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RedKey Realty Leaders merges with RE Source, launches commercial division

Housing Wire

RedKey Realty Leaders has announced a merger with RE Source LLC , a boutique commercial brokerage founded in 2001. The partnership, finalized on July 5, marks the official launch of RedKey’s commercial real estate division and adds a new office location in St. Louis region. I’ve admired what Jill has built with RedKey for a long time.

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Texas bill seeks more commercial-to-residential conversions to boost housing supply

Housing Wire

As the housing crisis manifests in different ways across various states, lawmakers in Texas recently approved a bill that would allow for more conversions of commercial buildings into residential units to bolster housing supply and reduce costs. The Texas House of Representatives gave its approval to S.B

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Washington state lawmakers working on commercial-to-residential conversion bill

Housing Wire

The House of Representatives in the state of Washington last week approved a bill that seeks to expedite the process of converting commercial buildings into residential complexes. Those rules only applied to conversions in commercial and mixed-use zones. The measure passed overwhelmingly in a vote of 95-2. HB 1757 is sponsored by Rep.

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Major title insurers post strong Q1 earnings, fueled by commercial real estate deals

Housing Wire

A surge in commercial real estate transactions helped drive solid first-quarter 2025 earnings for the countrys largest title insurers. First American Financial , Fidelity National Financial , Old Republic International and Stewart Information Services all reported year-over-year gains in commercial title revenue. a year ago.

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Rocket makes a Super Bowl commercial comeback

Housing Wire

I cant share the exact cost, but as you can imagine, a Super Bowl commercial especially one thats never been done before is a significant investment. I cant share the exact cost, but as you can imagine, a Super Bowl commercial especially one thats never been done before is a significant investment. And why that song specifically?

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Wells Fargo sells most of its commercial mortgage servicing to Trimont

Housing Wire

Wells Fargo has agreed to sell most of its commercial mortgage servicing portfolio to Atlanta-based Trimont. The deal is expected to make Trimont the largest servicer of multifamily and commercial loans in the U.S. The transaction includes only Wells Fargo’s non-agency, third-party commercial mortgage servicing (CMS) business.

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No, homeowner delinquency rates aren’t elevated

Housing Wire

These loans pertain to multifamily mortgages, which are used for commercial properties with five or more units, such as apartment buildings. This weekend, there has been a lot of discussion on social media surrounding homeowners’ delinquency data. Its not even a clever lie.