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Report: DOJ and FBI Probing Pulte for Possible Misconduct in Mortgage Fraud Referrals
Pulte did not issue any public response to the story. Continue Reading Report: DOJ and FBI Probing Pulte for Possible Misconduct in Mortgage Fraud Referrals
Report: DOJ and FBI Probing Pulte for Possible Misconduct in Mortgage Fraud Referrals
Pulte did not issue any public response to the story. Continue Reading Report: DOJ and FBI Probing Pulte for Possible Misconduct in Mortgage Fraud Referrals
Residential Transition Lender Dunmor Opens Wholesale Broker Division
Dunmor, a Los Angeles-based nationwide direct lender in residential transition loans, has launched a wholesale broker division. According to the company, the new division will enable wholesale mortgage brokers to offer residential transition loans to their clients....
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...
NEWS & CURRENT EVENTS
Mortgage Application Activity Remains Weak
The seasonally adjusted Purchase Index was down by 4% from one week earlier while the unadjusted index fell 3%. Continue Reading Mortgage Application Activity Remains Weak
Arizona State University to Offer Bachelor of Science in Real Estate and Applied Finance
The program will deliver a hands-on, interdisciplinary experience using site visits, immersive projects, and professional exposure. Continue Reading Arizona State University to Offer Bachelor of Science in Real Estate and Applied Finance
Bubble, Bubble, Toilet Trouble? 76% of Homeowners Underestimate Major Plumbing Repair Costs
One in six homeowners are currently delaying a plumbing repair due to cost. Continue Reading Bubble, Bubble, Toilet Trouble? 76% of Homeowners Underestimate Major Plumbing Repair Costs
Bill to Upgrade Affordable Housing Program Credit Introduced in Senate
The new version of the legislation seeks to increase the number of credits allocated to each state by 50% for the next two years. Continue Reading Bill to Upgrade Affordable Housing Program Credit Introduced in Senate
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DeSantis Signs Bills Enabling Florida Police Eviction of Squatters
“The squatter scam ends today,” said the governor. Continue Reading DeSantis Signs Bills Enabling Florida Police Eviction of Squatters
NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing
The groups said a confirmation “will sustain the current flow of mortgage capital to home buyers without change or delay.” Continue Reading NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing
Pending Home Sales Up in February
NAR’s Pending Home Sales Index increased to 75.6 in February. Continue Reading Pending Home Sales Up in February
Home Depot Acquires Roofing and Building Supply Firm SRS Distribution
The Home Depot (NYSE:HD) is acquiring SRS Distribution Inc., a residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor, for $18.25 billion. SRS employs a 2,500-plus professional sales...
ATTOM: Home Affordability Remained Elusive During Q1
Major expenses on median-priced homes consumed 32.3% of the average national wage in the first quarter. Continue Reading ATTOM: Home Affordability Remained Elusive During Q1
The Best City to Move to in 2024 Is…
Omaha scored a perfect 100 out of 100 based on the point system. Continue Reading The Best City to Move to in 2024 Is…
Wisconsin Records 21% Year-Over-Year Spike in New Home Listings
Total listings increased 7.5% in the state year-over-year, which was credited for the 3.1% annual uptick in home sales. Continue Reading Wisconsin Records 21% Year-Over-Year Spike in New Home Listings
Brennan Investment Group Begins Construction on Texas Cross-Dock Facility
The facility, which will encompass 393,796 square feet, is expected to be completed by December. Continue Reading Brennan Investment Group Begins Construction on Texas Cross-Dock Facility
Sitzer/Burnett Plaintiff: ‘Realtors Are Controlled by a Huge Spider Web’
NAR refuted the notion that it maintained arachnoid-level control over realtors. Continue Reading Sitzer/Burnett Plaintiff: ‘Realtors Are Controlled by a Huge Spider Web’
Guest Opinion: Stop China From Buying US Agricultural Land
China doesn’t allow American companies to own their land – they don’t even allow their people to own land. Continue Reading Guest Opinion: Stop China From Buying US Agricultural Land
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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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