A Philadelphia real estate agent has pleaded guilty to one count of wire fraud and one count of making an illegal monetary transaction, in connection with a fraudulent loan scheme. Jonathan Barach was a licensed residential real estate agent who served as co-founder...
The City of Philadelphia is now using a new deed fraud detection technology that can verify if the signatory on the title was alive when property ownership was transferred. The technology involves an automated vital status verification system that compares the names...
The summer doldrums weighted on the Mid-Atlantic markets in the Bright MLS service area, which recorded a 2.8% year-over-year decline in closed sales during July. Last month, there were 20,847 new pending contracts in the Bright MLS service area, down by 1.7% from the...
Exton, Pennsylvania-based Citadel Credit Union has launched the Home Help Program, a $6 million initiative focused on Black and Hispanic homeownership across Philadelphia County. The program will provide provides up to $18,000 in assistance for purchase, refinance, or...
Property tax reform in Missouri, the future of Pope Leo’s childhood home, and Kim Jong Un’s beachfront resort. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 30-July 4. Hit: Public Involvement in Property Tax Reform. A...