Featured Real Estate News
Judge Dismisses Defamation Lawsuit Brought by Fired Fannie Mae Workers Against FHFA’s Pulte
A federal judge has dismissed a defamation lawsuit filed by 61 former Fannie Mae (OTCQB: FNMA) employees against Bill Pulte, director of the Federal Housing Finance Agency (FHFA), who claimed without producing evidence that they were fired for making fraudulent...
Judge Dismisses Defamation Lawsuit Brought by Fired Fannie Mae Workers Against FHFA’s Pulte
Pulte has yet to publicly produce evidence that the former employees received kickbacks. Continue Reading Judge Dismisses Defamation Lawsuit Brought by Fired Fannie Mae Workers Against FHFA’s Pulte
Sanders and AOC Seek Moratorium on AI Data Center Construction
Sen. Bernie Sanders (I-VT) and Rep. Alexandria Ocasio-Cortez (D-NY) have introduced legislation designed to halt construction on AI data centers, claiming they are a threat to democracy and humanity. The Artificial Intelligence (AI) Data Center Moratorium Act would...
Mortgage Application Payments Decreased in February
The national median mortgage payment during February was $2,061. down $9 from January and down by $144 (6.5%) from one year earlier. According to data from the Mortgage Bankers Association (MBA), last month’s national median mortgage payment for conventional loan...
238-Unit Mixed-Income Apartment Building Opens in New Haven
Winchester Partners, a joint venture between the developers LMXD and Twining Properties, has announced the opening of The Winston, a 283-unit mixed-income apartment building in New Haven, Connecticut. The five-story building as 57 units, or 20% of the residences, set...
News & Current Events
‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027
Burry added that the housing market was “in for a long winter” if current economic conditions remain or worsen. Continue Reading ‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027
Escrow Abuse in the Spotlight: What the McKenna Case Means for Real Estate Professionals
A New York real estate attorney has been sentenced for a $4.4 million escrow fraud tied to COVID-era funds. Here’s what the case means for agents, lenders, and protecting trust in every transaction. Continue Reading Escrow Abuse in the Spotlight: What the McKenna Case Means for Real Estate Professionals
Elite International Realty Launches Invite-Only Luxury Division
Signature Collection listings will be exclusive to luxury clients and will feature distinct branding and tailored marketing strategies. Continue Reading Elite International Realty Launches Invite-Only Luxury Division
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Mortgage Application Activity Remains Flat as Credit Availability Increases
The FHA share of total applications increased to 18.4% from 17.8% the week prior. Continue Reading Mortgage Application Activity Remains Flat as Credit Availability Increases
The Iowa Bears? Hawkeye State Eyes Chicago Team
Iowa’s pitch comes as some Indiana lawmakers have hit the brakes on their state’s efforts to attract the Bears. Continue Reading The Iowa Bears? Hawkeye State Eyes Chicago Team
QXO Acquires Kodiak Building Partners for $2.25 Billion
Kodiak reported roughly $2.4 billion of revenues last year. Continue Reading QXO Acquires Kodiak Building Partners for $2.25 Billion
Connecticut Developer-Builder Suddenly Dies Shortly Before Facing Fraud Trial
William Ferrigno’s criminal trial was slated to begin on March 11. Continue Reading Connecticut Developer-Builder Suddenly Dies Shortly Before Facing Fraud Trial
California Real Estate Investor Pleads Guilty in $9 Million Fraud Case
Matthew Campbell is scheduled to be sentenced on May 11 and faces a maximum statutory penalty of 20 years in prison and a fine of up to $250,000. Continue Reading California Real Estate Investor Pleads Guilty in $9 Million Fraud Case
New Report Predicts Weak Canadian Housing Market for 2026
The report also forecasted Canada’s economy will grow slowly in 2026 based on geopolitical and trade uncertainty, significantly lower population growth, soft labor markets and modest income growth. Continue Reading New Report Predicts Weak Canadian Housing Market for 2026
Illinois Makes Renewed Effort to Keep the Chicago Bears from Going to Indiana
“We’re in consistent conversation with the Chicago Bears,” Gov. Pritzker said during a Monday press conference. Continue Reading Illinois Makes Renewed Effort to Keep the Chicago Bears from Going to Indiana
Property Records Platform Dono Raises $6.5 Million in Seed Round
Dono started in title insurance, working with title underwriters and national title agencies, and it has received demand expand into adjacent markets. Continue Reading Property Records Platform Dono Raises $6.5 Million in Seed Round
New Presidents Named at Fathom Realty, Compass
Lori Muller and Neva Nabab will lead Fathom Realty and Compass, respectively. Continue Reading New Presidents Named at Fathom Realty, Compass