Ransomware attack delays home sales in Baltimore

The attack began last week and has locked up the city’s computer systems, which is preventing title companies from checking on properties’ lien status Continue reading

Opendoor sued for trademark infringement over its mortgage brokerage

Open Mortgage operates 79 branches in 22 states and offered $668 million in home loans in 2017, according to a complaint the lender filed with United States District Court for the Eastern District of Texas. It was founded in 2003, is headquartered in A… Continue reading

WeWork parent company sets up $2.9B property investment fund

The We Company, which is the parent company of WeWork, is setting up a new real estate investment fund for commercial projects around the world. Continue reading

Builder confidence rises due to demand and limited supply: NAHB

Builder confidence for newly built single-family homes rose three points to 66 in May, according to the latest data from the National Association of Home Builders.  Continue reading