-
Average mortgage rates tracked by Freddie Mac’s survey all climbedslightly for the second week in a row but they remain below year-agolevels.
March 31 -
Grubb & Ellis Co., Santa Ana, Calif., has received an $18 million financing commitment from Colony Capital LLC, a private investment firm that makes debt and equity investments in real estate-related assets and operating companies.
March 31 -
Unless the implementation of the Federal Reserve’s rule on loan officer compensation is upended by last-minute court action, it went live last Friday and lenders should comply with it.
March 31 -
LAS VEGAS—“Too many” vendors have their hands in the real estate cookie jar, a long-time title industry executive claimed here last week.
March 31 -
I have a friend who manages 12 apartment complexes. He has tracked the turnover rates of tenants and year in and year out, 62% of the tenants move after one year. Another 28% move out after the second year and the remaining percentage live in the complex three years or more.
March 31 -
The Federal Reserve Bank of New York plans to begin more extensive salesof the nonagency residential mortgage-backed securities in its Maiden Lane II LLC portfolio into an improved market for the bonds, turning down AIG’s offer to buy back the securities.
March 31 -
At $430,000, a house on lovely Star Island in Miami Beach may be a steal in today's downtrodden real estate market. But the joint's not for sale. It's for rent, at $430K a month. An indication, perhaps, that all is not lost in one of the country's hardest hit housing markets.
March 31 -
Refinancing activity is dropping rapidly in the industry and is starting to affect MBS issuance by Fannie Mae.
March 31 -
Arkansas has become the 22nd state to restrict private transfer fees which require a percentage of a home's sales price be paid to a private third-party each time the property is sold — often for up to 99 years.
March 31 -
The Department of Housing and Urban Development late Wednesday named former Freddie Mac executive Robert C. Ryan acting commissioner of the Federal Housing Administration, replacing the departing David Stevens.
March 31
