie Mae and Freddie Mac. Continue Reading Trump Hints at Merged Fannie-Freddie with November Listing on NYSE
Report: Cash-Out Refinances Fuels Most Refinancing Activity
The report also found tappable equity hit another record high during the second quarter. Continue Reading Report: Cash-Out Refinances Fuels Most Refinancing Activity
Cindy Konich to Retire as Chief Executive at FHLBank Indianapolis
The bank’s board of directors has named Brendan McGrath as her successor, effective Oct. 1. Continue Reading Cindy Konich to Retire as Chief Executive at FHLBank Indianapolis
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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.
Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores
All the merchandise in the stores is on sale at up to 40% off. Continue Reading Bargain Hunt Begins Going-Out-of-Business Sales at All 92 Stores
Mortgage Application Activity Heats Up
The refinance share of mortgage activity increased to 39.0% of total applications from 37.1% the previous week. Continue Reading Mortgage Application Activity Heats Up
Historic Virginia Estate Sells for $20 Million After 8 Years on the Market
The property was first listed for $33 million in March 2017. Continue Reading Historic Virginia Estate Sells for $20 Million After 8 Years on the Market
Rhino Investments Acquires Albuquerque Shopping Center
The financial aspects of the transaction were not disclosed. Continue Reading Rhino Investments Acquires Albuquerque Shopping Center
Elon Musk’s DOGE Terminates Leases on 22 Federal Properties
The locations of the buildings where the leases were terminated were not disclosed. Continue Reading Elon Musk’s DOGE Terminates Leases on 22 Federal Properties
Did Luka Doncic Buy a $15 Million Home Before He Was Traded?
Doncic did not comment on the real estate aspect of his trade from Dallas. Continue Reading Did Luka Doncic Buy a $15 Million Home Before He Was Traded?
State Farm Seeks 22% Emergency Interim Rate Hike in California
The California Insurance Commission said the request raised “serious questions about its financial condition.” Continue Reading State Farm Seeks 22% Emergency Interim Rate Hike in California
Ground Broken for 576-Unit Multifamily Community in Sacramento
The development is part of the larger Delta Shores master-planned community. Continue Reading Ground Broken for 576-Unit Multifamily Community in Sacramento
Study: Average Q4 Buyer’s Agent Commission Was 2.37%
The average buyer’s agent commission was 2.17% for homes that sold for $1 million or more. Continue Reading Study: Average Q4 Buyer’s Agent Commission Was 2.37%
A Phil Hall Op-Ed: Will Climate Change Erase $1.5 Trillion in Home Values by 2055?
Editor Phil Hall opines about a new report that predicts weather and housing market trends 30 years from now. Continue Reading A Phil Hall Op-Ed: Will Climate Change Erase $1.5 Trillion in Home Values by 2055?
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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