Mortgage giants Fannie Mae and Freddie Mac provided backing for $164 billion in purchase mortgages in Q3, up 10 percent from Q2, while growing combined net worths to $147 billion.
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The Consumer Financial Protection Bureau (CFPB) on Friday announced that it is seeking a settlement with Chicago-based Townstone Financial that would resolve a case over what the bureau calls “discriminatory lending practices and redlining African American neighborhoods in Chicago.” The proposed order would prohibit Townstone from taking any action that would violate the Equal Credit…
Buyers were finally found for Rupert Murdoch’s Manhattan triplex penthouse and Donald Trump’s former estate in Greenwich, Conn. Both sold at discounts.
In this week’s episode of the Power House podcast, host Diego Sanchez sits down with FirstTeam Real Estate CEO Michele Harrington for a provocative conversation about female empowerment, leadership in the real estate industry and recruitment strategies. This interview has been edited for length and clarity. The duo start the conversation by exploring Harrington’s path…