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Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
There has been no official announcement from Fannie Mae on the relocation. Continue Reading Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
There has been no official announcement from Fannie Mae on the relocation. Continue Reading Sen. Tuberville Announces Fannie Mae is Moving its San Francisco Office to Alabama
Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Deephaven Mortgage, a Charlotte, North Carolina-headquartered non-QM lender, has launched its Equity Advantage HELOC product that includes an option for self-employed borrowers to qualify based on 12 months of personal or business bank statements in lieu of tax...
Mortgage Rates Drop for Second Straight Week
Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.19% as of Dec. 4, down from last week when it averaged 6.23%. A year ago at this time, it...
US Institute of Peace HQ in Washington Renamed for Trump
In what might be a first in US history, an incumbent president has a building in the nation’s capital named after him. The Washington Post reports the headquarters of the US Institute of Peace (USIP) has the name “Donald J. Trump” attached to its façade. An unnamed...
NEWS & CURRENT EVENTS
Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
As of October, Florida home values were down about 3% from the same month in 2022. Continue Reading Data Analysis Warns of Havoc in DeSantis Plan to End Florida Property Taxes
Former Realtors Association Executive Arrested on 45 Embezzlement Counts
Shauna Marie Love was executive officer of California’s Tuolumne County Association of Realtors. Continue Reading Former Realtors Association Executive Arrested on 45 Embezzlement Counts
Iowa Governor Says She’s Considering Property Tax Freeze for Seniors
“We have to see what the numbers look like,” said Gov. Kim Reynolds. Continue Reading Iowa Governor Says She’s Considering Property Tax Freeze for Seniors
Bayview Asset Management Completes $1.3 Billion Acquisition of Guild Holdings
Guild will operate as a privately held independent entity of the MSR Fund, which also owns Lakeview Loan Servicing. Continue Reading Bayview Asset Management Completes $1.3 Billion Acquisition of Guild Holdings
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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.
Knock Rolls Out New Bridge Loan Plus
The product supports a variety of loan programs, including VA loans, and carries a one-time 2.25% fee Continue Reading Knock Rolls Out New Bridge Loan Plus
Share of First-Time Homebuyers at Record Low
NAR determined the median time in the home before selling was 11 years, an all-time high. Continue Reading Share of First-Time Homebuyers at Record Low
HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Turner added the American people were “depending on us.” Continue Reading HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
This is the first purchase for Advanced’s new Opportunity Fund (Advanced Fund 24-3). Continue Reading Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
NewDay USA said this new product will allow veterans to “compete like cash buyers and close in as few as 15 days.” Continue Reading NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
JLL Capital Markets Secures $565 Million Construction Financing for New Miami Luxury Condo Tower
As of last month, The Residences at 1428 is 57% presold. Continue Reading JLL Capital Markets Secures $565 Million Construction Financing for New Miami Luxury Condo Tower
MCB Real Estate Makes New Acquisition Offer for Whitestone REIT
Whitestone did not immediately issue a public comment on the offer. Continue Reading MCB Real Estate Makes New Acquisition Offer for Whitestone REIT
LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
The property’s last owner was financier Gary Winnick, who acquired it in 2000 for $94 million. Continue Reading LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
CMBS Delinquency Rate Surges to 7.46%
“All five of the major property types saw increases in their respective delinquency rates,” said Vivek Denkanikotte, research associate. Continue Reading CMBS Delinquency Rate Surges to 7.46%
DC-Area Brokerage Reverie Residential Expands to Southern New Hampshire
The brokerage has focused on the District of Columbia, Northern Virginia, and Maryland since 2011. Continue Reading DC-Area Brokerage Reverie Residential Expands to Southern New Hampshire
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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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