Featured Real Estate News
Refinancing Surge Drives Up Mortgage Application Activity
Mortgage application activity picked up during the week ending April 10 thanks to an uptick in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.8%...
Refinancing Surge Drives Up Mortgage Application Activity
The Refinance Index increased 5% and was 15% higher than the same week one year ago. Continue Reading Refinancing Surge Drives Up Mortgage Application Activity
Finance of America Reverse Debuts HomeSafe Second Line of Credit
Finance of America Reverse LLC has unveiled HomeSafe Second Line of Credit, which is being promoted as the “industry’s first second-lien reverse mortgage line of credit.” According to the Plano, Texas-based company, the product enables homeowners age 55 and older to...
Trump: State Farm is ‘Absolutely Horrible’ in Handling LA Wildfire Claims
President Trump has blasted the insurance industry for its treatment of homeowners who lost their properties in last year’s Los Angeles County wildfires, with a particular heaping of scorn aimed at State Farm. In a post on Truth Social, Trump wrote that elected...
Chicago Bears CEO Pledges to Make a Stadium Decision in ‘Late Spring, Early Summer’
Chicago Bears President and CEO Kevin Warren responded to NFL Commissioner Roger Goodell’s call to announce the location of their new domed stadium “sooner rather than later” by giving a vague projected timeline for when a final decision will be made. ESPN reports...
News & Current Events
Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
Pritzker added the state was trying to alleviate the tax burden by providing more money for education. Continue Reading Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
Ryan Griffin Named President at Home Run Financing
Griffin joined Home Run Financing in 2019 as vice president of compliance and corporate counsel. Continue Reading Ryan Griffin Named President at Home Run Financing
Smart Capital Center Rolls Out AI-Powered Fraud Alerts Solution
Fraud Alerts uses an AI-driven framework that continuously analyzes property-level documentation. Continue Reading Smart Capital Center Rolls Out AI-Powered Fraud Alerts Solution
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Rocket Companies and Compass Announce 3-Year Strategic Alliance
“When barriers are removed and supply grows, affordability improves,” said Varun Krishna, CEO of Rocket Companies. Continue Reading Rocket Companies and Compass Announce 3-Year Strategic Alliance
Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs
The program provides grant funding for homebuyer downpayment assistance, housing development and rehabilitation, and legal assistance for property owners. Continue Reading Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs
Department of Agriculture to Move from Longtime DC HQ
The building will be turned over to the General Services Administration for sale. Continue Reading Department of Agriculture to Move from Longtime DC HQ
Oregon’s Willamette Valley Bank to Cease Residential Mortgage Lending
Willamette Valley Bank is a state-chartered community bank founded in 2000. Continue Reading Oregon’s Willamette Valley Bank to Cease Residential Mortgage Lending
Papa Johns to Close 300 Restaurants
The announcement comes after the company posted a 5% same-store sales decline in North America during the fourth quarter of 2025. Continue Reading Papa Johns to Close 300 Restaurants
30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
A year ago at this time, it averaged 6.76%. Continue Reading 30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
St. Louis Contractor Sentenced to 3 Years for Pandemic Loan Fraud
Elliott pleaded guilty in November in U.S. District Court to two counts of wire fraud. Continue Reading St. Louis Contractor Sentenced to 3 Years for Pandemic Loan Fraud
Illinois Gov. Pritzker: Indiana Faces ‘Massive Increases in Taxes’ with Proposed Bears Stadium
“Here in Illinois, we continue to have really positive discussions with the Chicago Bears,” he stated. Continue Reading Illinois Gov. Pritzker: Indiana Faces ‘Massive Increases in Taxes’ with Proposed Bears Stadium
NYC Developer Indicted in $10 Million Fraud Scheme Expected to Plead Guilty
The guilty plea would not affect the civil lawsuit brought against him by the Securities and Exchange Commission. Continue Reading NYC Developer Indicted in $10 Million Fraud Scheme Expected to Plead Guilty