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ECGI Holdings Signs LOI to Acquire Mortgage Lender RezyFi for $30 Million
“This acquisition positions ECGI to bridge the gap between traditional mortgage lending and next-generation financial technology,” said Jamie Steigerwald, president of ECGI Holdings. Continue Reading ECGI Holdings Signs LOI to Acquire Mortgage Lender RezyFi for $30 Million
ECGI Holdings Signs LOI to Acquire Mortgage Lender RezyFi for $30 Million
“This acquisition positions ECGI to bridge the gap between traditional mortgage lending and next-generation financial technology,” said Jamie Steigerwald, president of ECGI Holdings. Continue Reading ECGI Holdings Signs LOI to Acquire Mortgage Lender RezyFi for $30 Million
Judge Axes CFPB’s Medical Debt Reporting Rule
A federal judge in Texas overturned a Consumer Financial Protection Bureau (CFPB) rule enabling the erasure of medical debt from credit reports. The Hill reports US District Judge Sean Jordan stated the CFPB exceeded its’ authority by issuing the rule, which was...
Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments
The Bank of Mom and Dad is helping to keep the housing market afloat – a new survey from Redfin determined nearly one-quarter (23.8%) of young Americans who recently bought a home tapped into family money to help cover their down payment. The typical homebuyer’s down...
Wall Street Journal Slams Trump-Pulte Housing Policies
The Wall Street Journal’s editorial board has published two scathing criticisms of the housing policies espoused by President Donald Trump and Federal Housing Finance Agency Director Bill Pulte. In the editorial “How to Increase Mortgage Defaults,” the Journal’s...
NEWS & CURRENT EVENTS
Hits and Misses for the Real Estate Week of May 12-16
Canada’s unlikely new housing minister, two high profile property sales where the sellers took a big loss, and HUD’s commitment to Indian Country housing. Continue Reading Hits and Misses for the Real Estate Week of May 12-16
Kash Patel: FBI to Vacate DC Headquarters
The 11-story Brutalist-style building opened in 1975. Continue Reading Kash Patel: FBI to Vacate DC Headquarters
Scott Felder Homes Acquires Olivia Clarke Homes
The financial terms of the deal were not disclosed. Continue Reading Scott Felder Homes Acquires Olivia Clarke Homes
CBRE Forecasts Modest RevPAR Growth for US Hotels in 2025
Looking ahead, CBRE projects RevPAR growth in the range of 1.0% to 3.0% over the next few years. Continue Reading CBRE Forecasts Modest RevPAR Growth for US Hotels in 2025
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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.
Walgreens Plans to Close a ‘Meaningful Percent’ of Stores
The company has not decided on the exact number of locations to shutter. Continue Reading Walgreens Plans to Close a ‘Meaningful Percent’ of Stores
Richard Gibbens Named CEO at Bluegrass Realtors
Gibbens will begin his new role in late July. Continue Reading Richard Gibbens Named CEO at Bluegrass Realtors
Tuscany Offers People Up to $32K to Move There
Americans planning to relocate must receive a residence permit “lasting no less than 10 years.” Continue Reading Tuscany Offers People Up to $32K to Move There
Survey: Half of Middle-Income Americans Feel Homeownership is Not Required for Financial Prosperity
Eight in 10 middle-income households said they were current on their bills. Continue Reading Survey: Half of Middle-Income Americans Feel Homeownership is Not Required for Financial Prosperity
New Single-Family Home Sales at Lowest Pace in 7 Months
The median sales price of new houses sold in May 2024 was $417,400. Continue Reading New Single-Family Home Sales at Lowest Pace in 7 Months
Caliber to Begin Construction on Phoenix-Area Apartment Development
The project will begin with the conversion of an existing 160-room hotel to 104 apartment units with Class A amenities. Continue Reading Caliber to Begin Construction on Phoenix-Area Apartment Development
Smart Toilet Market Forecast to Grow by $6.21 Billion Over Next 4 Years
Residential and commercial installations focus on digital sustainability solutions Continue Reading Smart Toilet Market Forecast to Grow by $6.21 Billion Over Next 4 Years
Can Minimum Wage Earners Afford to Buy a Home?
Minimum wage earners in Utah have the longest haul to homeownership. Continue Reading Can Minimum Wage Earners Afford to Buy a Home?
Winthrop Watson to Step Down as FHLBank Pittsburgh’s Chief Executive
Chief Operating Officer David G. Paulson will succeed Watson on Dec. 31. Continue Reading Winthrop Watson to Step Down as FHLBank Pittsburgh’s Chief Executive
The Greenest State Is…
Texas was ranked last due to high levels of water contamination and low recycling rates. Continue Reading The Greenest State Is…
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