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LoanSnap troubles continue as California revokes its lender license

Housing Wire

The company was evicted in May from its office in Southern California, with the landlord seeking unpaid rent of more than $530,000. These actions include a Wells Fargo suit filed in Minnesota, where the bank sought more than $430,000 over an alleged breach of contract. million.

Landlords 448
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How real estate owners can maximize the value of telecom assets while minimizing risk

Housing Wire

Telecom assets including macro towers and small cells have long served as a source of recurring revenue for real estate owners and landlords. Generally, the carrier agrees to pay the property owner or landlord monthly rent for use of land or space upon a building.

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DataDigest: New data shows how brokerages, agents, landlords & homebuilders were reshaped by the pandemic

Housing Wire

Business Dynamic Statistics data reveal that 2021 was a year of major growth for homebuilders but steep contraction for landlords (called “lessors” in the BDS). Lessors The picture was far less rosy for real estate lessors (typically landlords and real estate investment trusts ) in 2021.

Landlords 448
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Lease-Purchase Arrangements: Another Path to Homeownership?

Appraisal Buzz

Under a lease-purchase arrangement, the property seller also acts as the landlord. The buyer rents the home as a tenant first, typically paying an up-front fee or down payment under an option contract to preserve the right to purchase the property within a set time period.

Landlords 221
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EasyKnock under fire for “deceptive” sale-leaseback practices in Massachusetts

Housing Wire

In addition, her office alleges that EasyKnock violated some of Massachusetts’ landlord-tenant laws. “I Some of these changes include lowering rents for some existing tenants and complying with state landlord-tenant laws. Under the terms of the settlement EasyKnock must comply with all landlord-tenant laws.

Tenants 429
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LoanSnap loses mortgage lender license in Connecticut

Housing Wire

The landlord now seeks judgment for unpaid rent in the amount of $537,304. In November 2023, Wells Fargo sued LoanSnap for $431,511 in a district court in Minnesota, alleging breach of contract in selling a mortgage that did not meet contractual requirements, such as excessive and unsupported debt-to-income ratios. Perez on Oct.

Mortgage 418
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57 crucial real estate statistics that explain the 2025 market

Housing Wire

Other important items were taking a private tour (62%), meeting/speaking with the property manager or landlord (55%) and seeing reviews of the property manager or landlord (35%). The highest numbers of renters live in South (37%), then the West (24%), Midwest (20%) and Northeast (19%). home inspector) (both 46%).