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UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Two Harbors is one of the nation’s largest servicers through its wholly owned subsidiary RoundPoint Mortgage Servicing LLC. Continue Reading UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Two Harbors is one of the nation’s largest servicers through its wholly owned subsidiary RoundPoint Mortgage Servicing LLC. Continue Reading UWM Acquires REIT Two Harbors Investment Corp. for $1.3 Billion
Mortgage Application Activity Slows Again
Mortgage application activity declined during the week ending Nov. 28, according to data from the Mortgage Bankers Association (MBA). The data included an adjustment for the Thanksgiving holiday. The Market Composite Index, the MBA’s measure of mortgage loan...
FHFA Gives Green Light for Use of FICO 10T Score Data
FICO (NYSE: FICO) announced it has reached an agreement with the Federal Housing Finance Agency (FHFA) for the release of the FICO Score 10T data to the government-sponsored enterprises Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). FICO said the three credit...
Children’s Publisher Scholastic Corporation Sells Real Estate Assets
Scholastic Corporation (NASDAQ: SCHL), the children's publishing, education and media company, has entered into sale-leaseback transactions for its New York City headquarters and its primary distribution facility in Jefferson City, Missouri, which together are...
NEWS & CURRENT EVENTS
Hits and Misses for the Real Estate Week of Nov. 17-21
An affordability challenge in rural America, Canadian and American renters consider the pursuit of homeownership, and Arkansas realtors helping communities facing food insecurity. Continue Reading Hits and Misses for the Real Estate Week of Nov. 17-21
Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
“There is a perception that housing outside of the GTA is still somewhat affordable, but that’s not true,” said Austin Thompson, senior policy analyst with the Fraser Institute. Continue Reading Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
Mississippi Museum of Art Acquires Frank Lloyd Wright-Designed House
The property, which is dubbed “Fountainhead,” was added to the National Registry of Historic Places in 1980. Continue Reading Mississippi Museum of Art Acquires Frank Lloyd Wright-Designed House
St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
Eligible tenants will receive funds for one-time assistance, equal to one month of rent, based on the federal government’s fair market rates established. Continue Reading St. Louis Creates Impacted Tenants’ Fund for Displaced Renters
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Hospitality at Work Acquires Vector Property Services
The financial terms of the deal were not disclosed. Continue Reading Hospitality at Work Acquires Vector Property Services
Mortgage Rates Go Into Decline
The 30-year fixed-rate mortgage averaged 6.30% as of Oct. 9. Continue Reading Mortgage Rates Go Into Decline
St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
During the five years analyzed by the report, Black homebuyers purchased homes that are 40% to 58% lower in price than those of non-Black buyers. Continue Reading St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
6 Indictments Announced in Deed Theft of $1 Million Harlem Brownstone
“During a time when housing is scarce, I will not stand for fraudsters coming to Harlem to try and perpetrate these pernicious schemes,” said Manhattan District Attorney Alvin Bragg. Continue Reading 6 Indictments Announced in Deed Theft of $1 Million Harlem Brownstone
Coalition of San Francisco Community Groups and Unions Urge Boycott of Airbnb
The coalition said their boycott was “motivated by Airbnb’s ties to President Trump’s anti-worker agenda.” Continue Reading Coalition of San Francisco Community Groups and Unions Urge Boycott of Airbnb
Clark County Commissioners Give OK for $2 Billion Las Vegas A’s Stadium
The commissioners in Nevada’s Clark County have unanimously voted their approval of the $2 billion Las Vegas baseball stadium for the Athletics franchise. SportsPro.com reports the county’ approval clears the process that will enable the team to access up to $380...
Mortgage Credit Availability Edged Up in September
“Mortgage credit availability increased to its highest level in four months,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Edged Up in September
Syracuse University Launches Master of Science Real Estate Program
The one-year, on-campus program can be completed in one calendar year, with flexibility for students who prefer a longer timeline. Continue Reading Syracuse University Launches Master of Science Real Estate Program
Arrest Made in Connection with California’s Deadly Palisades Fire
Jonathan Rinderknecht was an Uber driver and former Pacific Palisades resident. Continue Reading Arrest Made in Connection with California’s Deadly Palisades Fire
UMH Properties Acquires Georgia Manufactured Home Community for $2.6 Million
The 43-acre community contains 130 developed homesites, of which 32% are occupied. Continue Reading UMH Properties Acquires Georgia Manufactured Home Community for $2.6 Million
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