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Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Qualification can be obtained through 12 months of personal or business bank statements, or one year’s full documentation. Continue Reading Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Qualification can be obtained through 12 months of personal or business bank statements, or one year’s full documentation. Continue Reading Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
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...
Federal Reserve Drama: Wall Street Journal Slams Pulte on GSE Mortgage Fraud Efforts; Second Criminal Referral Against Cook
The editorial board of the Wall Street Journal took a harsh aim at Bill Pulte, director of the Federal Housing Finance Agency (FHFA), for using Fannie Mae and Freddie Mac to target President Trump’s political foes with mortgage fraud accusations while failing to...
NEWS & CURRENT EVENTS
Canadian Home Sales Up in June
There were 206,435 properties listed for sale on Canadian MLS Systems at the end of June. Continue Reading Canadian Home Sales Up in June
Mortgage Application Activity and Credit Availability in Decline
The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 10% on a seasonally adjusted basis. Continue Reading Mortgage Application Activity and Credit Availability in Decline
Historic Milwaukee Nursing Home to Become Affordable Housing Development
The four-story property opened in 1929 as the Milwaukee Jewish Home for the Aged. Continue Reading Historic Milwaukee Nursing Home to Become Affordable Housing Development
Seattle Commercial Property Owner Found Guilty in Tax Fraud Scheme
Steven T. Loo is scheduled to be sentenced on Oct. 9. Continue Reading Seattle Commercial Property Owner Found Guilty in Tax Fraud Scheme
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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.
SBA to Pause New Disaster Loan Origination, Citing Lack of Funds
SBA can make disaster loans up to $500,000 to homeowners to repair or replace disaster-damaged or destroyed real estate. Continue Reading SBA to Pause New Disaster Loan Origination, Citing Lack of Funds
Hankin Group Debuts First Phius ZERO Multifamily Community in Pennsylvania
Phius ZERO is an industry-setting standard for net zero energy design. Continue Reading Hankin Group Debuts First Phius ZERO Multifamily Community in Pennsylvania
Forecast: Property Damage from Hurricane Milton Could Cost up to $50 Billion
Verisk noted that while Milton is expected to have a significantly higher insured loss tally than Helene. Continue Reading Forecast: Property Damage from Hurricane Milton Could Cost up to $50 Billion
Dolby Theatre, Longtime Venue for Academy Awards Show, is Sold
The venue has hosted the Academy Awards show since 2002. Continue Reading Dolby Theatre, Longtime Venue for Academy Awards Show, is Sold
Mortage Application Activity and Credit Availability in Decline
The Mortgage Credit Availability Index (MCAI) dropped by 0.5% to 98.5 in September. Continue Reading Mortage Application Activity and Credit Availability in Decline
A Phil Hall Op-Ed: What’s Next for NAR’s Clear Cooperation Policy?
Editor Phil Hall opines on the future of a contentious mandate for NAR members. Continue Reading A Phil Hall Op-Ed: What’s Next for NAR’s Clear Cooperation Policy?
Spirit Halloween to Test Christmas Season Pop-Up Stores
The company is planning to operate 10 Spirit Christmas stores in the Northeast. Continue Reading Spirit Halloween to Test Christmas Season Pop-Up Stores
True Value Files for Bankruptcy, Sells Business to Hardware Rival
Only one of the company’s 4,500 stores will be subject to closing. Continue Reading True Value Files for Bankruptcy, Sells Business to Hardware Rival
Walgreens to Close 1,200 Stores by 2027
Approximately 500 closures planned for Fiscal Year 2025. Continue Reading Walgreens to Close 1,200 Stores by 2027
RE/MAX: Housing Inventory Up for 7th Straight Month
September home sales were down by 13.3% from August. Continue Reading RE/MAX: Housing Inventory Up for 7th Straight Month
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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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