The Bipartisan Congressional Real Estate Caucus is calling on the Federal Housing Finance Agency (FHFA) to cease its pilot program for title insurance waivers until the program is vetted and the agency... Read more »
Cresa senior advisors Waite Buckley and Michael Herz arranged a 10-year renewal lease for 7,500 square feet at 1 Smith St., Brooklyn for The HOPE Program, a nonprofit that provides training and job placement... Read more »
Ginnie Mae has taken a far more active role in the reverse mortgage industry over the past two years, stemming from the failure of a major industry lender that threatened liquidity for... Read more »
The Federal Housing Finance Agency (FHFA) announced on Wednesday it has changed its proposal to amend the Suspended Counterparty Program (SCP), offering a less severe version after several trade groups raised concerns... Read more »
Eager to boost the supply of affordable housing, city officials in Long Beach devised a program that could help a limited number of homeowners build an extra unit on their land. But... Read more »
The country’s largest wholesale lender, United Wholesale Mortgage (UWM), has launched a broker training program that will teach individuals to become licensed mortgage originators. Dubbed “BrokerX,” the five-week program will provide existing... Read more »
Keller Williams‘ legal worries just got a little lighter. On Friday, the real estate franchisee and the plaintiffs’ counsel in the Mcfarlane suit reached a settlement agreement for the lawsuit related to... Read more »
At the end of August, the District of Columbia Housing Finance Agency (DCHFA) announced that it had relaunched its Reverse Mortgage Insurance & Tax Payment Program (ReMIT), which originally began in 2019... Read more »
The U.S. Department of Veteran Affairs (V.A.) announced on Wednesday morning a program to purchase defaulted V.A. loans from mortgage services and place them in its portfolio at a fixed 2.5% interest rate. The Veteran... Read more »
Keller Williams is named in another class-action lawsuit that contests alterations made to the brokerage’s profit-sharing program. There are now six class-action lawsuits against KW that challenge the company’s profit-sharing program adjustments.... Read more »