Featured Real Estate News
Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
A former credit loan officer in Massachusetts was sentenced to 18 months in prison, followed by two years of supervised release, for defrauding his employer out of almost $1 million. According to the charges brought against him, Brian Socha was employed at MassMutual...
Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
In addition to his prison term, Brian Socha was also ordered to pay $902,541.15 in restitution for bank fraud. Continue Reading Ex-Credit Union Loan Officer Sentenced in HELOC Scheme
More Than Two-Thirds of EU Households are Homeowners
More than two-thirds (68%) of households in the European Union (EU) owned their home, according to new data from Eurostat, with the remaining 32% living in rented housing. According to an analysis of 2024 data, Romania had the highest homeownership population, with...
CMBS Delinquency Rate Down for November
The delinquency rate for commercial mortgage-backed securities (CMBS) declined by 20 basis points in November to 7.26%, after climbing 23 basis points in October, according to new data from Trepp Inc. Year-over-year, the overall US CMBS delinquency rate is up 86 basis...
Over 60% of NYC Homes Were All-Cash Purchases During H1 2025
More than 60% of the 17,924 homes sold across New York City during the first half of the year were acquired by all-cash buyers. The Gothamist reports that among the city's five boroughs, Queens had the highest total number of all-cash sales with 4,132 out of roughly...
News & Current Events
eXp Realty Debuts International Property Search Platform
The new platform at LYVVE.com includes listings from nearly 30 countries. Continue Reading eXp Realty Debuts International Property Search Platform
National Private Lenders Association Launches Watchlist for Advancing Risk Controls
“The industry asked for a tool that plugs into intake and pre-funding. This is that tool,” said Jonathan Hornik, executive director of the NPLA. Continue Reading National Private Lenders Association Launches Watchlist for Advancing Risk Controls
New Study Tracks 10-Year Decline in Quebec’s Home Affordability Levels
Ten years ago, it took Quebec buyers about three years to save for the down payment, whereas it now takes five years. Continue Reading New Study Tracks 10-Year Decline in Quebec’s Home Affordability Levels
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National Fair Housing Alliance Expands Civil Rights Legal Team
“Discrimination in our nation is not a relic of the past,” said NFHA’s President and CEO Lisa Rice. Continue Reading National Fair Housing Alliance Expands Civil Rights Legal Team
CMBS Delinquency Rate Down for Second Straight Month
The only sector to record an uptick in its delinquency rate was lodging, with a 20-basis points spike to 6.43%. Continue Reading CMBS Delinquency Rate Down for Second Straight Month
Residential Property Insurance Costs Soared in 2024 at a Record Rate
The largest percentage increases were recorded in Seattle (+22%), Salt Lake City (+22%) and Los Angeles (+20%). Continue Reading Residential Property Insurance Costs Soared in 2024 at a Record Rate
CFPB Drops 2022 Enforcement Action Against TransUnion
The CFPB opted to continue its 2022 enforcement action against the fintech lender MoneyLion Continue Reading CFPB Drops 2022 Enforcement Action Against TransUnion
Bascom Group Acquires California Apartment Community for $127 Million
Highridge Apartments is an institutionally owned, 1972-vintage property that has undergone significant upgrades over the years. Continue Reading Bascom Group Acquires California Apartment Community for $127 Million
Bank7 Acquires First American Mortgage
First American Mortgage has operated since 1993 and facilitated over $3 billion in funding. Continue Reading Bank7 Acquires First American Mortgage
Island Capital Group Hires Melissa Iorio as Executive Managing Director
Iorio most recently served as head of investor relations at Cohen & Steers, where she helped build the firm’s private real estate business. Continue Reading Island Capital Group Hires Melissa Iorio as Executive Managing Director
Private Equity Firm Takes Ownership Stake in Keller Williams
As part of this transaction, Keller Williams CEO Mark Willis will step down. Continue Reading Private Equity Firm Takes Ownership Stake in Keller Williams
Jonathan Waclawski Returns to NAR as General Counsel
Waclawski replaces Katie Johnson, who stepped down last October. Continue Reading Jonathan Waclawski Returns to NAR as General Counsel