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FHFA’s Pulte Pitches Investing in Fannie Mae and Freddie Mac Ahead of Potential IPO
Pulte claimed on X that the president was “opportunistically evaluating an offering” that might be conducted “as early as the end of 2025.” Continue Reading FHFA’s Pulte Pitches Investing in Fannie Mae and Freddie Mac Ahead of Potential IPO
FHFA’s Pulte Pitches Investing in Fannie Mae and Freddie Mac Ahead of Potential IPO
Pulte claimed on X that the president was “opportunistically evaluating an offering” that might be conducted “as early as the end of 2025.” Continue Reading FHFA’s Pulte Pitches Investing in Fannie Mae and Freddie Mac Ahead of Potential IPO
Sen. Warren Slams Rocket Companies’ Acquisitions, GSE Privatization
Sen. Elizabeth Warren (D-MA) has taken aim at the Trump administration for failing to question Rocket Companies’ (NYSE: RKT) recent acquisition announcements and for seeking to privatize Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). Reuters reports Warren...
New Jersey Man Pleads Guilty to Real Estate-Based Tax Evasion
A New Jersey man pleaded guilty to tax evasion that involved him buying property with the funds meant for the IRS. According to the charges brought against him, Matthew Tucci of West Long Branch, New Jersey, filed tax returns that stated he owed more than $2 million...
NAMB Taps Ginger Bell to Become Growth Officer
The National Association of Mortgage Brokers (NAMB) has announced the appointment of Ginger Bell as its growth officer. Bell is the founder and CEO of Go2Training, a company the provides customized training solutions to mortgage companies, lenders, and industry...
NEWS & CURRENT EVENTS
Starwood Capital Group Completes $800 Million Purchase of Portfolio of 11 Master-Planned Communities
“This is a high-quality portfolio created by a first-class investment manager and developer,” said Mike Moser, CEO of Starwood Land. Continue Reading Starwood Capital Group Completes $800 Million Purchase of Portfolio of 11 Master-Planned Communities
Kingsbarn Realty Capital Buys Hollywood Office Building for $105 Million
The property is 100% leased as the corporate headquarters for Skims Body Inc. Continue Reading Kingsbarn Realty Capital Buys Hollywood Office Building for $105 Million
Fraudster Awaiting Sentencing for RV Site Scams Hit with New Charges for Similar Scheme
Craig Douglas McMorran is now facing a new charge of fraud over $5,000. Continue Reading Fraudster Awaiting Sentencing for RV Site Scams Hit with New Charges for Similar Scheme
Q1 Sales Up 29% in Manhattan Luxury Apartment Market
58% of the sales in the quarter were all-cash deals. Continue Reading Q1 Sales Up 29% in Manhattan Luxury Apartment Market
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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.
Mortgage Rates Dip, But Still Close to 7%
The 30-year fixed-rate mortgage averaged 6.88% as of March 7, down from last week when it averaged 6.94%. Continue Reading Mortgage Rates Dip, But Still Close to 7%
The Best Month For Selling a House Is…
“The best time to list is when it makes the most sense for their lives,” said Zillow Chief Economist Skylar Olsen. Continue Reading The Best Month For Selling a House Is…
Three States Have 34 of the 50 Most At-Risk County Housing Markets
The Midwest and South had the most markets considered least likely to decline. Continue Reading Three States Have 34 of the 50 Most At-Risk County Housing Markets
Q4 2023 Home Equity Up by 8.6%
The total number of mortgaged homes in negative equity decreased by 1.1% to 1 million homes, or 1.8% of all mortgaged properties. Continue Reading Q4 2023 Home Equity Up by 8.6%
Biden’s State of the Union Speech to Avoid Housing and Commercial Real Estate Challenges
The Biden agenda proposes increasing the corporate tax rate to 28% and the corporate minimum tax to 21%. Continue Reading Biden’s State of the Union Speech to Avoid Housing and Commercial Real Estate Challenges
Appeals Court Restores ‘Mansion Tax’ Referendum to Chicago Ballot
Properties sold for $1.5 million or more would be forced to pay a 3% transfer tax, which is four times the current rate. Continue Reading Appeals Court Restores ‘Mansion Tax’ Referendum to Chicago Ballot
Fannie Mae Upgrades Data Validation Capabilities in Desktop Underwriter
“We are removing a hurdle from the loan application process,” said Cyndi Danko, senior vice president and single-family chief credit officer. Continue Reading Fannie Mae Upgrades Data Validation Capabilities in Desktop Underwriter
Church of Jesus Christ of Latter-day Saints Acquires Historic Kirtland Temple
“We are deeply honored to assume the stewardship of these sacred places, documents, and artifacts,” said Russell M. Nelson, president of the Church of Jesus Christ of Latter-day Saints. Continue Reading Church of Jesus Christ of Latter-day Saints Acquires Historic Kirtland Temple
HUD Allocates $10 Million in Grants to Housing Counseling Agencies
HUD said the funds will be used “to increase homeownership rates among historically underserved communities.” Continue Reading HUD Allocates $10 Million in Grants to Housing Counseling Agencies
Rick Kedzior Becomes 2024 President of the Ontario Real Estate Association
OREA also announced the election of Cathy Polan as 2024 president-elect. Continue Reading Rick Kedzior Becomes 2024 President of the Ontario Real Estate Association
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