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Hispanic Household Wealth Tripled Over The Past Decade: NAHREP

Hispanic household wealth ballooned to $63,400 in 2022, growing more rapidly than any other demographic group in the country, according to a recent report published by Hispanic Wealth Project, a nonprofit established by the National Association of Hispanic Real Estate Professionals (NAHREP). While other racial and ethnic demographics have seen

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Existing-Home Sales Make A Comeback In January: NAR

Existing-home sales picked up in January as buyers took advantage of the lowest mortgage rates seen in several months. Existing-home sales rose 3.1% from December to a seasonally adjusted annual rate of 4 million in January, according to a report from the National Association of Realtors (NAR). Year over year,

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V.A. Is Still “moving Forward” With Servicing Purchase Program

The U.S. Department of Veteran Affairs is still moving forward with its servicing purchase program, despite a hearing in the U.S. House Committee on Veterans Affairs last week raising uncertainties about its future. “We’re still moving forward; we’re still working to get our program out for veterans. We do believe

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First Home Mortgage Taps Former Draper And Kramer Executive

First Home Mortgage Corp. bolstered its presence in the Washington, D.C., region with the opening of a new branch in Bethesda, Maryland, the company announced on Tuesday. In that context, First Home appointed Chris Channell, a 2022 HousingWire Rising Star, to the position of vice president of business development at

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HUD Inspector General Discusses NYC Corruption Investigation

Earlier this month, the U.S. Attorney’s Office for the Southern District of New York (SDNY) announced that it had made a series of 70 charges against current and former officials from the New York City Housing Authority (NYCHA), alleging bribes and kickbacks and charging them with bribery and extortion. The

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