Educational BREAKING — Mortgage Professional America reports that a California woman now faces federal wire fraud charges, accused of diverting more than $400,000 from a youth sports nonprofit. The allegation is that the funds were siphoned to cover personal mortgage obligations, turning a community organization's treasury into a
Educational BREAKING — Mortgage Professional America reports that federal prosecutors have indicted two California men accused of running a fake mortgage relief operation that allegedly defrauded thousands of struggling homeowners out of $15 million. The scheme preyed on borrowers already facing financial distress, extracting money through false promises of loan modifications
Educational HousingWire reports that translating the ROAD Act from statute to operating reality will run through a thicket of resource constraints at HUD, which is tasked with executing roughly seven in ten of the 125 federal actions the law requires. Rulemakings of this scale typically stretch across 18 to 24
Educational BREAKING — National Mortgage News reports that lenders are seeing a robust jumbo market even as credit tightens overall, with the decrease in jumbo availability accounting for much of the decline in the latest mortgage credit index while conforming and government offerings held steady. This suggests a bifurcation in the
The record, out Oct.
Educational Deadline reports that the Zurich Summit has added its second wave of speakers for the September 25 to 27 gathering, with Oscar winner Edward Berger of Conclave, Oscar nominee Robbie Brenner of Barbie, Constantin Film CEO Oliver Berben, and Komplizen producer Janine Jackowski among the newly announced names. Director-
Educational The Hollywood Reporter notes that director Adrian Buitenhuis has turned his lens toward Rick Hansen's 1980s wheelchair trek around the globe, a documentary set to premiere at the Toronto Film Festival that promises a visceral look at paraplegic athletic endurance. The film appears to trade on the
Educational Hypebeast reports that Netflix has released the official trailer for Below, a six-part limited series starring Josh Hartnett as a Newfoundland fisherman facing a deadly sea creature off the coast. The thriller, created by Jesse McKeown, is set to debut on October 8 following its premiere at the
Educational The Real Deal National reported Wednesday that Centerspace and Independence Realty Trust have agreed to an all-stock merger that would create a combined company with a $5 billion equity market capitalization and $8.1 billion in total enterprise value. The deal brings together more than 44,000 multifamily
Journalists who witnessed Sept.
Educational 11Alive Atlanta Local reports that police responded to the Reserve at Stone Creek Apartments in DeKalb County after reports of a domestic incident involving an armed individual. The situation escalated when the suspect fired a gun, injured an officer, and then barricaded himself inside the apartment. These are the
Takeaway: A higher-than-expected inflation report has markets anticipating a Fed rate hike next Wednesday, but there’s more room than usual for markets to be surprised.