Featured Real Estate News
PennyMac Debuts Non-QM Product Suite
PennyMac Financial Services Inc. (NYSE: PFSI) has launched a suite of non-qualified mortgage (Non-QM) products in its third party origination (TPO) division. According to the Westlake Village, California-based company, the new products are designed to “help TPO...
PennyMac Debuts Non-QM Product Suite
The new products are designed to “help TPO partners solve complex borrower scenarios, expand their addressable market, and close more loans.” Continue Reading PennyMac Debuts Non-QM Product Suite
New Board Chairman Appointed at QuadReal Property Group
QuadReal Property Group, the Vancouver-headquartered real estate investment, development and operating company, announced the appointment of R. Scott Hutcheson as its new board chairman. Hutcheson, who joined the board in September 2023, is the executive chairman of...
Hits and Misses for the Real Estate Week of Dec. 8-12
Homebuyers not shopping for the best mortgages, foreclosure levels on the rise, and Zohran Mamdani’s very un-socialist new home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 8-12. Miss: A Missed Opportunity. A new...
Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
Sen. Tommy Tuberville (R-AL) announced that he is working with President Trump and Federal Housing Finance Agency Director Bill Pulte to relocate Fannie Mae’s San Francisco office to Alabama. WBRC reports Tuberville made the announcement on his social media pages,...
News & Current Events
Canadian Rental Housing Vacancy Rate at 3.1%
Toronto’s purpose-built apartment vacancy rate hit 3% for the first time since the pandemic. Continue Reading Canadian Rental Housing Vacancy Rate at 3.1%
Flournoy Development Group to Launch Apartment-Townhome Community in Georgia
A new thoroughfare is planned to run directly from the community into downtown Villa Rica. Continue Reading Flournoy Development Group to Launch Apartment-Townhome Community in Georgia
MBA Chief Supports Trump Executive Order on AI
“Technology does not stop at a state border,” said MBA’s Bob Broeksmit. Continue Reading MBA Chief Supports Trump Executive Order on AI
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CFPB Seeks to Vacate Redlining Settlement with Townstone Financial
The CFPB is seeking to return the $105,000 settlement funds to the company. Continue Reading CFPB Seeks to Vacate Redlining Settlement with Townstone Financial
Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants
“There will be no more illegal aliens getting HUD-backed home loans,” said Secretary Turner. Continue Reading Residency Requirements Changed on FHA-Insured Mortgages to Shut Out Illegal Immigrants
Homeownership Expenses Consume One-Third of National Average Wage
Nationwide, the typical $2,021 cost of mortgage payments, homeowner insurance, mortgage insurance and property taxes is down 0.7% quarterly. Continue Reading Homeownership Expenses Consume One-Third of National Average Wage
Weichert Opens First International Office in Portugal
The Portuguese brokerage will operate under the new name HomeLovers – Weichert. Continue Reading Weichert Opens First International Office in Portugal
Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law
The bill passed unanimously in both houses of the legislature. Continue Reading Idaho’s Gov. Little Signs $100 Million Property Tax Cut into Law
Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
MV Realty is permanently banned from doing business in Minnesota. Continue Reading Minnesota in Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
Maine Home Sales up 6.51%
A total of 753 home sales were closed in Maine last month, a 6.51% increase from the 707 sales transacted in February 2024. According to data from the Main Association of Realtors, the statewide median sales price for those sales was $381,500, a 9% jump from the...
Andrew Cuomo’s NYC Mayoral Bid Attracts Wealthy Real Estate Donors
Cuomo resigned as New York governor in 2020 amid sexual harassment allegations. Continue Reading Andrew Cuomo’s NYC Mayoral Bid Attracts Wealthy Real Estate Donors
Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70
He served as director of capital programs for the District of Columbia Housing Authority. Continue Reading Stephen M. Green, EVP/CIO at NHP Foundation, Dies at 70


































