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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
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...
Philadelphia’s Historic Wanamaker Building to Undergo Office-to-Residential Conversion
The new owner of Philadelphia’s historic Wanamaker Building is planning an office-to-residential conversion that will bring 600 loft-style apartments to the property’s top six floors. According to combined media reports, New York City-based developer TF Cornerstone...
Las Vegas Home Sales Decline Amid Wider Listings
The Las Vegas area recorded a total of 2,646 sales for homes, condos and townhomes sold in May, according to data from Las Vegas Realtors. In a year-over-year measurement, sales fell by 13.1% for homes and by 19% for condos and townhomes. While sales were down last...
NEWS & CURRENT EVENTS
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
Forecast: Increased Investment in Canadian Residential Construction Through 2034
The forecast also predicts residential sector construction employment will increase by 6% from 2024 levels to 2034. Continue Reading Forecast: Increased Investment in Canadian Residential Construction Through 2034
LendingOne in New Partnership with Proptech Blanket
LendingOne’s suite of investor loan solutions will be integrated directly into the Blanket platform. Continue Reading LendingOne in New Partnership with Proptech Blanket
Two Fiji Nationals Sentenced for Multimillion-Dollar Short Sale Fraud
Jyoteshna Karan and Praveen Singh Karan conspired to make straw purchases and short sales of approximately 15 homes. Continue Reading Two Fiji Nationals Sentenced for Multimillion-Dollar Short Sale Fraud
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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
Fed’s Powell: ‘Our Policy Rate is Likely at Its Peak’
“We understand that our actions affect communities, families, and businesses across the country,” he said. Continue Reading Fed’s Powell: ‘Our Policy Rate is Likely at Its Peak’
New York Community Bancorp to Receive Investment of More Than $1 Billion
The bank’s commercial real estate lending fueled its financial tumult. Continue Reading New York Community Bancorp to Receive Investment of More Than $1 Billion
What’s Driving Today’s Homebuyers: Price or Location?
56% of survey respondents cited price as being more important than location, which was cited by 50%. Continue Reading What’s Driving Today’s Homebuyers: Price or Location?
Zillow to Provide Multifamily Rental Listings on Realtor.com
Zillow will begin syndicating multifamily rental listings to Realtor.com later this spring. Continue Reading Zillow to Provide Multifamily Rental Listings on Realtor.com
420 Property Expanding Presence in Canada and Germany
Germany is moving towards legalizing cannabis for recreational use, a first for a major European country. Continue Reading 420 Property Expanding Presence in Canada and Germany
Hilton to Open First Waldorf Astoria Residences Outside of the US
The property is scheduled for completion in 2028. Continue Reading Hilton to Open First Waldorf Astoria Residences Outside of the US
Corey Levin Joins Honigman LLP’s Real Estate Services Practice Group
Levin joins Honigman from Ernst & Young LLP. Continue Reading Corey Levin Joins Honigman LLP’s Real Estate Services Practice Group
Mortgage Applications Up 9.7%
The Refinance Index increased 8% from the previous week and was 2% lower than the same week one year ago. Continue Reading Mortgage Applications Up 9.7%
Disney’s Bob Iger: ‘We Have Thousands of Acres of Land’ for Development
“We could actually build seven new, full lands if we wanted to, around the world,” he said. Continue Reading Disney’s Bob Iger: ‘We Have Thousands of Acres of Land’ for Development
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