The Consumer Financial Protection Bureau (CFPB) has announced a $12 million settlement that resolves an enforcement suit brought 10 years ago against a foreclosure relief operation that the agency identified as a scam. In May […]
The Greater Toronto Area is expected to generate 77,000 homes sales during 2024, according to a new forecast from the Toronto Regional Real Estate Board (TRREB). The average selling price for all home types in […]
New York-based Rithm Capital posted a profit in 2023, a year marked by several acquisitions that turned the company into a leading global asset manager. In the mortgage space, the parent of multichannel lender Newrez earned most […]
OpenHouse.ai, a Calgary-based start-up that uses artificial intelligence (AI) to deliver real solutions to real problems in the home building industry, has closed on a $1.5 million seed funding round led by Trico Ventures Corp. […]
The U.S. Department of the Treasury issued a report that recommends a new rule that would require real estate professionals to identify potential money laundering schemes in the residential real estate markets. The “National Money […]
The late January auction of iconic Hamptons estate ‘La Dune’ marked the first time a property was included in an art auction at Sotheby’s. The $88.48 million winning bid on ‘La Dune’ also made […]
Embrace Home Loans has promoted Ryan “Buddy” Hardiman from senior vice president of retail and direct sales to president. Hardiman, who is based at the company’s headquarters in Middletown, Rhode Island, will oversee lending operations […]
One of Italy’s most iconic properties, Villa Certosa on Sardinia’s Emerald Coast, is now up for sale marking the end of era — and for a mighty price, to boot. This sprawling Mediterranean spread, once […]
The Fannie Mae February Selling Guide has a series of updates, including the expansion of value acceptance and property data appraisal waivers to condominiums, cash-out refinance allowances for manufactured homes, and updates to credit […]
Mortgage applications were on the rise last week a new survey finds most Americans are predicting a decline in mortgage rates this year. The Mortgage Bankers Association’s (MBA) Market Composite Index was up by 3.7% […]
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