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Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Last June, the FHLBNY and the HDC partnered on a $150 million bond purchase in support of more than 2,250 homes across HDC programs. Continue Reading Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Last June, the FHLBNY and the HDC partnered on a $150 million bond purchase in support of more than 2,250 homes across HDC programs. Continue Reading Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative
Report: Right-Wing News Site Inspired Pulte’s Mortgage Fraud Charges Against Swalwell
The source for the mortgage fraud criminal referral made by Federal Housing Finance Agency (FHFA) Director Bill Pulte against Rep. Eric Swalwell (D-CA), a longtime political foe of President Trump, has been identified as a right-wing news site. A review of government...
Hits and Misses for the Real Estate Week of Dec. 15-19
Presidential promises of a stronger housing market, dead Colorado residents getting HUD benefits, and Jeremy Allen White’s real estate obsession. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 15-19. Miss: Give Us...
Indiana Broker Has License Revoked Amid Multiple Fraud and Forgery Charges
The Indiana Real Estate Commission has revoked the license of a broker who has been the focus of multiple lawsuits and a complaint filed by the state’s attorney general. Indiana Lawyer reports the revocation of Jeremy Tucker’s license followed an administrative...
NEWS & CURRENT EVENTS
Demolition Begins at Hawaii’s Aloha Stadium
The old stadium is being replaced by a 22,500-seat venue that will become home for the University of Hawaii Rainbow Warriors football program. Continue Reading Demolition Begins at Hawaii’s Aloha Stadium
Saskatoon Ex-Broker Arrested for Inciting Hate Online
The Saskatoon Police Service Hate Crime Unit arrested Brandon Taylor Moore at his home on Wednesday. Continue Reading Saskatoon Ex-Broker Arrested for Inciting Hate Online
Mortgage Application Payments Down in November
“Affordability conditions have now improved for six straight months,” said MBA’s Edward Seiler. Continue Reading Mortgage Application Payments Down in November
Claremont Lincoln University Debuts Graduate Programs Focused on Land Policy
The new master’s degrees are developed in partnership with CLU’s Lincoln Institute of Land Policy. Continue Reading Claremont Lincoln University Debuts Graduate Programs Focused on Land Policy
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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.
CTO Realty Growth Acquires 35-Acre Florida Retail Center for $65.2 Million
CTO Realty Growth Inc. (NYSE: CTO), the owner and operator of open-air shopping centers in the higher growth Southeast and Southwest markets, has acquired Pompano Citi Centre, an open-air retail center located on 35 acres in the Pompano Beach submarket of Fort...
Report: Spikes in Heart Attacks and General Illness Following LA County Wildfires
The report noted a 118% increase in visits for general illness, a 46% increase in the number of visits for heart attack, and a 24% increase in visits for pulmonary illness. Continue Reading Report: Spikes in Heart Attacks and General Illness Following LA County Wildfires
NYC Personal Trainer Indicted in Rental Housing Scam
Jerry Genesis was previously indicted last February for a refund scam involving 10 victims tied to his personal training business. Continue Reading NYC Personal Trainer Indicted in Rental Housing Scam
Ground Broken on 365-Unit Multifamily Community in Aurora, Colorado
The project encompasses a quartet of four-story buildings featuring a mix of one-, two- and three-bedroom apartment layouts. Continue Reading Ground Broken on 365-Unit Multifamily Community in Aurora, Colorado
MISMO Names Amy Moses as VP of Strategic Growth
Moses joined MISMO earlier this year as a contractor. Continue Reading MISMO Names Amy Moses as VP of Strategic Growth
UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Two Harbors is one of the nation’s largest servicers through its wholly owned subsidiary RoundPoint Mortgage Servicing LLC. Continue Reading UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Mortgage Application Activity Down by Nearly 4%
The FHA share of total applications decreased to 19.5% from 20.2% the week prior. Continue Reading Mortgage Application Activity Down by Nearly 4%
Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
Vermont Governor Seeks to Use State Surplus Revenue to Cut Proposed Property Tax Hike
Vermont Gov. Phil Scott is seeking to use surplus state funds to reduce a projected 12% property tax hike slated for 2026, but the Republican governor is getting pushback from some Democratic legislators over his plan. Vermont Public reports Scott’s administration...
Brazil to Conduct Real Estate Auction Using Blockchain Technology
The Brazilian auction market has been disrupted with altered documents, fake websites, and inconsistent public records. Continue Reading Brazil to Conduct Real Estate Auction Using Blockchain Technology
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