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ATLANTA REAL ESTATE: THE HOTTEST MARKET IN THE COUNTRY
Source: Realty Biz News --- Atlanta, Georgia - a major metropolitan center in the center of the action - is one of the shining jewels of not just the Peach State but the entirety of the southeastern US. Thoroughly modern and exhibiting tons of growth in both its...
YOUNGER AMERICANS ARE BEING PUSHED OUT OF THE U.S. HOUSING MARKET
Source: Black Enterprise --- According to a national profile of homebuyers and sellers by the National Association of Realtors (NAR), American homebuyers are Whiter, older and wealthier. The New York Times reports the NAR added first-time homebuyers account for the...
Lafayette RE Management in $680,000 Settlement Over PPP Loan Fraud
The company claimed it was settling the charges to avoid lengthy and costly litigation. Continue Reading Lafayette RE Management in $680,000 Settlement Over PPP Loan Fraud
DC Tax Firm Executive Pleads Guilty to Mortgage Fraud
Timothy Trifilo will be sentenced on May 19, 2025. Continue Reading DC Tax Firm Executive Pleads Guilty to Mortgage Fraud
Federal Reserve Cuts Rates for Third Straight Time
The Fed also stressed that it would “continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities.” Continue Reading Federal Reserve Cuts Rates for Third Straight Time
Title Insurance Premium Volume Up 5.3% in Q3
The top underwriter in the third quarter as measured by market share was First American Title Insurance Co. (21.9%). Continue Reading Title Insurance Premium Volume Up 5.3% in Q3
Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses
Insurance Bureau of Canada (IBC), the national industry association representing Canadian private home, auto and business insurers, has blamed Prime Minister Justin Trudeau’s for failing to protect property owners from climate-related disasters during 2024. “After the costliest summer in Canadian history, with almost $8 billion in insured losses due to floods, hail and wildfires, the… Continue Reading Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses Continue Reading Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses
New York State Considers Expanding CRA Law to Cover Nonbank Mortgage Lenders
The proposed regulation tests will take place where the nonbanks are originating loans rather than where they have a physical branch presence. Continue Reading New York State Considers Expanding CRA Law to Cover Nonbank Mortgage Lenders
CFPB Finalizes Rule on PACE Loan Protections
The new rule requires lenders to assess a borrower’s ability to repay a PACE loan. Continue Reading CFPB Finalizes Rule on PACE Loan Protections
Real Estate Investor Sentenced for Role in Mortgage Fraud Scheme
ron Puretz pleaded guilty to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Sentenced for Role in Mortgage Fraud Scheme
Mortgage Application Activity Down Slightly
The MBA reported mortgage applications for new home purchases in November were up 7.2% year-over-year. Continue Reading Mortgage Application Activity Down Slightly
Single-Family Housing Starts Up 6.4%
Privately-owned housing starts were down 1.8% from October. Continue Reading Single-Family Housing Starts Up 6.4%
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