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Texas AG Paxton Sues EPIC City Developers for Securities Fraud
“The leaders behind EPIC City have engaged in a radical plot to destroy hundreds of acres of beautiful Texas land and line their own pockets,” said Paxton. Continue Reading Texas AG Paxton Sues EPIC City Developers for Securities Fraud
Texas AG Paxton Sues EPIC City Developers for Securities Fraud
“The leaders behind EPIC City have engaged in a radical plot to destroy hundreds of acres of beautiful Texas land and line their own pockets,” said Paxton. Continue Reading Texas AG Paxton Sues EPIC City Developers for Securities Fraud
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
A new report from the Lincoln Institute of Land Policy and the Center for Geospatial Solutions (CGS) has determined that corporate entities and investors now own 8.9% of residential parcels in 500 counties, or roughly one in 11 parcels. The report observed that...
Lennard Commercial Realty Opens Vancouver Office
Lennard Commercial Realty has opened a new office in Vancouver, the company’s seventh location across Canada. The Vancouver office will be led by Partners Allon Shapiro and Aaron Ulinder, and will offer a full spectrum of commercial real estate brokerage services...
Existing Home Sales Up in October
Existing home sales in October increased by 1.2% from September, according to the National Association of Realtors (NAR). Compared to one year earlier, sales were up 1.7%. A total of 1.52 million units were part of October’s housing inventory, down 0.7% from the prior...
NEWS & CURRENT EVENTS
California Realtors Back Assumable Mortgage Idea
“Assumable loans could play a key role in unlocking housing opportunities for buyers,” said the organization. Continue Reading California Realtors Back Assumable Mortgage Idea
Feds Seize Over $1 Million in Cryptocurrency from Real Estate Fraud Scheme
The Secret Service is working to identify victims eligible for consideration for compensation with the forfeited funds. Continue Reading Feds Seize Over $1 Million in Cryptocurrency from Real Estate Fraud Scheme
Walmart Announces Change in Leadership
Doug McMillon, who held the leadership position at the company since February 2014, will retire on Jan. 31, 2026. Continue Reading Walmart Announces Change in Leadership
FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell
Rep. Eric Swalwell (D-CA) has become the latest target of mortgage fraud accusations leveled by Bill Pulte, the director of the Federal Housing Finance Agency (FHFA). NBC News, sourcing its coverage from an unnamed “person familiar with the referral,” reports that Pulte sent a criminal referral to the Department of Justice (DOJ) alleging Swalwell committed… Continue Reading FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell Continue Reading FHFA’s Pulte Makes Mortgage Fraud Referral Against Trump Foe Rep. Swalwell
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CMBS Delinquency Rate Falls After 6 Months of Increases
Year-over-year, the overall CMBS delinquency rate is up 153 basis points from 5.70% Continue Reading CMBS Delinquency Rate Falls After 6 Months of Increases
Luxury Home Sales Rise While Sales Activity Declines
“Sales have slowed across all price tiers, and luxury homes are no exception,” said Redfin Senior Economist Sheharyar Bokhari. Continue Reading Luxury Home Sales Rise While Sales Activity Declines
FCP Expands into Las Vegas with Apartment Community Acquisition
The financial terms of the deal were not disclosed. Continue Reading FCP Expands into Las Vegas with Apartment Community Acquisition
169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
CBRE represented the seller, an affiliate of First Atlantic, LLC, and procured the buyer, an affiliate of Heritage Housing Inc. Continue Reading 169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
Corcoran Group Announces First Franchise in New Mexico
The firm will serve clients across the New Mexico capital city and in the surrounding areas up to the Colorado border. Continue Reading Corcoran Group Announces First Franchise in New Mexico
Kendra Newman Named General Counsel at Keller Williams
Newman joined KW in August 2021 as vice president and deputy general counsel. Continue Reading Kendra Newman Named General Counsel at Keller Williams
Attorneys General of 5 States Sue Zillow and Redfin Over Rental Housing Agreement
“This agreement between Zillow and Redfin not to compete is illegal,” said Virginia Attorney General Jason Miyares. Continue Reading Attorneys General of 5 States Sue Zillow and Redfin Over Rental Housing Agreement
Connecticut Offers Free Risk Mapping Tool to Assess Climate Threats to Properties
“Climate risk is a reality today, not tomorrow,” said Matthew Eby, founder and CEO of First Street. Continue Reading Connecticut Offers Free Risk Mapping Tool to Assess Climate Threats to Properties
Acting FDIC Chairman Travis Hill Nominated for Permanent Role
Hill has been serving as acting chairman since Jan. 20. Continue Reading Acting FDIC Chairman Travis Hill Nominated for Permanent Role
Supreme Court Rules Lisa Cook Can Stay at the Fed for Now
The court will hear the arguments in this case in January, and its ruling will remain in place until there is a final ruling. Continue Reading Supreme Court Rules Lisa Cook Can Stay at the Fed for Now
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