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Senate Democrats Seek GAO Probe of Pulte’s Handling of Mortgage Fraud Referrals
Pulte has not publicly commented on the increased attention given to his actions. Continue Reading Senate Democrats Seek GAO Probe of Pulte’s Handling of Mortgage Fraud Referrals
Senate Democrats Seek GAO Probe of Pulte’s Handling of Mortgage Fraud Referrals
Pulte has not publicly commented on the increased attention given to his actions. Continue Reading Senate Democrats Seek GAO Probe of Pulte’s Handling of Mortgage Fraud Referrals
Report: Large Banks Originating More ARMs
Adjustable-rate mortgages (ARMs) have gained in popularity among borrowers seeking home loans from large banks, according to a new data report from the Federal Reserve Bank of Philadelphia. Conventional ARMs accounted for 25.1% of large bank first mortgage...
Mortgage Rates Record New Uptick
After five weeks in decline, mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.72% as of July 10, up from last week when it averaged 6.67%. A year ago at this...
Survey: Nearly Half of Americans Want to Ban Short-Term Rentals from Residential Areas
Here is some news that will not inspire optimism at Airbnb (NASDAQ: ABNB) – a new survey nearly half (49%) of Americans feel short-term rentals should be banned entirely in residential areas. The survey of 1,000 adults conducted by Clever Real Estate’s Anytime...
NEWS & CURRENT EVENTS
New England Retail Chain Smithland Pet & Garden Centers to Shut Down
Store fixtures and equipment will be part of the liquidation sales. Continue Reading New England Retail Chain Smithland Pet & Garden Centers to Shut Down
Rosie O’Donnell Departed for Ireland While Selling Her NYC Penthouse at $3.25 Million Loss
She bought the property in 2017 for $8 million. Continue Reading Rosie O’Donnell Departed for Ireland While Selling Her NYC Penthouse at $3.25 Million Loss
Realtor.com Launches New Marketing Campaign Starring Reba McIntire
This campaign will run across TV, digital and social and features a sponsorship of the 60th Academy of Country Music Awards. Continue Reading Realtor.com Launches New Marketing Campaign Starring Reba McIntire
Bill Ackman’s Pershing Square Invests $900 Million for More Control of Howard Hughes Holdings
The investment increases Pershing’s stake in Howard Hughes to 46.9% from its current 37.6%. Continue Reading Bill Ackman’s Pershing Square Invests $900 Million for More Control of Howard Hughes Holdings
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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.
Arrive Home Debuts Earned Equity Program as Mortgage Alternative
Arrive Home President Tai Christensen said the program will “facilitate responsible homeownership.” Continue Reading Arrive Home Debuts Earned Equity Program as Mortgage Alternative
Investment Firm Acquires Kinexx Modular Construction
Kinexx will operate as a subsidiary of LaPhair Capital Partners, with Scott Upshaw as its new CEO. Continue Reading Investment Firm Acquires Kinexx Modular Construction
John B. Johnson, Co-Founder and Former CEO of MortgageAmerica Inc., Dies at 84
He served on the board of directors of the Mortgage Bankers Association from 1999-2003. Continue Reading John B. Johnson, Co-Founder and Former CEO of MortgageAmerica Inc., Dies at 84
Kroger and Albertsons Propose Selling 166 More Stores to Gain Merger
The initial agreement was for the offloading of 413 locations to C&S Wholesale Grocers LLC. Continue Reading Kroger and Albertsons Propose Selling 166 More Stores to Gain Merger
The Most Eco-Friendly Housing Market Is…
Realtor.com Chief Economist Danielle Hale credited state and local policies with giving the top 10 a conspicuously West Coast slant. Continue Reading The Most Eco-Friendly Housing Market Is…
HUD Announces Final Rule for Federal Flood Risk Management Standard
HUD estimates approximately 10% of new FHA single-family homes constructed each year are within the 100-year floodplain. Continue Reading HUD Announces Final Rule for Federal Flood Risk Management Standard
Trump Maintains $175 Million Bond, Albeit with New Conditions
“We put up cash and the number is 175,” Trump said. Continue Reading Trump Maintains $175 Million Bond, Albeit with New Conditions
Fashion Retailer Express Files for Bankruptcy, Plans to Close Up to 100 Stores
Last month, the retailer was delisted from the New York Stock Exchange. Continue Reading Fashion Retailer Express Files for Bankruptcy, Plans to Close Up to 100 Stores
Joel Sebree Resigns as CEO at California Association of Realtors
Debra Ferrier, currently CEO of CAR’s for-profit subsidiary Real Estate Business Services, will serve as interim CEO. Continue Reading Joel Sebree Resigns as CEO at California Association of Realtors
Will Forcello Named Managing Director at CBRE
Forcello was previously a senior director and has led several business units in CBRE during his 15-plus years with the company. Continue Reading Will Forcello Named Managing Director at CBRE
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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