Featured Real Estate News
Ginnie Mae Issued $46.1 Billion in Mortgage-Backed Securities During March
Ginnie Mae announced that its mortgage-backed securities (MBS) portfolio outstanding grew to $2.91 trillion as of March. Ginnie Mae issued $46.1 billion in total MBS last month, resulting in net portfolio growth of $4.16 billion. The issuance included $44.5 billion in...
Ginnie Mae Issued $46.1 Billion in Mortgage-Backed Securities During March
The pooling and securitization of loans for more than 128,000 American households, including over 49,000 first-time homebuyers. Continue Reading Ginnie Mae Issued $46.1 Billion in Mortgage-Backed Securities During March
Justice Dept. Sues New Jersey Township Over Natural Gas Ban
The Department of Justice (DOJ) has filed a lawsuit against Morris Township, New Jersey, over its ordinance that bans the use of natural gas, propane gas, and fuel oil infrastructure and appliances in certain new residential construction. According to the lawsuit, the...
The Beverly Hills Estates in New Partnership with Savills
The Beverly Hills Estates, a West Hollywood-based luxury real estate firms, has announced a new partnership with the London-headquartered global real estate services provider Savills. According to the companies, The Beverly Hills Estates will serve as Savills’...
APW Avenue Group Acquires Reno Apartment Community for $96 Million
APW Avenue Group, a Los Angeles-headquartered real estate investment and development firm, has acquired The Village at Iron Blossom, a 401-unit apartment community in South Reno, Nevada, for $96 million. The property offers residences in one-, two- and three-bedroom...
News & Current Events
Ex-Massachusetts Realtor Pleads Guilty to $11 Million Embezzlement
Stephen Webster was indicted on Sept. 12 and arrested in Palm Beach County, Florida, on Sept. 30. Continue Reading Ex-Massachusetts Realtor Pleads Guilty to $11 Million Embezzlement
The Best Market for First-Time Homebuyers Is…
“First-time buyers are finally seeing some light at the end of the tunnel,” said Orphe Divounguy, senior economist at Zillow. Continue Reading The Best Market for First-Time Homebuyers Is…
Florida CFO: Abolishing Property Taxes is Unlikely
“I don’t think we’re going to wind up with the place where we get rid of property taxes altogether on homestead or properties,” said Blaise Ingoglia. Continue Reading Florida CFO: Abolishing Property Taxes is Unlikely
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FHFA’s Pulte: Trump ‘Single-Handedly Lowered Mortgage Rates’
“He’s the best,” the FHFA director cheered. Continue Reading FHFA’s Pulte: Trump ‘Single-Handedly Lowered Mortgage Rates’
Former FHA Commissioner Brian D. Montgomery Joins NewDay USA as Vice Chairman
After leaving the Trump administration, Montgomery became founding partner and chairman of Gate House Strategies. Continue Reading Former FHA Commissioner Brian D. Montgomery Joins NewDay USA as Vice Chairman
NYC Mayor Mamdani Lobbies Trump for $21 Billion to Fund Affordable Housing Project
The White House did not comment on the meeting. Continue Reading NYC Mayor Mamdani Lobbies Trump for $21 Billion to Fund Affordable Housing Project
North Carolina Attorney Sentenced for Role in Real Estate Fraud Scheme
The North Carolina Department of the Secretary of State prosecuted the case at the request of the Buncombe County District Attorney’s Office. Continue Reading North Carolina Attorney Sentenced for Role in Real Estate Fraud Scheme
Poll Finds Wisconsin Voters Prefer Lowering Property Taxes Over Funding Public Schools
“It’s not as simple as just paying for schools from property taxes; the state has a role in that as well,” said poll director Charles Franklin. Continue Reading Poll Finds Wisconsin Voters Prefer Lowering Property Taxes Over Funding Public Schools
‘Heated Rivalry’ Cottage Going on Airbnb, ‘Breaking Bad’ House Sold to Streamer Adin Ross
Oddly, the Airbnb listing doesn’t identify the property as being featured in “Heated Rivalry.” Continue Reading ‘Heated Rivalry’ Cottage Going on Airbnb, ‘Breaking Bad’ House Sold to Streamer Adin Ross
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