Rocket Mortgage lawsuit highlights regulatory tensions and the need for appraisal independence
Rocket Mortgage’s DOJ lawsuit highlights the balance between regulatory compliance and accountability, raising concerns over appraisal bias and lender liability.
Blackstone Sells Miramar Apartment Complex for $121.3 Million Amid Market Resurgence
Blackstone sells a Miramar apartment complex for $121.3 million to Bell Partners, highlighting a rebound in South Florida’s multifamily real estate market.
Whistleblower Lawsuit Exposes Massive Fraud Allegations Against Pangea Properties
A whistleblower lawsuit accuses Pangea Properties of defrauding the Chicago Housing Authority by overcharging Section 8 tenants, potentially costing taxpayers over $1 million annually.
Apple Expands Midtown South Office Space with New Lease in Penn 11
Apple has expanded its footprint in Midtown South, leasing an additional 61,000 square feet, bringing its total space to 460,000 square feet in the Penn 11 building.
Danny Haber’s Journey: Building Success on Minimal Sleep and Maximum Passion
Pioneering builder Danny Haber thrives on minimal sleep, balancing a hectic schedule of meetings and projects while revolutionizing mass timber construction with oWOW.
Compass Targets Strategic Growth with Major Acquisitions and Enhanced Services in 2025
Compass is set for strategic growth in 2025 with notable acquisitions, expanded services, and a commitment to enhancing the real estate experience for homeowners.
Highlands Residential Mortgage Welcomes Daniel McCoy as Southeast Regional Construction Loan Manager
Highlands Residential Mortgage appoints Daniel McCoy as Southeast regional construction loan manager, aiming to enhance growth and innovation in construction lending.
Trump’s Push for Influence Challenges Republican Commitment to Federal Reserve Independence
Trump seeks to influence the Fed with low rates, but many GOP lawmakers prioritize its independence and stability, reflecting conflicting views on monetary policy.
Rocket Mortgage Challenges HUD Accountability Over Appraiser Actions in Legal Battle
Rocket Mortgage is suing HUD over appraisal accountability while facing DOJ claims of biased home valuations affecting a Black homeowner’s refinance.
HomeServices Prepares for 2025 by Reaffirming Its Core Identity and Values
HomeServices of America aims to strengthen its core identity in 2025 by simplifying real estate transactions and staying true to its foundational mission amidst market challenges.
UWM Launches 60bps for 60 Days Initiative to Support Brokers This Winter
United Wholesale Mortgage launches “60bps for 60 Days” incentive for brokers, offering 60 basis points on loans for high-FICO borrowers through January 2025.
Connie Lindsay Joins Rate as Senior VP of Mortgage Lending in Washington
Connie Lindsay joins Rate as senior VP of mortgage lending in Washington, set to enhance the company’s presence with her expertise and focus on clients.
Mortgage Applications Rise as Monthly Rates Reach Lowest Point in Months
Mortgage applications rose by 2.8% as borrowers took advantage of lower rates and improved inventory, despite a 21% drop from last year’s purchase applications.
Brian Montgomery Urges Conservatives to Embrace Self-Sustaining HUD and FHA Programs
Former HUD official Brian Montgomery argues that Trump should embrace self-sustaining HUD and FHA programs, highlighting their fiscal efficiency and homeownership support.
FHA Mandates 36-Hour Cyber Breach Reporting Requirement for Lenders
The FHA has mandated that lenders report cybersecurity breaches within 36 hours, emphasizing timely notifications to protect HUD’s systems amid rising threats.