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Report: Fannie Mae Investigators Fired After Probing Pulte for Possible Misuse of Authority
An FHFA spokesman said the report contained “false and defamatory claims.” Continue Reading Report: Fannie Mae Investigators Fired After Probing Pulte for Possible Misuse of Authority
Report: Fannie Mae Investigators Fired After Probing Pulte for Possible Misuse of Authority
An FHFA spokesman said the report contained “false and defamatory claims.” Continue Reading Report: Fannie Mae Investigators Fired After Probing Pulte for Possible Misuse of Authority
NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
The chief economist with the National Association of Realtors (NAR) has defined today’s housing market as a challenging environment burdened by circumstances beyond its control. Speaking at NAR’s 2025 Realtors Legislative Meetings in Washington, DC, Lawrence Yun...
Utah’s Largest Mansion Goes Up for Auction This Week
Utah’s largest mansion is going up for auction later this week. Mansion Global reports the 154-acre ranch in Hyram, Utah, features a five-level, 40,000-square-foot residence with 10 bedrooms and 18 full and partial bathrooms. The residence also includes a dining room...
North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing
At a time when states and localities are looking to cut property taxes and increase affordable housing, the Board of Commissioners in North Carolina’s Wake County went the opposite route in passing a $2.17 billion budget that raises property taxes and reduces proposed...
NEWS & CURRENT EVENTS
David Mandel Steps Down as CEO at First Source Mortgage Corporation
Mandel will remain as an active member of the board of directors. Continue Reading David Mandel Steps Down as CEO at First Source Mortgage Corporation
Freddie Mac CEO Diana Reid Has Been Fired
The Freddie Mac website currently lists President Mike Hutchins as interim CEO. Continue Reading Freddie Mac CEO Diana Reid Has Been Fired
Canada to Drop Goods and Services Tax for First-Time Home Purchases Under $1 Million
Prime Minister Carney said the tax cut will save Canadians up to $50,000. Continue Reading Canada to Drop Goods and Services Tax for First-Time Home Purchases Under $1 Million
NY Governor Announces RFP for Redeveloping Brooklyn Site
Hochul envisions the site becoming a mixed-use, 100% affordable housing development. Continue Reading NY Governor Announces RFP for Redeveloping Brooklyn Site
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Guaranteed Rate Debuts ‘Lock It, List It’ Program for Real Estate Agents
“Lock it, List it” will also be available for high balance mortgages. Continue Reading Guaranteed Rate Debuts ‘Lock It, List It’ Program for Real Estate Agents
Ray Ferguson Named Board Chairman at PropertyGuru Group
Ferguson currently serves as the chairman of Singlife Group and is on the board of Paragon REIT. Continue Reading Ray Ferguson Named Board Chairman at PropertyGuru Group
CBRE Forecasts Hotel RevPAR Growth Recovery in 2024
The company’s 3% RevPAR growth forecast for 2024 is fueled by a 40 basis-point (bps) occupancy improvement. Continue Reading CBRE Forecasts Hotel RevPAR Growth Recovery in 2024
Mark Willis Returns as Keller Williams CEO
Willis served as the Austin-based company’s president from 2002 to 2005 and as CEO from 2005 to 2015. Continue Reading Mark Willis Returns as Keller Williams CEO
Disney Previews Home Designs for New Cotino Community
“We can’t wait for residents to experience this special place where they will be inspired to live their very best lives,” said Disney’s Claire Bilby. Continue Reading Disney Previews Home Designs for New Cotino Community
Utah Leads the Nation in Home Improvement Loans
The overall average loan amount for Utah’s home improvement loans is $117,835. Continue Reading Utah Leads the Nation in Home Improvement Loans
Rocket Mortgage Faces Second Lawsuit Alleging Telemarketing Overkill
The lawsuit seeks unspecified damages on behalf of “hundreds” of other consumers. Continue Reading Rocket Mortgage Faces Second Lawsuit Alleging Telemarketing Overkill
Sotheby’s International Realty Expands in Upstate New York
The newly added firm is the company’s 60th office in New York State. Continue Reading Sotheby’s International Realty Expands in Upstate New York
Gavin Morgan Joins Grubb Properties as Managing Director for Investments
He was previously managing director and chief operating officer of JLL’s Hong Kong and China offices. Continue Reading Gavin Morgan Joins Grubb Properties as Managing Director for Investments
Leadership Changes Coming to Fannie Mae
President David C. Benson will retire in early to mid-2024 and CEO Priscilla Almodovar will add his title to her duties. Continue Reading Leadership Changes Coming to Fannie Mae
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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