The majority of mortgage industry trade groups and professionals reacted in a supportive but pragmatic way following an announcement from federal housing agencies that detailed moves to modernize mortgage underwriting by introducing newer credit scoring models. They largely welcomed the shift while

A Georgia man has been arrested on mortgage fraud and identity theft charges for allegedly posing as his own missing brother to sell his house.  Kenneth Lee Harris, 62, was jailed in Cobb County, GA, earlier this month, just days after he allegedly closed a deal to sell his brother Ted Harris' three

More than 61% of the nation is now in a drought, the highest percentage in nearly four years, according to the most recent U.S. Drought Monitor. In places like central North Carolina, officials have imposed water restrictions, which affect over 600,000 residents in Wake County. Low water levels at F

A stunning penthouse that served as the opulent Manhattan home of Leonardo DiCaprio's character in "The Wolf of Wall Street" has been put on the market for $4.95 million—giving one lucky homebuyer the chance to own "a distinctive piece of cinematic history." The three-bedroom, 3.5-bathroom Manhattan

Terra and Suntex Marinas filed plans to redevelop the Miami Beach Marina, proposing a 14-story office building. The development would replace the three-story building at 344 Alton Road that includes Monty’s Sunset restaurant, the South Florida Business Journal reported. The Miami Beach Commission is

Federal agencies on Wednesday took steps to bring newer credit scoring models into the mortgage underwriting process, marking a significant shift in how borrower risk is evaluated. U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the adoption of FICO 10T and Va

Prospective homebuyers with a history of on-time payments for rent and utilities may soon find it easier to qualify for a mortgage, thanks to changes at Fannie Mae and Freddie Mac. U.S. Federal Housing Finance Agency Director William Pulte, who is also the chairman of federally controlled Fannie and

Michigan lawmakers returned from spring recess with housing affordability clearly in their sights. A bipartisan group shepherding a package of bills this week picked up strong support from a coalition of housing advocates and business groups, including the Home Builders Association of Michigan. That

Actress Eva Longoria has opened up about how her life has changed since her family decided to quit the U.S. and relocate abroad—while revealing whether she has any plans to return to America for good. Longoria, 51, who was born and raised in Texas, announced in 2024 that she had "escaped" the U.S.,

The Miami-Dade County Commission voted to sue or take other action to enforce a contract with billionaire Jeff Bezos’ Amazon to employ at least 325 full-time employees at the company’s warehouse in Homestead, built on land acquired from the county. Amazon plans to close the warehouse at 27505 Southw

Toll Brothers, one of the nation's largest homebuilders, will acquire Arkansas-based Buffington Homes, continuing a trend of major homebuilder consolidation. The deal, expected to close in the third quarter, will be Toll Brothers' 16th homebuilder acquisition since 1995. Terms of the deal were not d

The carrier's first-quarter earnings topped Wall Street's expectations.

Mortgage applications jumped this week as easing mortgage rates prompted an increase in both refinancing and purchase activity. For the week ending April 17, Mortgage Bankers Association’s weekly Mortgage Applications Survey found that overall mortgage applications increased 7.9% from one week earli

Famed wrestler Hulk Hogan revealed in an emotional interview before his death that he fell into a dangerous pattern of drug and alcohol abuse in the wake of his divorce from his first wife, Linda, explaining in a newly released Netflix documentary how his life slowly fell apart behind closed doors.

Virginia voters approved a measure to temporarily change their state's Congressional map, a consequential decision that could help Democrats take back control of the U.S. House this fall. The ballot measure would rework the state's 11 Congressional districts in a way that heavily favors Democrats. V

Boeing expects certification of new Max 7 and 10 models later this year, with deliveries starting in 2027.

The former executive director of the CIA found a buyer for his Palm Beach mansion asking $33 million, making it the most expensive residential contract inked in the county last week.  Buyers signed 44 contracts between April 13 and April 19 for luxury properties in Palm Beach County, the most of any

Kylie Jenner is being sued by a former housekeeper, who has alleged that she was subjected to "severe and pervasive harassment" while working for the reality star at her $20 million Los Angeles mansion. Jenner, 28, was named as a defendant in a lawsuit filed by Angelica Vasquez on April 17 alongside

🏆 Commercial: In Weston, the 174-key Courtyard by Marriott at 2000 North Commerce Parkway sold for $22.75 million. Ashford Hospitality sold the hotel to Driftwood Capital. The price was under $131,000 per key. Driftwood borrowed $19.3 million from Fifth Third Bank to finance the deal.  🏆 Residenti

While America's wealthy families are still buying property, the share of their portfolios devoted to real estate has plummeted to the lowest level in six years, signaling a pivot toward other investments. At the end of the third quarter of 2025, real estate accounted for 17.1% of total assets among