Mortgage experts weigh in on GSE condo updates

Mortgage experts weigh in on GSE condo updates

At the same time, the government-sponsored enterprises (GSEs) will eliminate limited and streamlined review options for condo loans starting Aug. 3, requiring full project reviews in all cases. The shift is expected... Read more »
DTLA Loan Sent to Special Servicing

DTLA Loan Sent to Special Servicing

A roughly $32 million loan on the Metropolitan building downtown was sent to special servicing after the borrower defaulted on their commercial mortgage-backed securities debt, according to Morningstar Credit.  Servicer commentary via... Read more »
EXCLUSIVE: Fox News Host Sean Hannity Takes  Million Manalapan Mansion Off the Market—Just 3 Months After Listing It

EXCLUSIVE: Fox News Host Sean Hannity Takes $45 Million Manalapan Mansion Off the Market—Just 3 Months After Listing It

Fox News host Sean Hannity has delisted his sprawling waterfront Florida mansion, just three months after he put the opulent abode on the market for the sky-high price of $45 million. Hannity,... Read more »
FHFA’s Bill Pulte files new DOJ referrals against Letitia James

FHFA’s Bill Pulte files new DOJ referrals against Letitia James

Pulte alleges that James misrepresented the use of two properties to insurers, including Universal Property Insurance in Florida and Allstate Insurance Company in Illinois. The outlet MS Now first reported on the... Read more »
Nonprofit Sets Year-to-Date Los Angeles Office Lease Record

Nonprofit Sets Year-to-Date Los Angeles Office Lease Record

As the third quarter comes to a close, a social services organization has notched the largest office lease of the year so far in Los Angeles County.  The North Los Angeles County... Read more »
A .3 Million Montana Ranch That Starred in ‘Yellowstone’ Has Been on the Market for Over a Year—Can ‘The Madison’ Finally Help It To Sell?

A $16.3 Million Montana Ranch That Starred in ‘Yellowstone’ Has Been on the Market for Over a Year—Can ‘The Madison’ Finally Help It To Sell?

When famed showrunner Taylor Sheridan debuted his hit Western series “Yellowstone,” it was said to have pushed a wave of city dwellers to snap up ranch properties in places like Montana and... Read more »
Mortgage rates now closer to 7% than 6% as the Iran war escalates

Mortgage rates now closer to 7% than 6% as the Iran war escalates

Housing demand was fine before the war! Housing demand was running very smoothly this year, having its best start in years, even with the snow events. We saw multi-year highs in purchase... Read more »
Simi Valley Estate With TV Fame Listed for  Million

Simi Valley Estate With TV Fame Listed for $78 Million

A well-positioned buyer has the chance to give their rose to a sprawling estate in the Los Angeles area.  Hummingbird Nest Ranch, a roughly 124-acre property in Simi Valley, is on the... Read more »
Cheryl Hines Slams Chelsea Handler for Claiming She and RFK Jr. Sold Her a ‘Toxic’ House—and Says Comedian Is ‘Just Trying To Get Attention’

Cheryl Hines Slams Chelsea Handler for Claiming She and RFK Jr. Sold Her a ‘Toxic’ House—and Says Comedian Is ‘Just Trying To Get Attention’

Robert F. Kennedy Jr.‘s wife, Cheryl Hines, has taken aim at comedian Chelsea Handler over her claims that the couple sold her a “toxic” $6 million California home. In March, Handler, 51,... Read more »
Homebuyer affordability improves in February

Homebuyer affordability improves in February

“Homebuyer affordability saw a modest improvement in February, as slightly lower mortgage rates helped ease monthly payment burdens despite a small uptick in loan sizes. The February PAPI declined over the month... Read more »