Century 21 Circle — ranked among Century 21’s top 10 companies globally — has entered the Michigan market by bringing on the Sparta-based Kelley Real Estate Group. Company leaders said the move reflects trends across Midwest markets surrounding Lake Michigan, where relocation patterns, second homebuyers and client referrals increasingly cross state lines. “This isn’t just […]
Top Century 21 firm expands into Michigan Read More »
The housing market update still looks relatively stable on the surface. Inventory rose to 723,460 single-family homes in the week ending April 3, while 34.44% of listings had price cuts and the weekly absorption rate came in at 10.49%. At the national level, the baseline is still holding. As HousingWire Lead Analyst Logan Mohtashami noted
The housing market is fragmenting as local trends diverge Read More »
Virginia-based Allied Title and Escrow has expanded its operations into Ohio and Michigan — bringing its total footprint to 14 states. The move marks another step in Allied’s national growth strategy and expands its presence in the Midwest as leaders cited increased demand from real estate agents, lenders and investors seeking technology-driven title and escrow
Allied Title and Escrow expands into Ohio, Michigan Read More »
Rocket Mortgage has sued a California mortgage brokerage and one of its executives, alleging they knowingly submitted fraudulent loan applications that concealed borrowers’ debts and caused financial losses after the loans were sold to investors. In a complaint filed Tuesday in the U.S. District Court for the Eastern District of Michigan, Rocket Mortgage said Sharp
Rocket Mortgage alleges $194,000 loss in broker fraud lawsuit Read More »
West Capital Lending said on Thursday that it has entered into a strategic partnership with Mortgage Connections, a Michigan-based mortgage brokerage. Mortgage Connections, founded by Ali Younes & Joe Dakroub Esq., has closed more than 843 transactions and $239 million in funded loan volume over the last 14 months, according to data from MMI. The
West Capital Lending partners with Mortgage Connections Read More »
The Michigan State Housing Development Authority (MSHDA) announced on Thursday that it is partnering with the Tobias Harris Homeownership Initiative, Guild Mortgage and Homium on a pilot shared-appreciation mortgage program aimed at expanding access to homeownership in Detroit. The effort is backed by Detroit Pistons basketball player Tobias Harris. The mortgage product will provide qualified
Detroit’s new 40% down payment assistance program Read More »
Credit Union ONE announced on Tuesday that it has acquired Icon Mortgage. A press release confirmed that Michigan-based Credit Union ONE will retain all employees from Icon Mortgage, including senior leadership, and “intends to operate the company as a separate mortgage lending affiliate.” The terms of the transaction were not disclosed. Credit Union ONE did not
Credit Union ONE acquires Icon Mortgage Read More »
Michigan-based Clients First Realtors of Canton has joined the Real Estate One Family of Companies. Founded in 1995, Clients First has operated within Michigan for more than 25 years. “Clients First Realtors’ values align closely with our own, especially when it comes to giving back to the communities where we live and work,” said Dan
Real Estate One expands with Michigan acquisition Read More »
Michigan cities and a bipartisan group of state lawmakers are backing a $160 million annual budget proposal aimed at increasing housing construction and rehabilitation through local zoning changes and financial incentives. Officials say it could spur 10,000 new homes over five years — or about 2,000 a year — at a total cost of $800
Michigan cities, lawmakers seek $800M for housing incentives Read More »
Two Oakland County, Michigan, title insurance agents have had their licenses suspended following allegations of misappropriating millions in escrow funds. The agents are also accused of failing to cooperate with auditors and a state investigation — as well as contributing to at least one homeowner’s foreclosure, according to a local news report. The Michigan Department
Michigan title agents suspended over escrow allegations Read More »