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National Private Lenders Association Launches Watchlist for Advancing Risk Controls
“The industry asked for a tool that plugs into intake and pre-funding. This is that tool,” said Jonathan Hornik, executive director of the NPLA. Continue Reading National Private Lenders Association Launches Watchlist for Advancing Risk Controls
National Private Lenders Association Launches Watchlist for Advancing Risk Controls
“The industry asked for a tool that plugs into intake and pre-funding. This is that tool,” said Jonathan Hornik, executive director of the NPLA. Continue Reading National Private Lenders Association Launches Watchlist for Advancing Risk Controls
HUD Secretary Turner Tells Senate Democrats to ‘Stop the Political Games’ and Reopen the Government
Housing and Urban Development Secretary Scott Turner called on Senate Democrats to put “principle over politics” and vote to reopen the federal government. In a posting on X, Turner wrote, “Our colleagues on the Left have forgotten why they were sent to Washington,...
Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
Advanced Real Estate has acquired The Cove at West Covina, a 138-unit Southern California apartment community, for $41 million. Formerly known as Langdon Park, the gated property offers a mix of units ranging from studio to three-bedroom configurations. The property's...
NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
NewDay USA has rolled out NewDay Home, a product designed to help veterans and servicemembers achieve homeownership. According to the West Palm Beach, Florida-based company, NewDay Home enables qualifying borrowers to secure a fully underwritten, credit- and...
NEWS & CURRENT EVENTS
eXp Realty Launches Division Aimed at Sports and Entertainment Clients
The new eXp Sports & Entertainment will be part of eXp Luxury. Continue Reading eXp Realty Launches Division Aimed at Sports and Entertainment Clients
A Phil Hall Op-Ed: Bill Pulte’s Curious Benevolence
The size and the destination of the FHFA director’s donation is unknown. Continue Reading A Phil Hall Op-Ed: Bill Pulte’s Curious Benevolence
Mountain Lakes Board of Realtors Joins Hive MLS
“We believe in working together while staying true to who we are,” said Kathleen Simmons, association executive at MLBOR. Continue Reading Mountain Lakes Board of Realtors Joins Hive MLS
Toys R Us to Open New Wave of Flagship and Seasonal Stores
20 locations are either currently open or will soon open on a seasonal basis at malls in 17 states. Continue Reading Toys R Us to Open New Wave of Flagship and Seasonal Stores
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Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Wells Fargo CEO Charles Scharf to Become Chairman of the Board
When Scharf becomes chairman, the Wells Fargo board intends to appoint a lead independent director. Continue Reading Wells Fargo CEO Charles Scharf to Become Chairman of the Board
Q2 Commercial and Multifamily Mortgage Originations Up 66% from Last Year
On a year-over-year measurement, there was a 140% spike in the dollar volume of loans for office properties. Continue Reading Q2 Commercial and Multifamily Mortgage Originations Up 66% from Last Year
The Link at Uptown, Dallas Office Property, Sells for $218 Million
The property’s leases were all signed post-pandemic. Continue Reading The Link at Uptown, Dallas Office Property, Sells for $218 Million
NYC Housing Lottery Applicants Impacted by Data Breach
The online platform at the center of the breach is managed by Reside New York, a third-party vendor. Continue Reading NYC Housing Lottery Applicants Impacted by Data Breach
Mortgage Rates Dip, Homebuyer Affordability Up Slightly
The national median payment applied for by purchase applicants dropped to $2,172 from $2,211 in May. Continue Reading Mortgage Rates Dip, Homebuyer Affordability Up Slightly
Tri Pointe Homes Opens First Community in Utah
The company plans to create four additional communities across Salt Lake, Utah, and Wasatch counties. Continue Reading Tri Pointe Homes Opens First Community in Utah
CMBS Delinquency Rate Rises for Fifth Straight Month
July’s overall delinquent balance was $43.3 billion, and the outstanding balance was $598.9 billion. Continue Reading CMBS Delinquency Rate Rises for Fifth Straight Month
Survey: One-Third of Americans Have No Problems Lying on Credit Applications
On the flip side, Americans expect robust fraud protection that ensures their personal data is not compromised on fraudulent credit applications. Continue Reading Survey: One-Third of Americans Have No Problems Lying on Credit Applications
Leadership Change Announced for Stellar MLS
Stellar MLS serves over 84,000 customers and supports real estate agents and brokers across 21 realtor associations in Central and Southwest Florida and Puerto Rico. Continue Reading Leadership Change Announced for Stellar MLS
Report: Rising Construction Costs Fueled Cancelation of HGTV Home Renovation Shows
HGTV has canceled seven shows over the past several weeks. Continue Reading Report: Rising Construction Costs Fueled Cancelation of HGTV Home Renovation Shows
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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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