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NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Ken Yiu faces up to 30 years in prison and a maximum fine of $1 million for the mortgage fraud count and 20 years in prison and a maximum fine of $500,000 for the drug count. Continue Reading NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Ken Yiu faces up to 30 years in prison and a maximum fine of $1 million for the mortgage fraud count and 20 years in prison and a maximum fine of $500,000 for the drug count. Continue Reading NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Mortgage Application Activity Tumbles by 5.2%
Mortgage application activity dropped during the week ending Nov. 14, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.2% on a seasonally adjusted basis from...
California Home Sales at Highest Level Since February
California home sales during October reached their highest level since February, according to data from the California Association of Realtors (CAR). Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized...
REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
October’s home sales were up 3.2% year-over-year across 51 metro areas surveyed by the REMAX National Housing Report. This marks the fifth month in 2025 where sales exceeded last year's levels. Sales were also up month-over-month, with a 1.7% upswing from September....
NEWS & CURRENT EVENTS
Wendy’s to Close Hundreds of US Restaurants
This is the second time in a year that Wendy’s began closing scores of restaurants. Continue Reading Wendy’s to Close Hundreds of US Restaurants
Mortgage Credit Availability at 3-Year High
“Credit availability in October rose to its highest level since 2022 as investors broadened their loan offerings over the month,” said MBA’s Joel Kan Continue Reading Mortgage Credit Availability at 3-Year High
Hits and Misses for the Real Estate Week of Nov. 3-7
Fewer first-time buyers in the housing market, the firing of the FHFA’s inspector general, and the comeback for a historic Salt Lake City theater. Continue Reading Hits and Misses for the Real Estate Week of Nov. 3-7
$37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
The three-acre estate features a 15,000-square-foot residence with seven bedrooms. Continue Reading $37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
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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.
CFPB’s Vought: Government Accountability Office ‘Should Not Exist’
Gene Dodaro, the comptroller general of the GAO, said, “Clearly Russell Vought does not value transparency and accountability.” Continue Reading CFPB’s Vought: Government Accountability Office ‘Should Not Exist’
Report: DOJ Begins Criminal Probe into Mortgage Fraud Accusations Against Fed Gov. Lisa Cook
It is unclear how long the DOJ probe will take to complete. Continue Reading Report: DOJ Begins Criminal Probe into Mortgage Fraud Accusations Against Fed Gov. Lisa Cook
FHFA’s Pulte: ‘Jay Powell Doesn’t Like Our President’
Pulte refused to answer questions on the mortgage fraud allegations raised against Trump ally Ken Paxton. Continue Reading FHFA’s Pulte: ‘Jay Powell Doesn’t Like Our President’
74-Year-Old Florida Man Arrested in Real Estate Investment Fraud Scheme
This is not the first time that Jerald Benjamin Clawson ran afoul of the law. Continue Reading 74-Year-Old Florida Man Arrested in Real Estate Investment Fraud Scheme
Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
The governor established an annual Maryland Housing Leadership Awards to recognize jurisdictions that make progress on their housing development goals. The Continue Reading Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
Toronto Home Sales Rise as Prices Decline
The average selling price of $1.02 million was down by 5.2% compared to one year earlier. Continue Reading Toronto Home Sales Rise as Prices Decline
Argentina Recovers Nazi-Looted Artwork Spotted in Online Real Estate Listing
Last month, the long-lost painting was seen in the interior of Patricia Kadgien’s Buenos Aires home. Continue Reading Argentina Recovers Nazi-Looted Artwork Spotted in Online Real Estate Listing
San Francisco Mayor Supports Parcel Tax on Properties to Fund Ailing Mass Transit System
“We believe that a parcel tax is the best mechanism to generate the level of funding needed to support Muni service,” said Mayor Lurie. Continue Reading San Francisco Mayor Supports Parcel Tax on Properties to Fund Ailing Mass Transit System
Report: 1 in 4 Homes Exposed to Acute Climate Risks
“Climate risks are no longer a distant threat for U.S. housing—they are a present reality that put a large chunk of US real estate value at risk,” said Danielle Hale, chief economist at Realtor.com. Continue Reading Report: 1 in 4 Homes Exposed to Acute Climate Risks
Experian Updates System to Enable Review of Consumer Rent Histories and Payments
“We’re helping renters take control of their housing journey,” said Manjit Sohal, vice president of product management for Experian Housing. Continue Reading Experian Updates System to Enable Review of Consumer Rent Histories and Payments
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