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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
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
A new report from the Lincoln Institute of Land Policy and the Center for Geospatial Solutions (CGS) has determined that corporate entities and investors now own 8.9% of residential parcels in 500 counties, or roughly one in 11 parcels. The report observed that...
Lennard Commercial Realty Opens Vancouver Office
Lennard Commercial Realty has opened a new office in Vancouver, the company’s seventh location across Canada. The Vancouver office will be led by Partners Allon Shapiro and Aaron Ulinder, and will offer a full spectrum of commercial real estate brokerage services...
Existing Home Sales Up in October
Existing home sales in October increased by 1.2% from September, according to the National Association of Realtors (NAR). Compared to one year earlier, sales were up 1.7%. A total of 1.52 million units were part of October’s housing inventory, down 0.7% from the prior...
NEWS & CURRENT EVENTS
Dirk Wakeham Named President and CEO at RealPage
He was previously president of RealPage following its acquisition of LeasingDesk, the company he founded. Continue Reading Dirk Wakeham Named President and CEO at RealPage
Mortgage Application Activity Takes a 0.6% Uptick
Among the federal programs, the FHA share of total applications increased to 19.4% from 18.5% the week prior. Continue Reading Mortgage Application Activity Takes a 0.6% Uptick
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
The Best Day for Buying a House Is…
Buyers who close on Christmas Eve enjoyed the lowest premium above the automated valuation model. Continue Reading The Best Day for Buying a House Is…
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TransUnion: More People Sharing Rent Payment Data with Credit Reporting Agencies
The report found more than half of renters (57%) are more likely to rent from a property manager who reports payments. Continue Reading TransUnion: More People Sharing Rent Payment Data with Credit Reporting Agencies
Interior Dept. Proposes Junking Biden-Era Conservation Rule on Public Lands
The proposed rule is now open to a 60-day comment period, with input welcomed from the public. Continue Reading Interior Dept. Proposes Junking Biden-Era Conservation Rule on Public Lands
MISMO Publishes Standard for Electronic HELOCs
The SMART Doc V3 Verifiable Profile allows document data to travel with the PDF and then be automatically verified with the document image. Continue Reading MISMO Publishes Standard for Electronic HELOCs
Senate Banking Committee Approves Miran’s Nomination for Fed Board
Miran will require confirmation from the full Senate within the next few days if he is to participate in the Fed’s next rate policy meeting. Continue Reading Senate Banking Committee Approves Miran’s Nomination for Fed Board
Denver Broncos Unveil Plans for New Stadium
The new stadium is being scheduled to be completed in time for the 2031 NFL season. Continue Reading Denver Broncos Unveil Plans for New Stadium
Mortgage Application Activity Up 9.2%
The seasonally adjusted Purchase Index increased 7% from one week earlier but the unadjusted index retreated by 6%. Continue Reading Mortgage Application Activity Up 9.2%
Judge Temporarily Blocks Trump from Removing Lisa Cook from the Fed
“Removal was not meant to be based on the President’s assumptions about the official’s future performance as extrapolated from unproven conduct dating from before they assumed the office,” said Judge Cobb, Continue Reading Judge Temporarily Blocks Trump from Removing Lisa Cook from the Fed
Zillow Rolls Out AI-Powered Virtual Staging Feature
Virtual Staging is the first major integration of technology from Virtual Staging AI, which was first introduced through Zillow’s October 2024 acquisition of that company. Continue Reading Zillow Rolls Out AI-Powered Virtual Staging Feature
Compass Taps Ethan Glass as Chief Legal Officer
Glass most recently served as head of the global antitrust and competition practice at Cooley LLP. Continue Reading Compass Taps Ethan Glass as Chief Legal Officer
Florida Lawmakers Will Not Pursue DeSantis Agenda on Property Tax Reform
Last month, DeSantis pledged to put forth a “concrete proposal” that will either end or severely slash his state’s property taxes. Continue Reading Florida Lawmakers Will Not Pursue DeSantis Agenda on Property Tax Reform
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