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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
FHFA’s Pulte Calls for Congressional Investigation of Fed Chairman Powell
Federal Housing Finance Agency (FHFA) Director Bill Pulte has ratcheted up his criticism of Jerome Powell by calling on Congress to “immediately” investigate the Federal Reserve chairman. In a statement, Pulte called for a congressional investigation of “Chairman...
Report: Pet Friendly Rentals Get Leased Faster
Rental housing property managers can sign new tenants with greater speed by being pet friendly, according to a new data report by Zillow (NASDAQ: Z, ZG). Nearly six in 10 of today’s renters have a pet, up from 46% before the pandemic, and nearly half said they passed...
Refinancing Fuels Upswing in Mortgage Application Activity
Mortgage application activity revved up for the week ending June 27 thanks to an increased level of refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased...
NEWS & CURRENT EVENTS
Existing Home Sales Down by Nearly 6%
The median existing-home price for all housing types in March was $403,700, up 2.7% from the $392,900 price set one year ago. Continue Reading Existing Home Sales Down by Nearly 6%
233 Cities Have Starter Homes Priced at $1 Million
California continues to lead the nation with the most cities offering $1 million starter homes (113). Continue Reading 233 Cities Have Starter Homes Priced at $1 Million
Two Guilty Pleas in Massachusetts Lender Fraud Case
The case involved Louis R. Masaschi, his wife Jeanette Norman and his sister-in-law Christine Gendron. Continue Reading Two Guilty Pleas in Massachusetts Lender Fraud Case
Profit Margins Down for Q1 Home Sales
ATTOM’s Rob Barber noted that “several communities in Florida and California saw the biggest drop offs.” Continue Reading Profit Margins Down for Q1 Home Sales
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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.
Trump Vows Supreme Court Challenge to Prevent Seizure of His Properties
Trump stated that “they can’t take away your property before you’ve had a chance to appeal.” Continue Reading Trump Vows Supreme Court Challenge to Prevent Seizure of His Properties
State Farm to Drop 72,000 Property Insurance Policies in California
The California Department of Insurance reacted to the news by raising concern about State Farm’s financial health. Continue Reading State Farm to Drop 72,000 Property Insurance Policies in California
Compass in $57.5 Million Settlement Over Commission Charges
HomeServices of America is the only major brokerage that has yet to announce a settlement. Continue Reading Compass in $57.5 Million Settlement Over Commission Charges
Bill Introduced to Remove Squatter Rights in New York
“We’re making sure squatters can’t take advantage of the law, that’s all we’re doing,” said Assemblyman Jake Blumencranz. Continue Reading Bill Introduced to Remove Squatter Rights in New York
Kaplan Launches Buyer Agency Professional Designation
The BAP designation requires an eight-hour live online course. Continue Reading Kaplan Launches Buyer Agency Professional Designation
Home Prices and Sales Up in Pennsylvania
February’s home sales totaled 6,934, up from January’s 6,790 sales and roughly the same from February 2023. Continue Reading Home Prices and Sales Up in Pennsylvania
Crow Holdings Acquires 46-Property Manufactured Housing Portfolio
The portfolio’s properties are spread across Florida, Illinois, Indiana, Missouri, Montana and Ohio. Continue Reading Crow Holdings Acquires 46-Property Manufactured Housing Portfolio
University of Rochester Creates New Position to Oversee Real Estate Portfolio
Andrea Tompkins Wright is the new associate vice president for real estate, portfolio management, and planning. Continue Reading University of Rochester Creates New Position to Oversee Real Estate Portfolio
Tim Birkmeier Steps Down as Rocket Mortgage President
The company did not announce a successor. Continue Reading Tim Birkmeier Steps Down as Rocket Mortgage President
NY Attorney General Begins Process to Seize Trump’s Westchester Properties
James’ office entered judgments on March 6 with the clerk’s office in Westchester County, where Trump has a golf course and a private estate called Seven Springs. Continue Reading NY Attorney General Begins Process to Seize Trump’s Westchester Properties
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