Monthly Archives: April 2021

Madonna drops $19.3M on The Weeknd’s amenity-filled mansion

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Abel Tesfaye, the Toronto-born musician known as The Weeknd, first put his 12,500-square-foot Hidden Hills home on the market last summer. Continue reading →

Fannie, Freddie to adopt new underwriting standards for qualified mortgages on July 1

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Mortgage Bankers Association says lenders have been gearing up for changes, and new standards will actually increase access to credit. Continue reading →

Howard Hanna sues Compass, alleges theft of agents and trade secrets in lead up to Compass’ IPO

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In a new lawsuit, Pittsburgh-based Howard Hanna alleges Compass aided and abetted three former Howard Hanna agents to breach non-compete, non-solicitation and confidentiality provisions in the agents’ contracts and steal the brokerage’s trade secrets. Continue reading →

Rents see national growth after 8-month stretch of declines

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The US median rent increased 1.1 percent year over year in March after 8 consecutive months of declines, according to a new report from realtor.com released on Tuesday. Continue reading →

Independent mortgage banks made more money than ever in 2020

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Independent mortgage banks’ profits surpassed previous year by nearly 186 percent, according to the Mortgage Bankers Association’s Annual Mortgage Bankers Performance Report. Continue reading →