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Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
“This should be the end of this case,” said Abbe Lowell, James’ attorney. Continue Reading Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
“This should be the end of this case,” said Abbe Lowell, James’ attorney. Continue Reading Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case
PennyMac Correspondent Group to Launch Non-QM Products
The correspondent division of PennyMac Financial Services Inc. (NYSE: PFSI) is rolling out a new suite of non-qualified mortgage (non-QM) products on Sept. 22. According to the Westlake Village, California-based company, the new product types include Debt Service...
Federal Reserve Drama: Pulte Schedules Cook-Bashing Event Directly Opposite Miran Confirmation Hearing
Sept. 4 will see a pair of dueling events regarding the Federal Reserve, with another attempt by the director of the Federal Housing Finance Agency (FHFA) to force the removal of Fed Gov. Lisa Cook scheduled at the same time as with a Senate confirmation hearing to...
First National Bank to Add 30 New Branches in Next 5 Years
First National Bank, the Pittsburgh-based subsidiary of FNB Corporation (NYSE: FNB), announced plans to add nearly 30 new branches to its network during the next five years. Most of the planned branches will be based in North Carolina, South Carolina and the bank's...
NEWS & CURRENT EVENTS
Florida Congresswoman Asks DOJ to Investigate Fed’s Powell for Perjury
Rep. Luna, a two-term representative, offered no evidence that backed her perjury accusation. Continue Reading Florida Congresswoman Asks DOJ to Investigate Fed’s Powell for Perjury
Toronto Lawyer Charged with Multiple Fraud Counts Involving Real Estate Transactions
Singa Bui was charged with 24 counts of fraud over $5,000, 17 counts of criminal breach of trust and one count of possession of proceeds of crime over $5,000. Continue Reading Toronto Lawyer Charged with Multiple Fraud Counts Involving Real Estate Transactions
14-Unit California Property Listed at $12 Million Can Be Purchased with Bitcoin or USDC
The crypto transaction will be facilitated by Guaranty Escrow. Continue Reading 14-Unit California Property Listed at $12 Million Can Be Purchased with Bitcoin or USDC
California Home Sales Up, Reversing 3-Month Slump
California’s median home price fell for the second straight month in June to $899,560. Continue Reading California Home Sales Up, Reversing 3-Month Slump
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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.
New York State Median Home Prices Up for 13th Straight Month
New listings in September totaled 12,957, up 2.7% from 12,618 one year earlier. Continue Reading New York State Median Home Prices Up for 13th Straight Month
Connecticut Home Sales Drop in Q3 as Prices Rise
The median sale price for the third quarter was $417,500, up 9.1% from one year before. Continue Reading Connecticut Home Sales Drop in Q3 as Prices Rise
Astrid Vermeer Named SVP/CFO at MBA
Vermeer was previously chief financial and administrative officer for the Perkins School for the Blind. Continue Reading Astrid Vermeer Named SVP/CFO at MBA
Existing Home Sales Down by 1% in September
First-time buyers were responsible for 26% of sales in September, matching the all-time low from August 2024 and November 2021. Continue Reading Existing Home Sales Down by 1% in September
Mortgage Applications Down, Forbearance Levels Up
The total number of loans now in forbearance increased to 0.34% as of Sept. 30. Continue Reading Mortgage Applications Down, Forbearance Levels Up
Pennsylvania Home Sales Down Despite Growing Inventory
A total of 9,538 home sales were recorded, down 6.5% compared to September 2023. Continue Reading Pennsylvania Home Sales Down Despite Growing Inventory
Denny’s to Close 150 Restaurants
The closures occur after Denny’s reported its fifth straight quarter of year-over-year declines in same-store sales. Continue Reading Denny’s to Close 150 Restaurants
Howard M. Lorber Abruptly Retires as Douglas Elliman’s Chief Executive
Douglas Elliman Board Director Michael Liebowitz has been appointed chairman and CEO. Continue Reading Howard M. Lorber Abruptly Retires as Douglas Elliman’s Chief Executive
Thompson Thrift to Develop Arizona Retail Center
Construction is expected to start in the first quarter of 2025, with an opening planned for early 2026. Continue Reading Thompson Thrift to Develop Arizona Retail Center
Texas Median Home Sale Prices Hold Steady During Q3
Active listings increased by 30.4% statewide over the same period last year. Continue Reading Texas Median Home Sale Prices Hold Steady During Q3
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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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