People May Finally Be Adjusting to Higher Mortgage Rates — RISMedia

People May Finally Be Adjusting to Higher Mortgage Rates — RISMedia

Despite continued pessimism surrounding mortgage rates, home buyers and sellers are feeling a bit more confident in the housing market lately, according to recent data from Fannie Mae. The latest Fannie Mae... Read more »
China needs a narrative that house prices are going to rise

China needs a narrative that house prices are going to rise

Pictured here is a real estate project under construction in Huai ‘an city, Jiangsu province, China, on April 8, 2024.  Future Publishing | Future Publishing | Getty Images BEIJING — China needs... Read more »
Title Data Is Helping Real Estate Agents, Lenders Prospect for Clients

Title Data Is Helping Real Estate Agents, Lenders Prospect for Clients

DataTrace, which now operates more than 1,800 U.S. title plants, says the remarkable granularity of its data can help identify renters who are getting ready to buy, empty nesters and fix-and-flip investors.... Read more »
Chicago Unveils ‘Cut the Tape’ Plan to Streamline Development Approvals

Chicago Unveils ‘Cut the Tape’ Plan to Streamline Development Approvals

Details on ways Chicago can improve and streamline administrative processes to build more housing and support commercial developments were part of the “Cut the Tape” report recently released by Mayor Brandon Johnson.... Read more »
Chicago Unveils ‘Cut the Tape’ Plan to Streamline Development Approvals

TRC Recapitalizes La Canada Flintridge Retail Deal

CBRE secured $36.4 million in post-acquisition financing for TRC to recapitalize the purchase of a 115,939-square-foot Target-anchored center in La Canada Flintridge. Shaun Moothart, Bruce Francis, Bob Ybarra, Doug Birrell, Nick Santangelo and Jim Korinek with CBRE’s Capital Markets... Read more »
Chicago Unveils ‘Cut the Tape’ Plan to Streamline Development Approvals

GLP Capital Snags East Bay Warehouse for $75M

GLP Capital Partners purchased a 330,000-square-foot warehouse at 3129 Corporate Pl. in Hayward from New York-based Clarion Partners, the San Francisco Business Times reported Tuesday. The sale price appears to be $75... Read more »
UWM offers legal support to brokers, accuses Rocket of ‘connections’ with Hunterbrook report

UWM offers legal support to brokers, accuses Rocket of ‘connections’ with Hunterbrook report

In a message to mortgage brokers, United Wholesale Mortgage (UWM) defended itself from the Hunterbrook Media report that claims the lender orchestrated a scheme to steer loans. The wholesale lender said it’s offering legal support to... Read more »
UWM offers legal support to brokers, accuses Rocket of ‘connections’ with Hunterbrook report

Lamacchia Realty acquires family brokerage of NAR President Kevin Sears

Lamacchia Realty is expanding its presence in the Pioneer Valley region of Massachusetts. On Monday, the independent brokerage announced that it had acquired Springfield, Massachusetts-based Sears Real Estate. Founded in 1971 by... Read more »
UWM offers legal support to brokers, accuses Rocket of ‘connections’ with Hunterbrook report

Premise of the Hunterbrook Media thesis on UWM is ‘misplaced:’ BTIG analysts

United Wholesale Mortgage’s (UWM) revenue margins “don’t stand out like” one would expect if the company was overcharging borrowers, analysts at BTIG said on Monday. The comments follow a Hunterbrook Media report from last week... Read more »
UWM offers legal support to brokers, accuses Rocket of ‘connections’ with Hunterbrook report

DOJ will intervene in NAR’s commission lawsuit settlement: KBW analysts

Analysts at investment bank Keefe, Bruyette & Woods believe that the Department of Justice will intervene in Sitzer/Burnett commission lawsuit after receiving the green light to reopen its investigation into the National... Read more »