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Fannie Mae has issued securities supporting the transition away from the London interbank offered rate; something that could become more pressing for lenders if adjustable-rate mortgages were to become more prevalent.
July 27 -
The Marin, County, Calif., median home price jumped to $1.165 million in June, up 8.4% over the $1.075 million median price in June 2017.
July 27 -
With values on multifamily properties soaring, some building owners are using aggressive tactics to push out existing tenants to make room for higher-earning ones. That’s raising questions about whether their lenders are abetting this behavior.
July 27 -
A ruling involving a Cleveland law firm casts doubt on CFPB claims that attorneys misrepresent their role to consumers.
July 27 -
International activity in the U.S. real estate market plummeted as foreign homebuyers are competing with domestic purchasers for a limited supply of homes, according to the National Association of Realtors.
July 27 -
Blackstone Group has made its first bet on manufactured housing by buying a portfolio of communities sold by Tricon Capital Group.
July 27 -
Although the number of sales slowed, Rhode Island's median house price for the second quarter, $280,000, was the highest quarterly price in 11 years.
July 27 -
Mortgage industry hiring and new job appointments for the week ending July 27.
July 27 -
Ellie Mae saw a 20% year-over-year increase in second-quarter revenue with more loans closed using Encompass, but net income fell nearly 50% on an accounting change and acquisition costs.
July 26 -
Wells Fargo is considering a sale of commercial real estate broker Eastdil Secured, according to a person briefed on the matter.
July 26















