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Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
At the other end of the spectrum, about 2.8% of mortgaged residential properties were considered seriously underwater in the third quarter. Continue Reading Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
At the other end of the spectrum, about 2.8% of mortgaged residential properties were considered seriously underwater in the third quarter. Continue Reading Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
DCHFA Names Melissa Lee as CFO
The District of Columbia Housing Finance Agency (DCHFA) announced the appointment of Melissa Lee as its new chief financial officer (CFO). She succeeds Steve Clinton, who has retired. Lee was previously CFO of Planned Parenthood of Maryland Inc. Earlier in her career,...
MBA Chief: Trump Team ‘Understands Housing and Real Estate Finance’
The chief executive of the Mortgage Bankers Association (MBA) praised the Trump administration for having a strong understanding of how the housing market operates. Speaking before the trade group’s 2025 Secondary and Capital Markets Conference, MBA President and CEO...
SEC Brings Fraud Charges Against Unicoin Over False Real Estate Claims
The Securities and Exchange Commission (SEC) has charged New York City-based Unicoin Inc., a cryptocurrency company, with making false and misleading statements in an offering of certificates that purportedly conveyed rights to receive crypto assets called Unicoin...
NEWS & CURRENT EVENTS
California Gives Provisional Approval for State Farm’s 22% Rate Hike
State Farm is California’s largest home insurer, with more than 1 million customers. Continue Reading California Gives Provisional Approval for State Farm’s 22% Rate Hike
Nebraska Contractor Indicted for Defrauding Customers
Bobby Bates Sr. is charged with two counts of wire fraud. Continue Reading Nebraska Contractor Indicted for Defrauding Customers
Seattle’s Mayor Seeks $45 Million Property Tax Hike to Fund Political Campaigns
The proposed tax would be levied over 10 years for the funding of the Democracy Voucher Program. Continue Reading Seattle’s Mayor Seeks $45 Million Property Tax Hike to Fund Political Campaigns
Manhattan’s Median Apartment Rent at $4,500 in February
Last month’s figure broke the earlier record of $4,400 set in August 2023. Continue Reading Manhattan’s Median Apartment Rent at $4,500 in February
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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.
The World’s Most Expensive City Is…
The Syrian capital Damascus ranked last among the 173 cities in the report. Continue Reading The World’s Most Expensive City Is…
CyberCatch Holdings Debuts Tool for Nonbanks to Achieve FTC Cybersecurity Compliance
Sai Huda, CyberCatch’s founder and CEO, said, “Our new solution also enables six times faster compliance accurately.” Continue Reading CyberCatch Holdings Debuts Tool for Nonbanks to Achieve FTC Cybersecurity Compliance
Hits and Misses of the Real Estate Week Nov. 27-Dec. 1
This week’s Hits and Misses include a Taylor Swift-inspired auction, two major cities winning global events and people who want the housing market to crash. Continue Reading Hits and Misses of the Real Estate Week Nov. 27-Dec. 1
CMBS Delinquency Rate Drops by Five Basis Points
The office sector delinquency rate spiked by 33 basis points to 6.08%. Continue Reading CMBS Delinquency Rate Drops by Five Basis Points
Jef Conn Named 2024 Board Chairman of Texas Realtors
He served as president of the Lubbock Association of Realtors in 2017. Continue Reading Jef Conn Named 2024 Board Chairman of Texas Realtors
MBA’s Broeksmit Expresses ‘Significant Concern’ Over Pausing Foreclosures on VA-Guaranteed Loans
“The VA needs to provide a detailed plan on how servicers will be reimbursed for advancing payments on behalf of borrowers,” he said. Continue Reading MBA’s Broeksmit Expresses ‘Significant Concern’ Over Pausing Foreclosures on VA-Guaranteed Loans
UMH Properties and Nuveen Real Estate in Manufactured Housing Joint Venture
UMH will have the right to purchase the community from the joint venture after a certain period of time. Continue Reading UMH Properties and Nuveen Real Estate in Manufactured Housing Joint Venture
Pineapple Financial Opens New Office in Metro Vancouver Area
The new location in Coquitlam, British Columbia, will serve as the central hub for the company’s Western Canada operations. Continue Reading Pineapple Financial Opens New Office in Metro Vancouver Area
Jeff Pancer Joins First Community Mortgage as EVP of Capital Markets
Prior to joining FCM, he was senior vice president of secondary markets at CMG Financial. Continue Reading Jeff Pancer Joins First Community Mortgage as EVP of Capital Markets
Samuel Harrity Joins Kiavi as SVP of Capital Markets
Prior to joining Kiavi, he was the head of capital markets for Mynd, a tech-enabled platform. Continue Reading Samuel Harrity Joins Kiavi as SVP of Capital Markets
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