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Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Matthew Thomas Onofrio netted at least $35 million from his fraudulent scheme before being caught. Continue Reading Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Matthew Thomas Onofrio netted at least $35 million from his fraudulent scheme before being caught. Continue Reading Minnesota Real Estate Investor Sentenced for $420 Million Bank Fraud Scheme
Fannie and Freddie Conforming Loan Limits Raised for 2026
The Federal Housing Finance Agency (FHFA) has raised the conforming loan limit values for the one-unit mortgages Fannie Mae and Freddie Mac will acquire in 2026 to $832,750, an increase of $26,250 from 2025. The increase is linked to the 3.26% house price increase...
Report: Home Delistings Up 28% Year-Over-Year
Nearly 85,000 home sellers took their properties off the market in September, a 28% year-over-year increase and the highest delisting level for that month in eight years, according to a new report from Redfin. Nationwide, 5.5% of all home listings were taken off the...
Pending Home Sales Up by Nearly 2%
Pending home sales in October were up by 1.9% from September and were down by a slight 0.4% from on year earlier, according to data from the National Association of Realtors (NAR). On a regional basis, month-over-month pending home sales were up in the Northeast,...
NEWS & CURRENT EVENTS
Report: Chicago Property Taxes See Largest Hike in 30 Years
The city is offering an installment plan with interest for homeowners who are unable to pay their total property tax bill at one time. Continue Reading Report: Chicago Property Taxes See Largest Hike in 30 Years
University of Arizona Snags $60 Million Deal for Stadium Naming Rights
Casino Del Sol is an enterprise of the Pascua Yaqui Tribe. Continue Reading University of Arizona Snags $60 Million Deal for Stadium Naming Rights
SIOR Inducts Officers for 2025-2026 Term
Saadia Sheikh, CEO and founder of the Dallas- and New York City-based advisory firm Powersense, was named global president. Continue Reading SIOR Inducts Officers for 2025-2026 Term
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
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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.
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
Mortgage Application Activity Drops by Nearly 13%
The Refinance Index plummeted by 21% from the previous week. Continue Reading Mortgage Application Activity Drops by Nearly 13%
NAR Warns of Disruptions to NFIP if Government Shutdown Drags On
NAR noted that the shutdown has resulted in the halting of NFIP’s authority to issue new policies. Continue Reading NAR Warns of Disruptions to NFIP if Government Shutdown Drags On
New ATTOM Tool Identifies True Owners Controlling Properties
“Property ownership has gotten more complex, and public records do not always tell the full story,” said ATTOM’s Todd Teta. Continue Reading New ATTOM Tool Identifies True Owners Controlling Properties
MISMO Releases AI Glossary for Mortgage Finance Industry
The glossary will be updated as new AI advancements emerge. Continue Reading MISMO Releases AI Glossary for Mortgage Finance Industry
New Cricket Stadium Planned for Metro Atlanta Area
The stadium will be based at part of the 180-acre mixed-use Sola LaGrange development. Continue Reading New Cricket Stadium Planned for Metro Atlanta Area
FinCEN Delays Implementing Residential Real Estate Transfers Rule
The RRE Rule was announced in August 2024 and slated to go into effect on Dec. 1. Continue Reading FinCEN Delays Implementing Residential Real Estate Transfers Rule
Gov. DeSantis Announces Miami Site as Future Home of Trump Presidential Library
The parcel is currently utilized as an employee parking lot for Miami Dade College’s Wolfson Campus. Continue Reading Gov. DeSantis Announces Miami Site as Future Home of Trump Presidential Library
FTC Sues Zillow and Redfin Over ‘Unlawful Agreement’ on Rental Housing Listings
The FTC warned the agreement could create higher prices and worse terms for multifamily unit advertising. Continue Reading FTC Sues Zillow and Redfin Over ‘Unlawful Agreement’ on Rental Housing Listings
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