Real Estate Highlights and Lowlights from the Recent Week
Discover key insights for private lenders, including a mortgage fraud investigation, HR issues at GSEs, and unexpected news about Disney's new theme park.
Alexander Brothers Face Expanded Criminal Charges, Including Minor Assault
Federal prosecutors have added six new charges against the Alexander brothers, including serious allegations of trafficking a minor for prostitution.
Investigation into Mortgage Fraud Involving NY Attorney General Letitia James
New allegations against NY AG Letitia James prompt a criminal probe for potential mortgage fraud. Explore the implications for private lenders.
NAR Reports Home Prices Increased in 83% of Metropolitan Markets
Home prices in many metro markets are hitting record highs, highlighting shifting market dynamics. Discover insights from NAR Chief Economist Lawrence Yun.
Homeowners report high costs and emotional stress impacting renovation choices.
Homeowners increasingly rely on savings for upgrades, facing challenges like budget overruns, delays, and personal stress, highlighting trends in home improvement financing.
loanDepot’s Q1 Revenue Increases 23% as Hsieh Resumes Leadership Role
Departing CEO Frank Martell highlighted loanDepot's final quarter, emphasizing a path of positive momentum and strategic growth. Insights for private lenders included.
Engage in Shaping the Future of Real Estate in Your Community
The real estate sector is evolving again with updates to the Clear Cooperation Policy, highlighting ongoing innovation for buyers and sellers amid industry changes.
Mortgage rates are unlikely to decline significantly in the near future.
Mortgage leaders and economists express cautious optimism amidst persistent high home loan costs, highlighting evolving market dynamics for private lenders.
Rosie O’Donnell Sells NYC Penthouse at a $3.25 Million Loss Before Ireland Trip
Discover insights into Rosie O'Donnell's significant financial decision as she sells her NYC penthouse at a notable loss amidst her recent move to Ireland.
North Dakota Governor Approves Significant Property Tax Legislation
Discover how North Dakota's new property tax bill increases the primary residence tax credit, impacting financial strategies for private lenders.