Featured Real Estate News
Brad Bazley Joins Perform Properties as Chief Technology Officer
Perform Properties, a Blackstone Real Estate portfolio company focused on high-performing retail and office properties, announced the appointment of Brad Bazley as senior vice president and chief technology officer. In his new role, Bazley will spearhead the company’s...
Brad Bazley Joins Perform Properties as Chief Technology Officer
Bazley comes to Perform from Internet Brands, where he served as vice president and chief information officer. Continue Reading Brad Bazley Joins Perform Properties as Chief Technology Officer
MISMO Names Amy Moses as VP of Strategic Growth
MISMO, the real estate finance industry's standards organization, has hired Amy Moses as vice president of strategic growth. In this role, Moses will lead MISMO’s growth and revenue strategy, drive expanded industry engagement, and cultivate strategic partnerships...
UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
UWM Holdings Corporation (NYSE: UWMC), the parent of United Wholesale Mortgage (UWM), is acquiring Two Harbors Investment Corp. (NYSE: TWO), a real estate investment trust, in an all-stock transaction for $1.3 billion. Two Harbors is one of the nation’s largest...
Mortgage Application Activity Down by Nearly 4%
Mortgage application activity slowed during the week ending Dec. 12, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 3.8% on a seasonally adjusted basis from...
News & Current Events
Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
Vermont Governor Seeks to Use State Surplus Revenue to Cut Proposed Property Tax Hike
Vermont Gov. Phil Scott is seeking to use surplus state funds to reduce a projected 12% property tax hike slated for 2026, but the Republican governor is getting pushback from some Democratic legislators over his plan. Vermont Public reports Scott’s administration...
Brazil to Conduct Real Estate Auction Using Blockchain Technology
The Brazilian auction market has been disrupted with altered documents, fake websites, and inconsistent public records. Continue Reading Brazil to Conduct Real Estate Auction Using Blockchain Technology
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Exclusive News
California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors
The bill was inspired by the mortgage forbearance aspects of the Covid-era CARES Act. Continue Reading California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors
Report: CFPB Staff to Begin Receiving Termination Notices
Sen. Elizabeth Warren vowed to stop the layoffs. Continue Reading Report: CFPB Staff to Begin Receiving Termination Notices
California Home Sales Softened During March
The March statewide median price was $884,350. Continue Reading California Home Sales Softened During March
Report: Trump Planning to Overhaul Section 8 Voucher Program
The overhaul proposal could be part of President Trump’s 2026 fiscal year budget. Continue Reading Report: Trump Planning to Overhaul Section 8 Voucher Program
NWMLS Suspends Compass’ IDX Feed
“The MLS shouldn’t be able to dictate how homeowners sell their home,” said Compass CEO Robert Reffkin. Continue Reading NWMLS Suspends Compass’ IDX Feed
NAHREP: Housing Market ‘Threatened’ by Private Listings
NAHREP called for “the force of law” to ensure fair access to property information. Continue Reading NAHREP: Housing Market ‘Threatened’ by Private Listings
Bill Cosby Lists NYC Townhouse in Foreclosure Battle for $7 Million
A New York City townhouse owned by disgraced comedian Bill Cosby has been listed for $7 million, even though the property is at the center of a foreclosure fight. The New York Post reports Cosby put the four-story, 5,000-square-foot property on the market four months...
Josh Pristaw Named President at Clarion Partners
Pritsaw joins Clarion from the investment firm Pretium, where he served as senior managing director. Continue Reading Josh Pristaw Named President at Clarion Partners
Mortgage Rates Take an Upswing
The 30-year fixed-rate mortgage averaged 6.83% as of April 17, up from last week when it averaged 6.62%. Continue Reading Mortgage Rates Take an Upswing