Attorney General Maura Healey has secured millions of dollars in relief for hundreds of Massachusetts residents in a settlement with a national mortgage servicer over its failure to help homeowners avoid foreclosure.
President Donald Trump’s State of the Union address is scheduled for tomorrow, but realtor.com tried to steal a little of the President’s thunder by releasing its own ‘State of the Housing Union.’
Freddie Mac’s total mortgage portfolio increased at an annualized rate of 9.0 percent in December 2017. Freddie Mac mortgage-related securities and other mortgage-related guarantees increased at an annualized rate of 9.8 percent in December.
The Changing Patterns report from the Massachusetts Community & Banking Council has for 25 years identified persistent disparities in mortgage loan approvals among diverse applicants.
The U.S. housing market has gained back all $9 trillion in value it lost when the market collapsed, but the uneven nature of the crisis and subsequent recovery has left many housing markets trailing behind, while others surge further ahead, according to a new Zillow report.
Last year’s single-family median home sale price set a record in the Bay State, hitting $365,000 and far exceeding the previous record of $355,000 set in 2005.
Coldwell Banker Residential Brokerage New England President Merit McIntyre was named by Swanepoel T3 Sixty in its 2017-2018 top 200 most powerful people in residential real estate report.
Most real estate agents will take on as much work as their networks can generate, but some also become known for their ability to sell particular kinds of properties.
Broker/owner Elad Bushari exclusively confirmed to Banker & Tradesman that Compass Real Estate has agreed to purchase Back Bay-based Bushari Real Estate.
Coldwell Banker Residential Brokerage has acquired the assets of Edna Kranz Realty Inc.
Renters in Massachusetts think highly of the state’s public transportation, quality of life and schools, but rated it poorly in affordability and pet friendliness, according to a recent survey.
The federal government is running out of money and if Congress and President Donald Trump don’t iron out their differences by midnight on Saturday, the federal government will shut down.
The coming year is expected to be another robust one for residential renovations, according to Harvard University’s Joint Center for Housing Studies.
Experts agree that 2018 is going to be good – but not as good as last year – for the mortgage business nationwide, leaving Massachusetts lenders and originators to compete even harder for fewer residential loans.
Rita Coffey has been working in the same Weymouth office with some of the same co-workers for more than three decades. Her passion for housing has taken her from a part-time sales agent up through the ranks to general manager of the office. Similarly, she rose up the ranks of her local Realtor association to become its president in 2009 and has done the same at the state level. With retirement on the horizon, she said she is not considering running for president of NAR, opting instead to do some traveling and spending more time with her two toddler grandbabies.
Despite a fairly undemanding continuing education requirement, more than half of disciplinary actions against real estate agents have to do with failure to comply with that obligation.
New Jersey-based PHH Mortgage Corp. has reached a $45 million settlement with 49 attorneys general and 45 state mortgage regulators. More than 660 Massachusetts residents are eligible for a payment totaling approximately $340,000.
Massachusetts’ real estate inventory has hit its lowest point since the MLS began tracking it in 1995.
Boston Mayor Martin J. Walsh yesterday announced the establishment of the Boston’s Way Home Fund. The fund aims to raise $10 million over the course of four years and the money will be used to create 200 new units of supportive, sustainable, long-term housing for chronically homeless men and women.
