Finance & Mortgage

‘Smurfing’ By Chinese Nationals is Causing Real Estate Prices to Go Through The Roof

“Smurfing” or the practice of sending money abroad in small amounts to avoid question by authorities is on the rise and is affecting real estate prices.

Real Estate News: Residential Real Estate Brokerage, NRT LLC, Rebrands Its Personal Lines Insurance Entity to Castle Edge Insurance Agency

NRT Insurance Agency, the personal lines insurance entity of residential real estate brokerage, NRT LLC, has been rebranded and will now operate under the name Castle Edge Insurance Agency.

Mortgage Financiers Fannie Mae and Freddie Mac Report Loss, Will Probably Seek Treasury Aid

Fannie Mae and Freddie Mac reported a losing quarter for the first time in four years and the Federak Housing Finance Agency or FHFA believes that the two will most likely need a shot in the arm from the Treasury capital.
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