RMF estate, now ‘out of money,’ seeks conversion to Chapter 7 bankruptcy

RMF estate, now ‘out of money,’ seeks conversion to Chapter 7 bankruptcy

The bankruptcy plan administrator for Reverse Mortgage Investment Trust (RMIT), the parent company of former industry lender Reverse Mortgage Funding (RMF), has filed a court petition to convert from Chapter 11 bankruptcy... Read more »

Luxury Meets Tranquility

Welcome to your dream home, where luxury meets tranquility. This popular Broadmoor plan has been modernized to become the ultimate desert retreat. With a recently expanded patio, this home is perfect for... Read more »
Upscale Residents Leave LA to Escape Mansion, Other Taxes

Upscale Residents Leave LA to Escape Mansion, Other Taxes

Some of L.A.’s super rich have packed their Louis Vuitton luggage for other states in the wake of the city’s mansion tax. More ultra-wealthy Angelenos are scouring the out-of-state market for good... Read more »
Will the Housing Market Boom as Builder Sentiment Surges?

Will the Housing Market Boom as Builder Sentiment Surges?

Mortgage rates dipping below 7% in the last month triggered a significant surge in builder confidence at the onset of the new year. According to the National Association of Home Builders (NAHB)/Wells... Read more »
January homebuilder sentiment improves, following mortgage rate drop

January homebuilder sentiment improves, following mortgage rate drop

A home is constructed at a housing development on June 21, 2023 in Lemont, Illinois. Scott Olson | Getty Images Homebuilder sentiment improved in January, jumping 7 points to 44 on the... Read more »
CFPB advises the public of scammers posing as Bureau officials

CFPB advises the public of scammers posing as Bureau officials

The Consumer Financial Protection Bureau (CFPB) is sounding the alarm about an accelerating rate of scams that most commonly target older Americans, where a bad actor will pose as an official representative... Read more »
Keller Williams Affiliate Sued for Back Rent in Studio City

Keller Williams Affiliate Sued for Back Rent in Studio City

Commercial real estate company Transwestern has sued Forward Studio City, a brokerage affiliated with Keller Williams Realty, for about $95,000 in unpaid rent. Transwestern filed an unlawful detainer suit Dec. 28 in... Read more »
Christie’s International Real Estate Expands Into Curaçao With Affiliate

Christie’s International Real Estate Expands Into Curaçao With Affiliate

The luxury brand’s Aruba affiliate, Bold Properties, has expanded into the Caribbean island of Curaçao as demand remains strong among buyers and investors in the wake of the pandemic. The verdict is... Read more »
Tucson Retail Center Trades for M

Tucson Retail Center Trades for $27M

The Rillito Crossing Marketplace in Tucson has been sold to Prairie Hill Holdings. Epic Real Estate Partners and Centerbridge agreed to sell the 96,000-square-foot asset for $27.5 million. The property is anchored... Read more »
Fresno Housing Market Trends and Forecast for 2024

Fresno Housing Market Trends and Forecast for 2024

The housing market in Fresno and the Central Valley region of California has been a topic of interest for buyers, sellers, and real estate agents. Understanding the latest trends and changes in... Read more »