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Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case

Report: Grand Jury Refuses to Indict Letitia James in Mortgage Fraud Case

by Phil Hall | Dec 5, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The Department of Justice (DOJ) has reportedly hit a new roadblock in its attempts to prosecute New York Attorney General Letitia James on mortgage fraud-related charges. CNN, sourcing its information from an unnamed “person familiar with the development,” is...
New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market

New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market

by Phil Hall | Dec 5, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Saudi Arabia’s Real Estate General Authority (REGA) has launched “Saudi Properties” as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law...
Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio

Ares Commercial Real Estate Acquires 20-Property Industrial Portfolio

by Phil Hall | Dec 5, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Ares Commercial Real Estate Corporation (NYSE: ACRE) has acquired a light manufacturing industrial portfolio of 20 properties in eight states. The portfolio totals more than three million square feet, with properties ranging from 16,000 to 500,000 square feet. The...
Government Watchdog Agency Opens Probe into FHFA’s Pulte

Government Watchdog Agency Opens Probe into FHFA’s Pulte

by Phil Hall | Dec 4, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Government Accountability Office (GAO) is opening an investigation into Bill Pulte to determine if he abused his authority as director of the Federal Housing Finance Agency (FHFA) by ordering investigations into perceived political enemies of President Trump....
Starter Home Sales Up Nearly 5%

Starter Home Sales Up Nearly 5%

by Phil Hall | Dec 4, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Starter home sales during October were up by 4.9% from one year according to a new data report from Redfin. In comparison, home sales for mid-priced (+0.7%) and high-priced (+0.8%) residences were also up from one year earlier. Among pending home sales, the starter...
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