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Report: Prosecutor Warns Mortgage Fraud Case Against Sen. Schiff Lacks Viable Evidence
A news report is claiming the Trump administration’s attempt to bring a mortgage fraud indictment against one of its most vocal critics, Sen. Adam Schiff (D-CA), has stalled due to a perceived lack of viable evidence needed to bring the case to trial. MSNBC, sourcing...
Report: Prosecutor Warns Mortgage Fraud Case Against Sen. Schiff Lacks Viable Evidence
A news report is claiming the Trump administration’s attempt to bring a mortgage fraud indictment against one of its most vocal critics, Sen. Adam Schiff (D-CA), has stalled due to a perceived lack of viable evidence needed to bring the case to trial. MSNBC, sourcing...
Hits and Misses for the Real Estate Week of June 23-27
Cryptocurrency permeates housing policy, HUD muscles its way into a new headquarters, and Cincinnati will not have a new football stadium. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 23-27. Hit: The Future is Here....
Report: ‘Million Dollar Beach House’ Agent Sara Burack ‘Homeless by Choice’ at Time of Death
Sara Burack, the luxury real estate agent who gained prominence from on the Netflix reality show “Million Dollar Beach House,” was homeless and living with mental health problems at the time of her hit-and-run death last week, according to a report in the New York...
GSEs Rebrand and Expand Common Securitization Solutions as US Fin Tech
The government-sponsored enterprises Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) announced the launch of US Financial Technology LLC (US Fin Tech) as the successor to their joint venture Common Securitization Solutions (CSS). CSS was established in 2014 to...
NEWS & CURRENT EVENTS
Pending Home Sales Jump by 6.1%
Year-over-year, pending transactions were down by a mild 0.6%. Continue Reading Pending Home Sales Jump by 6.1%
Trump Organization to Create Hotel and Tower in Dubai
The project will be the first Trump International Hotel & Tower in the Middle East. Continue Reading Trump Organization to Create Hotel and Tower in Dubai
The Best Months for Selling a Home Are…
As for the best days of the year to sell a home, ATTOM concluded May 27 was the top choice on the calendar. Continue Reading The Best Months for Selling a Home Are…
Mortgage Application Activity Remains Weak
The seasonally adjusted Purchase Index was down by 4% from one week earlier while the unadjusted index fell 3%. Continue Reading Mortgage Application Activity Remains Weak
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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.
FDIC Chairman Pledges to Resign When Successor is Confirmed
Gruenberg ‘s action prevents FDIC Vice Chairman Travis Hill, a Republican, from becoming acting chairman. Continue Reading FDIC Chairman Pledges to Resign When Successor is Confirmed
Broker Demands $23K Commission from Elderly Widow After Broken Leg Results in Canceled Home Sale
Jackeline Estrada and her buyers amicably agreed to cancel the sale. Continue Reading Broker Demands $23K Commission from Elderly Widow After Broken Leg Results in Canceled Home Sale
A Phil Hall Op-Ed: The Illegal Immigrant Impact on Housing
The U.S. government is not addressing impact of a massive influx of illegal immigrants on the housing market. Continue Reading A Phil Hall Op-Ed: The Illegal Immigrant Impact on Housing
40% of New Mortgages Went to Buyers Under 35
Redfin determined the median age of first-time U.S. homebuyers last year was 35. Continue Reading 40% of New Mortgages Went to Buyers Under 35
New Record High for Pennsylvania’s Median Home Sales Price
Last month, Pennsylvania’s home sales were up by 11% from the previous month. Continue Reading New Record High for Pennsylvania’s Median Home Sales Price
Average Title Insurance Claim Cost for Fraud and Forgery is $143,000
Nearly 30% of title insurers’ losses and claims expenses arose from title problems not discoverable from a public records search. Continue Reading Average Title Insurance Claim Cost for Fraud and Forgery is $143,000
Majority of Relocation Activity Points to Southeast
The most move-outs were from Los Angeles and the San Francisco Bay Area. Continue Reading Majority of Relocation Activity Points to Southeast
MBA’s CEO Blasts Biden for Tying ‘Regulatory Knots’ Around Housing Professionals
“Such confusion poses a serious threat to a smoothly functioning and sustainable market,” he said. Continue Reading MBA’s CEO Blasts Biden for Tying ‘Regulatory Knots’ Around Housing Professionals
Christie’s International Real Estate Expands Into Vietnam
The new office’s headquarters will open next month in the Saigon Hilton, located in Ho Chi Minh City. Continue Reading Christie’s International Real Estate Expands Into Vietnam
Iowa Realtors to Offer Financial Assistance to Residents Impacted by Tornadoes
The relief grants are contingent upon the availability of funds. Continue Reading Iowa Realtors to Offer Financial Assistance to Residents Impacted by Tornadoes
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