Real Estate Agent Tools
How Reverse Mortgages Could Become a Vehicle for Real Estate Investment
Source: Reverse Mortgage Daily --- In spite of the reputational difficulties faced by the reverse mortgage product and the professionals in the business, the fact that the housing market is performing as generally well as it has been may end up leading real estate...
The cardboard real estate boom is here
Source: Fast Company --- The rise and pandemic spike of e-commerce sales has had widespread effects on the economy, from the closure of retail storesto the spread of fulfillment warehouses to the ubiquity of last-mile delivery services. It has also meant that the...
Movement Mortgage in $23.75 Million False Claims Settlement
“Lenders participating in mortgage programs backed by taxpayers must follow rules designed to protect both program integrity and homeowners,” said U.S. Attorney Carla B. Freedman. Continue Reading Movement Mortgage in $23.75 Million False Claims Settlement
Hits and Misses for the Real Estate Week June 26-30
BAHFA is the very rare California entity trying to help people address a serious situation. Continue Reading Hits and Misses for the Real Estate Week June 26-30
$38.1 Million Sale on Nantucket is Most Expensive in Massachusetts History
The property was listed in July 2022 for $56 million and reduced it in April to $48 million. Continue Reading $38.1 Million Sale on Nantucket is Most Expensive in Massachusetts History
CMBS Delinquency Rate Nears 4%
“The increase was driven by a large jump in hotel delinquencies,” said Manus Clancy, senior managing director at Trepp. Continue Reading CMBS Delinquency Rate Nears 4%
Typical US Home Sells for Only $4,000 Less Than Record Price
New listings were down 27% from a year earlier during the four weeks ending June 25. Continue Reading Typical US Home Sells for Only $4,000 Less Than Record Price
New Portal to Highlight Affordable Housing in the Bay Area
Doorway Housing Portal was developed with pro bono support from Google.org Fellows. Continue Reading New Portal to Highlight Affordable Housing in the Bay Area
JPMorgan Chase Allocates $7.65M to Expand Black and Hispanic Homeownership in DC
“Affordable, sustainable homeownership is essential to building strong communities and intergenerational wealth,” said Mark O’Donovan, CEO of Chase Home Lending. Continue Reading JPMorgan Chase Allocates $7.65M to Expand Black and Hispanic Homeownership in DC
Redevelopment Initiative Announced for Haverhill, Massachusetts
The initiative will encompass more than three acres of historic buildings and vacant property in the city’s downtown. Continue Reading Redevelopment Initiative Announced for Haverhill, Massachusetts
Regulators Ask Banks to ‘Work Prudently and Constructively’ with CRE Borrowers
The new 90-page guidance focused on short-term loan accommodations. Continue Reading Regulators Ask Banks to ‘Work Prudently and Constructively’ with CRE Borrowers
Nearly One-Third of San Francisco’s Office Properties are Vacant
CBRE Director Colin Yasukochi acknowledged the city’s deteriorating quality of life is contributing to the dilemma. Continue Reading Nearly One-Third of San Francisco’s Office Properties are Vacant
