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FHFA Gives Green Light for Use of FICO 10T Score Data
FICO announced the news in a corporate blog post; the FHFA has yet to make a formal announcement. Continue Reading FHFA Gives Green Light for Use of FICO 10T Score Data
FHFA Gives Green Light for Use of FICO 10T Score Data
FICO announced the news in a corporate blog post; the FHFA has yet to make a formal announcement. Continue Reading FHFA Gives Green Light for Use of FICO 10T Score Data
Senate Democrats Urge FHFA’s Pulte to Focus on Lowering Housing Costs
A trio Senate Democrats sent a letter to Bill Pulte, director of the Federal Housing Finance Agency (FHFA), to using his position for political machinations and to focus on lowering housing costs. The senators – Minority Leader Chuck Schumer of New York, Senate...
Saudi Arabia Launches First RMBS
Saudi Arabia has moved further into the real estate finance realm with its first residential mortgage-backed securities (RMBS) offering. The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund company, coordinated the offering. In a press statement,...
San Francisco Offers Squatters $5,000 Airbnb Gift Cards to Leave Public Housing Complex
The San Francisco Housing Authority (SFHA) has come up with a new way to evict squatters: give them $5,000 Airbnb gift cards. According to combined media reports, the SFHA has been trying for over a year to remove dozens of households without leases from the decrepit...
NEWS & CURRENT EVENTS
John Hancock’s Boston Home Listed for Sale
The property is currently being used as a law office, and pricing information is available upon request. Continue Reading John Hancock’s Boston Home Listed for Sale
Foreclosure Activity Rises During First Half of the Year
During the second quarter, there were 100,687 residential properties with a foreclosure filing, up 7% from the previous quarter and up 13% from one year ago. Continue Reading Foreclosure Activity Rises During First Half of the Year
Kentucky Home Sales Up During June
The state’s median sales price of $285,000 was up 2.2% month-over-month and up 4% year-over-year. Continue Reading Kentucky Home Sales Up During June
Occupi Raises $3.1 Million in Seed Funding Round
Fenway Summer and Assurant Ventures co-led the round. Continue Reading Occupi Raises $3.1 Million in Seed Funding Round
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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New Affordable Housing Development Approved in Ottawa
The project is being created by First Unitarian Congregation of Ottawa, Theia Partners and Ontario Aboriginal Housing Services. Continue Reading New Affordable Housing Development Approved in Ottawa
HUD Partners with North Carolina Law School on Fair Housing Workforce Training
North Carolina Central University is a public historically Black university based in Durham. Continue Reading HUD Partners with North Carolina Law School on Fair Housing Workforce Training
Mortgage Rates Are Climbing Again
The 30-year fixed-rate mortgage averaged 6.54% as of Oct. 24, up from last week when it averaged 6.44%. Continue Reading Mortgage Rates Are Climbing Again
New Single-Family Homes Sales Up in September
The median sales price of new houses sold last month was $426,300 while the average sales price was $501,000. Continue Reading New Single-Family Homes Sales Up in September
New Survey Finds 4 Out of 5 Respondents Support Rent Caps
More Democrats than Republicans support rent caps. Continue Reading New Survey Finds 4 Out of 5 Respondents Support Rent Caps
Realtor.ca to Become For-Profit Platform
Realtor.ca holds a 50% market share in Canada. Continue Reading Realtor.ca to Become For-Profit Platform
Report: Nearly Half of Mortgaged Homeowners Are Equity-Rich
2.5% of mortgaged homes were seriously underwater in the third quarter. Continue Reading Report: Nearly Half of Mortgaged Homeowners Are Equity-Rich
BSI Financial Services Debuts Tool to Predict Refinancing by Borrowers
Portfolio Guardian allows the company’s subservicing clients to strategically target refinancing opportunities. Continue Reading BSI Financial Services Debuts Tool to Predict Refinancing by Borrowers
New Partnership to Build Sustainable Boutique Hotels in North America
The companies said they have planned projects in major markets including Chicago, San Francisco, New York City, and Calgary. Continue Reading New Partnership to Build Sustainable Boutique Hotels in North America
New Charges Against Husband of Missing Texas Realtor
Suzanne Clark Simpson was last seen on the night of Oct. 6. Continue Reading New Charges Against Husband of Missing Texas Realtor
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