Top Headlines
California Association of Realtors Installs 2025 Leadership Team
Already on the team is Phil Hawkins, who joined CAR as CEO and state secretary in September. Continue Reading California Association of Realtors Installs 2025 Leadership Team
Special City Council Meeting Sought to Stop Chicago Mayor’s Property Tax Hike Proposal
In March, Chicago voters rejected a referendum on the so-called “mansion tax.” Continue Reading Special City Council Meeting Sought to Stop Chicago Mayor’s Property Tax Hike Proposal
Mother of Missing Texas Real Estate Agent Fears Her Daughter is Dead
Suzanne Clark Simpson was last seen by a neighbor on the evening of Oct. 6. Continue Reading Mother of Missing Texas Real Estate Agent Fears Her Daughter is Dead
New Lending Platform Aims at Multifamily Property Owners
The target loan amounts for the new endeavor are expected to range between $15 million and $100 million. Continue Reading New Lending Platform Aims at Multifamily Property Owners
Michigan Real Estate Agent Sentenced in Child Predator Case
64-year-old John DeMarco received a sentence of 30 to 240 months. Continue Reading Michigan Real Estate Agent Sentenced in Child Predator Case
PennyMac Premieres ‘Bring It Home’ Video Series for New Homeowners
The first installment of the series will feature 20 short videos. Continue Reading PennyMac Premieres ‘Bring It Home’ Video Series for New Homeowners
Mortgage Application Activity, Credit Availability on the Rise
The MBA’s Mortgage Credit Availability Index (MCAI) rose by 2.5% to 99.0 in January Continue Reading Mortgage Application Activity, Credit Availability on the Rise
Forecast: Commercial/Multifamily Mortgage Borrowing and Lending to Rise 16% This Year
Multifamily lending alone is expected to rise to $361 billion this year. Continue Reading Forecast: Commercial/Multifamily Mortgage Borrowing and Lending to Rise 16% This Year
January Foreclosure Activity Up 8% Month-Over-Month
Lenders started the foreclosure process on 20,994 properties in January. Continue Reading January Foreclosure Activity Up 8% Month-Over-Month
Mortgage Rates Go Into Decline
The 30-year fixed-rate mortgage averaged 6.89% as of Feb. 6. Continue Reading Mortgage Rates Go Into Decline
loanDepot and Onx Homes Announce New Joint Venture
The companies did not announce the leadership for Onx X+ Mortgage. Continue Reading loanDepot and Onx Homes Announce New Joint Venture
Mortgage Application Activity Heats Up
The refinance share of mortgage activity increased to 39.0% of total applications from 37.1% the previous week. Continue Reading Mortgage Application Activity Heats Up
California Mortgage Firm President Arrested for DUI Collision That Killed 88-Year-Old Man
Melvin Joseph Weibel, the 88-year-old passenger in the Ford Transit van, was pronounced dead at the scene. Continue Reading California Mortgage Firm President Arrested for DUI Collision That Killed 88-Year-Old Man
Cornerstone Capital Bank Launches Community Lending Division
The bank stated it will seek “to close racial and economic gaps in homeownership and help families achieve their dream of owning a home.” Continue Reading Cornerstone Capital Bank Launches Community Lending Division
Bank of England Governor Warns Against Relaxing UK Mortgage Lending Guidelines
Andrew Bailey said the guidelines protected the nation against a wave of failed mortgages. Continue Reading Bank of England Governor Warns Against Relaxing UK Mortgage Lending Guidelines
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