Investor Home Purchases Plummet Amidst Declining Housing Market Dynamics
Investor home purchases have plummeted to pre-pandemic lows amid rising prices, mortgage rates, and fewer attractive flipping opportunities.
Lawsuit Alleges Brutal Rape by Prominent Real Estate Broker and His Brother
Oren and Alon Alexander face a lawsuit for alleged rape and ongoing federal sex trafficking charges amid growing claims from multiple victims.
First American Launches Real-Time Fraud Notification System to Enhance Transaction Security
First American launches Order Insights, a real-time fraud alert system, enhancing transaction security for agents amid rising fraud threats in real estate.
United Real Estate’s Mission-Driven Growth Strategy for Success in 2025
United Real Estate, under Rick Haase’s leadership, envisions 2025 growth by prioritizing agent success with a flat-fee model and a mission-driven approach.
Mortgage Applications Surge as Refinancing Activity Reaches New Heights
Mortgage applications surged 5.4%, driven by a 27% spike in refinancing as rates decline, while the FHA and VA loan shares also saw notable increases.
Alexander Brothers Face Serious Allegations of Sex Trafficking in Miami
Miami real estate agents Tal, Oren, and Alon Alexander face serious sex trafficking charges, with their business suffering amid ongoing legal troubles.
South and West Housing Markets Poised for Growth in 2025
Realtor.com highlights Southern and Western U.S. cities, led by Colorado Springs and Miami, as the top housing markets for 2025, driven by affordability and remote work trends.
Leslie Meaux Pordzik Retires After 36 Years of Transformative Mortgage Finance Leadership
Leslie Meaux Pordzik, a key figure at Ginnie Mae for 13 years, is retiring after 36 years in mortgage finance, leaving behind a legacy of enhanced compliance and innovation.
New Hampshire’s Housing Crisis Demands Urgent Collaborative Solutions for Growth
New Hampshire faces a housing crisis driven by rapid population growth and restrictive zoning laws, prompting lawmakers and organizations to advocate for urgent reforms.
Ellington Financial Achieves Success with $243 Million Reverse Mortgage Securitization
Ellington Financial has launched a successful $243 million reverse mortgage securitization through Longbridge, boosting profits and stabilizing dividend coverage.
Real Brokerage Expands with Urban Nest Realty’s 400 Las Vegas Agents
Real Brokerage expands its luxury real estate influence by partnering with Urban Nest Realty, adding 400 agents and enhancing its foothold in Las Vegas.
FHFA Reports Increased Foreclosures Despite Significant Homeowner Assistance Efforts
In Q3 2024, the FHFA helped over 43,000 homeowners avoid foreclosure, but foreclosure initiations surged 27%, highlighting ongoing housing market challenges.
Ginnie Mae Launches HMBS 2.0 to Strengthen Reverse Mortgage Market Liquidity
Ginnie Mae’s fiscal year 2024 report highlights its launch of HMBS 2.0 to boost liquidity in the reverse mortgage market and enhance support for older Americans.
SUCCESS Real Estate Closes Abruptly Amid Allegations of Misappropriated Escrow Funds
SUCCESS Real Estate abruptly closed its Greater Boston offices, with potential ties to escrow fund misappropriation, leaving agents and clients in turmoil.
Ginnie Mae Achieves Major Portfolio Growth and Delivers Billions to Government Revenue
Ginnie Mae’s FY24 report reveals a $423.4 billion MBS issuance, aiding 1.2 million households and contributing $1.3 billion to government revenue.
Oyssey Launches to Revolutionize Real Estate Insights Beyond Zillow’s Traditional Listings
Oyssey launches as a new real estate platform, offering rich neighborhood insights and personalized buyer-broker agreements to challenge Zillow’s dominance.
Mortgage Rates Likely to Hold Steady Despite Expected Federal Rate Reduction
As the Fed hints at rate cuts, mortgage rates near 7% are expected to remain stable, impacting housing market dynamics despite rising consumer confidence.