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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
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
Housing Report Finds Most At-Risk Counties in California and New Jersey
The latest Special Housing Risk Report from ATTOM has determined California and New Jersey had high concentrations of counties considered most at-risk during the first quarter. The report identified risk by affordability, proportion of seriously underwater mortgages,...
HomeXpress Mortgage Corp. Acquired by Chimera Investment Corp.
HomeXpress Mortgage Corp., a Santa Ana, California-based national originator of non-QM and business-purpose residential mortgage loans, announced it is being acquired by Chimera Investment Corp. (NYSE: CIM), a real estate investment trust, from Seer Capital...
Mortgage Rates Remain Mostly Flat
Mortgage rates showed the barest of a downward movement in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.84% as of June 12, down slightly from last week when it averaged 6.85%. A year ago...
NEWS & CURRENT EVENTS
Faropoint Makes First Los Angeles Industrial Acquisition
The 36,491-square-foot industrial facility was built in 1963 and is fully leased to four tenants. Continue Reading Faropoint Makes First Los Angeles Industrial Acquisition
San Diego Apartment Property Acquired for $45 Million
The property was built in 1976 and still in its original condition. Continue Reading San Diego Apartment Property Acquired for $45 Million
Rami Hasani Named CFO at UWM Holdings
He will replace Andrew Hubacker, who is moving into a senior advisor role. Continue Reading Rami Hasani Named CFO at UWM Holdings
Real Estate Developer Academy to Open in Jackson, Mississippi
The new academy will offer hands-on training in all key aspects of real estate development. Continue Reading Real Estate Developer Academy to Open in Jackson, Mississippi
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Bundled Management in Partnership with Private Equity Firm
Bundled offers property management, maintenance, and other ancillary services to homeowner associations and real estate investors. Continue Reading Bundled Management in Partnership with Private Equity Firm
Crown Realty Partners Acquires Five-Asset Industrial Portfolio in Ottawa
Three of the buildings were acquired in partnership with Ripple Developments. Continue Reading Crown Realty Partners Acquires Five-Asset Industrial Portfolio in Ottawa
New Home Sales Down in November
The median sales price of new houses sold in November was $434,700 and the average sales price was $488,900. Continue Reading New Home Sales Down in November
New York State’s Inventory of Homes for Sale at Record Low
The state’s median sales prices were up for the fourth consecutive month in year-over-year comparisons. Continue Reading New York State’s Inventory of Homes for Sale at Record Low
Pennsylvania Home Prices Inch Up While Sales and Inventory Decline
“The median sales prices have displayed remarkable stability this year,” said PAR President Al Perry. Continue Reading Pennsylvania Home Prices Inch Up While Sales and Inventory Decline
Involta Acquires Green Bay Property for Colocation Expansion
This acquisition marks Involta’s 13th data center location. Continue Reading Involta Acquires Green Bay Property for Colocation Expansion
New VP at Planet Home Lending to Focus on Construction Loans
Melony Harpe will work with the company’s mortgage loan officers to increase their sales of new home construction loans. Continue Reading New VP at Planet Home Lending to Focus on Construction Loans
Williston Financial Group Subsidiary Acquires Volly
Volly stated that one-third of the nation’s top 30 banks currently use its services. Continue Reading Williston Financial Group Subsidiary Acquires Volly
Movement Mortgage’s Casey Crawford: ‘Make it a Point to Connect’ This Christmas Season
“Give the gift of community to somebody in yours this Christmas season,” he said. Continue Reading Movement Mortgage’s Casey Crawford: ‘Make it a Point to Connect’ This Christmas Season
Florida’s Housing Market Enjoyed a Robust November
Florida had a 3.7-months’ supply of single-family existing homes last month, up 32.1% year-over-year. Continue Reading Florida’s Housing Market Enjoyed a Robust November
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