Featured Real Estate News
LGI Homes Debuts Seattle-Area Community
LGI Homes Inc. (NASDAQ: LGIH) has expanded its presence in the Seattle market with the grand opening of Meadow Brook, a new community in Puyallup, Washington. Meadow Brook features a collection of 53 three-, four-, and five-bedroom homes ranging from approximately...
LGI Homes Debuts Seattle-Area Community
Meadow Brook features a collection of 53 three-, four-, and five-bedroom homes. Continue Reading LGI Homes Debuts Seattle-Area Community
Report: White House Aides Furious at FHFA’s Pulte Over Backlash on 50-Year Mortgage Plan
White House officials are reportedly angry with Bill Pulte, the director of the Federal Housing Finance Agency (FHFA), for influencing President Trump to announce his poorly received plan for a 50-year mortgage to encourage affordable homeownership. Politico, sourcing...
New Jersey in $2.8 Million Settlement with MV Realty Over Dubious ‘Homeowner Benefit Agreements’
The State of New Jersey has reached a $2.8 million settlement with Florida-based MV Realty that resolves claims of deceptive lending in the company’s so-called “Homeowner Benefit Agreements” (HBAs). MV Realty provided “financially distressed” homeowners with an...
Apartment-Hotel Brand Sonder to Shut Down
Sonder Holdings Inc. (NASDAQ: SOND), a San Francisco-headquartered operator of short-term rental apartments and boutique hotels, announced a winding down of its operations immediately and the Chapter 7 liquidation of its US business while initiating insolvency...
News & Current Events
Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
The community represents nearly 40% of all apartment inventory in Hacienda Heights. Continue Reading Eagle Partners Acquires 350-Unit LA County Apartment Community for $107 Million
NAR Taps David Conroy for Newly Created Chief Data Officer Role
Most recently, Conroy served as chief technology officer at the California Association of Realtors. Continue Reading NAR Taps David Conroy for Newly Created Chief Data Officer Role
Damon Conrad Joins REMAX Canada as VP for Commercial
Conrad joins REMAX Canada from Royal LePage Commercial, where he served as vice president and general manager. Continue Reading Damon Conrad Joins REMAX Canada as VP for Commercial
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Exclusive News
DC Tax Firm Executive Pleads Guilty to Mortgage Fraud
Timothy Trifilo will be sentenced on May 19, 2025. Continue Reading DC Tax Firm Executive Pleads Guilty to Mortgage Fraud
Federal Reserve Cuts Rates for Third Straight Time
The Fed also stressed that it would “continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities.” Continue Reading Federal Reserve Cuts Rates for Third Straight Time
Title Insurance Premium Volume Up 5.3% in Q3
The top underwriter in the third quarter as measured by market share was First American Title Insurance Co. (21.9%). Continue Reading Title Insurance Premium Volume Up 5.3% in Q3
Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses
Insurance Bureau of Canada (IBC), the national industry association representing Canadian private home, auto and business insurers, has blamed Prime Minister Justin Trudeau’s for failing to protect property owners from climate-related disasters during 2024. “After the costliest summer in Canadian history, with almost $8 billion in insured losses due to floods, hail and wildfires, the… Continue Reading Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses Continue Reading Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses
New York State Considers Expanding CRA Law to Cover Nonbank Mortgage Lenders
The proposed regulation tests will take place where the nonbanks are originating loans rather than where they have a physical branch presence. Continue Reading New York State Considers Expanding CRA Law to Cover Nonbank Mortgage Lenders
CFPB Finalizes Rule on PACE Loan Protections
The new rule requires lenders to assess a borrower’s ability to repay a PACE loan. Continue Reading CFPB Finalizes Rule on PACE Loan Protections
Real Estate Investor Sentenced for Role in Mortgage Fraud Scheme
ron Puretz pleaded guilty to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Sentenced for Role in Mortgage Fraud Scheme
Mortgage Application Activity Down Slightly
The MBA reported mortgage applications for new home purchases in November were up 7.2% year-over-year. Continue Reading Mortgage Application Activity Down Slightly
Single-Family Housing Starts Up 6.4%
Privately-owned housing starts were down 1.8% from October. Continue Reading Single-Family Housing Starts Up 6.4%