Prologis Signs Virco Manufacturing to 559K-SF Renewal

Prologis Signs Virco Manufacturing to 559K-SF Renewal

Virco Manufacturing, a supplier of furniture and equipment for K-12 schools, has signed a multi-year renewal of its 559,000-square-foot space in the Prologis-owned 2027 Harpers Way in Torrance. It represents the first... Read more »
HUD examines housing affordability pain points for seniors

HUD examines housing affordability pain points for seniors

The U.S. Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research recently published a report that more closely examines the housing needs of older Americans and the pain... Read more »
Six things to know about the arrests of Tal and Oren Alexander

Six things to know about the arrests of Tal and Oren Alexander

It’s hard to imagine a more dramatic fall from grace than that of Oren and Tal Alexander, the once star brokers who’ve been yanked from the top of the New York City... Read more »
UWM, Better join Fannie Mae’s title insurance waiver pilot

UWM, Better join Fannie Mae’s title insurance waiver pilot

Leading U.S. mortgage lenders United Wholesale Mortgage (UWM) and Better have joined Fannie Mae’s pilot program that waives lender title insurance requirements for certain refinance transactions, HousingWire has learned. The initiative, announced... Read more »
Longbridge, Mutual of Omaha attempt to settle marketing lawsuit

Longbridge, Mutual of Omaha attempt to settle marketing lawsuit

An ongoing lawsuit between two major reverse mortgage lenders, Mutual of Omaha Mortgage and Longbridge Financial, over marketing practices could come to an end if both parties can reach a settlement agreement... Read more »
United Real Estate continues expansion efforts in South Carolina

United Real Estate continues expansion efforts in South Carolina

Dallas-based United Real Estate has announced another strategic expansion in the Carolinas. Charlotte-headquartered United Real Estate Queen City will open a new affiliate location in Fort Mill, South Carolina. According to a... Read more »
Mortgage demand is up 5.4% as interest rates ramp down

Mortgage demand is up 5.4% as interest rates ramp down

Mortgage applications increased 5.4% on a seasonally adjusted basis during the week ending Dec. 6, stemming from a 27% jump in refinance activity, according to a report released Wednesday by the Mortgage... Read more »
November inflation report fuels optimism for Fed interest rate cut

November inflation report fuels optimism for Fed interest rate cut

The likelihood of a third Federal Reserve rate cut got higher with Wednesday’s Consumer Price Index from the U.S. Bureau of Labor Statistics, which met expectations from economists on inflation. Headline inflation... Read more »
Sierra Pacific Mortgage hires Suzy Lindblom as COO

Sierra Pacific Mortgage hires Suzy Lindblom as COO

Sierra Pacific Mortgage has hired Suzy Lindblom as its new Chief Operating Officer, the company announced in a LinkedIn post. Lindblom confirmed the move in her own post, adding that she has... Read more »
L.A. City Council votes to boost housing development, while leaving out single-family-home zones

L.A. City Council votes to boost housing development, while leaving out single-family-home zones

The Los Angeles City Council on Tuesday voted to boost housing development in existing high-density residential neighborhoods and along commercial corridors, while leaving single-family zones largely untouched. In a 15-0 vote, the... Read more »