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NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Ken Yiu faces up to 30 years in prison and a maximum fine of $1 million for the mortgage fraud count and 20 years in prison and a maximum fine of $500,000 for the drug count. Continue Reading NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Ken Yiu faces up to 30 years in prison and a maximum fine of $1 million for the mortgage fraud count and 20 years in prison and a maximum fine of $500,000 for the drug count. Continue Reading NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Flyhomes to Close Real Estate Brokerage, Focus on Wholesale Lending
Bellevue, Washington-based Flyhomes has announced it is leaving the real estate brokerage business to focus exclusively on distributing its flagship Buy Before You Sell products through wholesale channels. The company announced it will transition its real estate...
Former Fed and Treasury Leaders File Amicus Brief Backing Lisa Cook
A bipartisan collection of former Federal Reserve chairpersons, Treasury Secretaries and White House economists have filed an amicus brief with the US Supreme Court asking that Lisa Cook remain as a Federal Reserve governor while she fights the White House's effort to...
New Soccer Stadium Planned for Reno
The United Soccer League (USL) and Reno Pro Soccer have announced plans to build a stadium at the site of a former auto dealership in Reno, Nevada. Nevada Sportsnet reports recently acquired the former Jones West Ford site for $16 million and plans to develop the...
NEWS & CURRENT EVENTS
FHFA’s Pulte Accuses Federal Reserve Governor of Mortgage Fraud
Pulte said “the DOJ should go wherever the facts may lead them.” Continue Reading FHFA’s Pulte Accuses Federal Reserve Governor of Mortgage Fraud
Sen. Adam Schiff Launches Legal Defense Fund to Combat Mortgage Fraud Allegations
Last month, President Trump accused Schiff of mortgage fraud while the lawmaker was a member of the House of Representatives. Continue Reading Sen. Adam Schiff Launches Legal Defense Fund to Combat Mortgage Fraud Allegations
Mortgage Application Activity Down Slightly
Among the federal program, the FHA share of total applications increased to 19.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Down Slightly
The Best Housing Markets? Two New Data Reports Offer Different Opinions
Realtor.com and WalletHub offer rival data reports. Continue Reading The Best Housing Markets? Two New Data Reports Offer Different Opinions
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Miami’s OnePath Realty Joins eXp Network
OnePath Realty encompasses 102 agents, eight staff members, and $1.77 billion in closed sales across 3,131 units since 2018. Continue Reading Miami’s OnePath Realty Joins eXp Network
CBRE Coordinates Sale of 3 Pennsylvania Retail Properties for $14.7 Million
This marked the second time CBRE listed, sold, and closed on these properties. Continue Reading CBRE Coordinates Sale of 3 Pennsylvania Retail Properties for $14.7 Million
New Wildfire Breaks Out in Los Angeles County
An evacuation warning was issued for parts of the exclusive communities of Bel-Air and Brentwood. Continue Reading New Wildfire Breaks Out in Los Angeles County
Keller Williams’ Mark Willis Trades CEO Role for Chief Leadership Officer
Willis resumed the leadership positions in November 2023. Continue Reading Keller Williams’ Mark Willis Trades CEO Role for Chief Leadership Officer
Report: Renters Need to Earn $63,680 to Afford a Typical Apartment
Among the nation’s 44 major metros, the Texas capital of Austin was identified by Redfin as the most affordable. Continue Reading Report: Renters Need to Earn $63,680 to Afford a Typical Apartment
CFPB Announces Receipt of 10 Millionth Consumer Complaint
The CFPB was launched in 2011. Continue Reading CFPB Announces Receipt of 10 Millionth Consumer Complaint
Rocket Companies Debuts Rocket.com as One-Stop Platform for Homebuyers
Rocket.com will combine home search, financing and servicing needs into a single platform. Continue Reading Rocket Companies Debuts Rocket.com as One-Stop Platform for Homebuyers
American Real Estate Association Establishes First Local Chapter
NYRAC promotes itself on its website as an advocate for the “fundamental improvements in how we conduct business.” Continue Reading American Real Estate Association Establishes First Local Chapter
Mortgage Application Activity is Dull, Forbearance Levels Drop
“Almost 43% of borrowers in forbearance were there due to a natural disaster,” said MBA’s Marina Walsh. Continue Reading Mortgage Application Activity is Dull, Forbearance Levels Drop
Virginia Man Pleads Guilty in $1.3 Million Title Fraud Case
Estes pleaded guilty to conspiring to commit wire fraud, wire fraud, mail fraud, bank fraud and filing false claims against the US. Continue Reading Virginia Man Pleads Guilty in $1.3 Million Title Fraud Case
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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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