A former employee of the District of Columbia Housing Authority who later became a real estate developer has pleaded guilty to federal charges — stemming from a yearslong scheme to secure millions of dollars in financing from private mortgage lenders. The announcement was made by the office of Jeanine Pirro, the U.S. Attorney for the […]
Former DC housing official pleads guilty to mortgage fraud Read More »
A federal judge in Chicago has extended Zillow’s temporary restraining order against Midwest Real Estate Data (MRED) in the listing portal giant’s antitrust lawsuit against the Chicagoland MLS and Compass International Holdings. On Thursday morning, Zillow filed a motion to extend its temporary restraining order against MRED, which required MRED to restore its listing feed
Zillow’s MRED feed remains safe, but Realtracs showdown nears Read More »
Over the past three months, mortgage rate movement has been driven primarily by developments in the Iran war. It’s not that war, itself, is a consideration, but rather the implications for fuel prices and inflation. Bonds care deeply about inflation and interest rates are based directly on bonds. When inflation isn’t raging (or at the
Mortgage Rates Jump After Strong Jobs Report Read More »