Top Headlines

Former Ginnie Mae Chief Takes Role at Freddie Mac

by Phil Hall | Dec 9, 2024

Freddie Mac (OTCQB: FMCC) has announced the appointment of Sam Valverde as vice president of mission and community engagement within its single-family acquisitions division. Sam Valverde served as acting president from May through the end of November, when he stepped...

NY Times Publishes Report on NAR Executives’ High Salaries and Lavish Spending

by Phil Hall | Nov 18, 2024

The report detailed how NAR’s leaders used corporate credit cards to buy tickets to the Broadway show “Hamilton” when it opened in 2015. Continue Reading NY Times Publishes Report on NAR Executives’ High Salaries and Lavish Spending

Long Island Real Estate Attorney Pleads Guilty to Larceny Charges

by Phil Hall | Oct 18, 2024

Daniel Boldi is expected to be sentenced to three to nine years in prison and is required to pay $1 million. Continue Reading Long Island Real Estate Attorney Pleads Guilty to Larceny Charges

Sen. Elizabeth Warren Asks Biden to Use Executive Orders to Lower Housing Costs

by Phil Hall | Oct 18, 2024

“We strongly encourage you to cement your legacy by addressing one of the most pressing economic issues of our time,” said the progressives. Continue Reading Sen. Elizabeth Warren Asks Biden to Use Executive Orders to Lower Housing Costs

The Siegel Group Sells 20 Acres of Las Vegas Land to KB Home for $19 Million

by Phil Hall | Oct 17, 2024

The sale includes approximately 20 acres of a larger 27-acre assemblage along Boulder Highway near US Route 95. Continue Reading The Siegel Group Sells 20 Acres of Las Vegas Land to KB Home for $19 Million

Report: Fannie Mae Maintains Blacklist of Over 5,000 Condo Communities

by Phil Hall | Mar 17, 2025

Florida has more than 1,400 developments blacklisted, with California, Colorado, Hawaii and Texas rounding out the top five states. Continue Reading Report: Fannie Mae Maintains Blacklist of Over 5,000 Condo Communities

5 Consent Orders Tied to Unregistered British Columbia Mortgage Broker

by Phil Hall | Mar 17, 2025

Four real estate licensees and one mortgage broker recently entered into consent orders with disciplinary action. Continue Reading 5 Consent Orders Tied to Unregistered British Columbia Mortgage Broker

Mortgage Applications for New Home Purchases Down in February

by Phil Hall | Mar 13, 2025

By product type, conventional loans composed 56.7% of loan applications while FHA loans accounted for 32.1%. Continue Reading Mortgage Applications for New Home Purchases Down in February

Mortgage Rates Remain Flat

by Phil Hall | Mar 13, 2025

The 30-year fixed-rate mortgage averaged 6.65% as of March 13, up slightly from last week when it averaged 6.63%. Continue Reading Mortgage Rates Remain Flat

Evergreen Home Loans Expands into New Mexico

by Phil Hall | Mar 12, 2025

The company is opening new branches in Albuquerque and Carlsbad, under the leadership of Area Manager Barry Abt. Continue Reading Evergreen Home Loans Expands into New Mexico

Mortgage Application Activity Up 11.2%

by Phil Hall | Mar 12, 2025

The VA share of total applications increased to 15.9% from 14.6% from the week before. Continue Reading Mortgage Application Activity Up 11.2%

Foreclosure Activity Up During February

by Phil Hall | Mar 12, 2025

Lenders started the foreclosure process on 22,730 residential properties in February. Continue Reading Foreclosure Activity Up During February

Mortgage Credit Availability at Highest Level in a Year

by Phil Hall | Mar 11, 2025

“Mortgage credit availability in February increased for the third consecutive month,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability at Highest Level in a Year