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Lisa Cook’s Attorney Slams Pulte’s Mortgage Fraud Charges, Claiming Partisan Targeting
“There is no fraud, no intent to deceive, nothing whatsoever criminal or remotely a basis to allege mortgage fraud,” said attorney Abbe Lowell. Continue Reading Lisa Cook’s Attorney Slams Pulte’s Mortgage Fraud Charges, Claiming Partisan Targeting
Lisa Cook’s Attorney Slams Pulte’s Mortgage Fraud Charges, Claiming Partisan Targeting
“There is no fraud, no intent to deceive, nothing whatsoever criminal or remotely a basis to allege mortgage fraud,” said attorney Abbe Lowell. Continue Reading Lisa Cook’s Attorney Slams Pulte’s Mortgage Fraud Charges, Claiming Partisan Targeting
Capital One to Close Discover’s Home Equity Lending Business
Capital One Financial Corp. (NYSE: COF) will be shutting down the home equity lending business run by its recently acquired Discover operations. The website for Discover’s home loans business carries a statement that reads, “Discover Home Loans is no longer accepting...
Slate Asset Management Acquires 6-Property Multifamily Portfolio for $226.5 Million
Slate Asset Management, a Chicago-headquartered investor and manager focused on real estate and infrastructure assets, has acquired a six-property, 1,600-unit multifamily portfolio for $226.5 million. The properties in the portfolio are garden-style apartments...
Jade Miller Named CEO at ADISA
The Alternative & Direct Investment Securities Association (ADISA), the trade association for the alternative investments industry, announced the appointment of Jade Miller to the newly created role of CEO. Miller previously served as the president of ADISA’s...
NEWS & CURRENT EVENTS
Connecticut Siblings Charged in Unclaimed Property Fraud Scams
Henry J. White Jr, age 75, and Patricia A. White, age 69, live in the affluent town of Old Greenwich, Connecticu.t Continue Reading Connecticut Siblings Charged in Unclaimed Property Fraud Scams
Mortgage Rates Continue Their Decline
The 30-year fixed-rate mortgage averaged 6.76% as of May 1, down from last week when it averaged 6.81%. Continue Reading Mortgage Rates Continue Their Decline
Century 21 in New Partnership with The Institute for Luxury Home Marketing
The new partners have launched a co-branded quarterly report that provides market data on the luxury home market. Continue Reading Century 21 in New Partnership with The Institute for Luxury Home Marketing
Report: Households Need to Earn $114,000 to Afford a Median-Priced Home
Five of the 10 markets with the highest required incomes to afford a home are in California. Continue Reading Report: Households Need to Earn $114,000 to Afford a Median-Priced Home
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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.
A&D Mortgage Launches Promotion for Northeast Markets
The promotion runs from April 15 to May 31. Continue Reading A&D Mortgage Launches Promotion for Northeast Markets
Study: 38% of Renters Believe They’ll Never Own a Home
Only 8% of Gen Z renters believed they’ll never own a home. Continue Reading Study: 38% of Renters Believe They’ll Never Own a Home
$77 Million Aspen Home Sale Breaks Record for Colorado
A new record was set in the Colorado housing market with the $77 million sale of a 12,655-square-foot home on 60.78 acres of ranchland in Aspen. The Aspen Times reported the 8-bedroom, 11-bathroom home was purchased in a cash deal. The property, which was built in...
McShane Construction Tapped for New Affordable Housing Complex in Madison, Wisconsin
Canyons is one of two affordable housing projects McShane currently has underway for Lincoln Avenue Communities. Continue Reading McShane Construction Tapped for New Affordable Housing Complex in Madison, Wisconsin
CMG Financial Acquires Norcom Mortgage’s Retail Assets
CMG Financial, a mortgage banking firm headquartered in San Ramon, California, announced its retail acquisition of Norcom Mortgage of Hartford, Connecticut. The financial terms of the acquisition were not disclosed. The integration of Norcom Mortgage marks CMG's...
HUD and Indianapolis Take Over Local Housing Agency
HUD and the city government said this action was designed to “restore public confidence” in the IHA. Continue Reading HUD and Indianapolis Take Over Local Housing Agency
Amazon Leases 2 Million SF of California Industrial Space
The expanded industrial property footprints contrast the company’s plans to reduce its office footprint. Continue Reading Amazon Leases 2 Million SF of California Industrial Space
Redfin: Monthly Housing Payments Set New Record
“Housing costs are likely to continue going up for the near future,” said Redfin Economic Research Lead Chen Zhao. Continue Reading Redfin: Monthly Housing Payments Set New Record
Stewart Acquires All New York Title Agency
The financial terms of the acquisition were not announced. Continue Reading Stewart Acquires All New York Title Agency
Vietnamese Real Estate Tycoon Sentenced to Death in $12.5 Billion Fraud Case
The level of her fraud equaled nearly 3% of the country’s 2022 GDP. Continue Reading Vietnamese Real Estate Tycoon Sentenced to Death in $12.5 Billion Fraud Case
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