Featured Real Estate News
FHFA and GSEs to Cease Using Anthropic’s AI Products
The Federal Housing Finance Agency (FHFA), Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) will phase out their use of the artificial intelligence products offered by Anthropic. In a post to his personal X account, FHFA Director Bill Pulte announced, “U.S....
FHFA and GSEs to Cease Using Anthropic’s AI Products
President Trump gave all federal agencies up to six months to phase out their use of the company’s products. Continue Reading FHFA and GSEs to Cease Using Anthropic’s AI Products
Fed Cuts Rates by Quarter Point
The Federal Reserve has lowered the target range for the federal funds rate by a quarter-percentage point to 3.5% to 3.75%. The decision by the central bank’s policy making Federal Open Market Committee had three of the 12 committee members dissenting – Stephen I....
Mid-Atlantic Region Home Sales Down in November
Closed sales across the Mid-Atlantic region services by Bright MLS were down 4.6% year-over-year in November while new pending sales were 1.6% lower over the same period. The number of new listings coming onto the market last month was 4.4% lower compared to November...
eXp Announces Additions to C-Suite
eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), announced leadership changes with the promotion of Carrie Lysenko to chief technology officer and Holly Mabery to the newly created role of chief brokerage officer. Lysenko was previously CEO of...
News & Current Events
The Agency Expands in Texas with New Office in Waco
The Agency Waco will be led by Managing Partners Amanda Cunningham and Matthew Cunningham. Continue Reading The Agency Expands in Texas with New Office in Waco
Houston Nonprofit Leader Arrested for Running Fraudulent Rental Housing Scheme
Rosemary Tucker, who operates “Hoodies 4 Healing,” was arrested last week after a months-long investigation by the Houston Police Department’s Major Offenders Division. Continue Reading Houston Nonprofit Leader Arrested for Running Fraudulent Rental Housing Scheme
Mortgage Application Activity Up by Nearly 5%
The FHA share of total applications increased to 20.2% from 18.3% the week prior. Continue Reading Mortgage Application Activity Up by Nearly 5%
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Exclusive News
FEMA Launches Flood Insurance Premium Quoting Tool
. FEMA noted that 40% of NFIP flood insurance claims occur outside high hazard areas. Continue Reading FEMA Launches Flood Insurance Premium Quoting Tool
A Phil Hall Op-Ed: Are GNC Stores Giving Servicemember Data to the Chinese Government?
Why is freshman Rep. Pat Harrington raising concerns over GNC stores on US military bases? Continue Reading A Phil Hall Op-Ed: Are GNC Stores Giving Servicemember Data to the Chinese Government?
Father-Son Duo Indicted for Fraud in Bond Offerings Tied to Sports Complex
Legacy Park opened in January 2022, but within months it failed to generate enough revenue to make the monthly bond payments. Continue Reading Father-Son Duo Indicted for Fraud in Bond Offerings Tied to Sports Complex
Knightvest Capital Names Madison Tappan Chief Investment Officer
Tappan will oversee Knightvest’s acquisition strategy and lead efforts to expand the firm’s multifamily portfolio in key Sun Belt markets. Continue Reading Knightvest Capital Names Madison Tappan Chief Investment Officer
KeyBank Debuts Grant Program for Community Development Financial Institutions
The KeyBank Foundation intends to award one $200,000 grant to an exemplary CDFI in each of the bank’s 27 markets. Continue Reading KeyBank Debuts Grant Program for Community Development Financial Institutions
Former Kraken Executives Buy Majority Stake in Janover
Janover’s founder Blake Janover will remain on the board. Continue Reading Former Kraken Executives Buy Majority Stake in Janover
New Advocacy Campaign Aims to Highlight Housing Issues During Canada’s Election
“We’ve come together as a coalition with a plan to protect Canadians and build a resilient housing system,” said Tim Richter, president of the Canadian Alliance to End Homelessness. Continue Reading New Advocacy Campaign Aims to Highlight Housing Issues During Canada’s Election
Nine Big Lots Stores to Reopen This Week
The reopened stores include three locations in Tennessee and single locations across Kentucky, Louisiana, Mississippi and North Carolina. Continue Reading Nine Big Lots Stores to Reopen This Week
The BW, Los Angeles Apartment Complex, Sells for $58.1 Million
The property was completed and offers a mix of studios, one-, two- and three-bedroom units. Continue Reading The BW, Los Angeles Apartment Complex, Sells for $58.1 Million