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Trump Commutes Sentence on Real Estate Developer Convicted in $50 Million Mortgage Fraud Scheme

Trump Commutes Sentence on Real Estate Developer Convicted in $50 Million Mortgage Fraud Scheme

by Phil Hall | Jan 21, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

President Trump has commuted the sentence of a real estate developer who was convicted two years ago in a $50 million mortgage fraud involving Connecticut properties. Jacob Deutsch of Brooklyn was sentenced in January 2024 to five years in prison and fined $10,000 for...
Tampa Bay Rays in MOU to Build New Stadium on Hillsborough College Campus

Tampa Bay Rays in MOU to Build New Stadium on Hillsborough College Campus

by Phil Hall | Jan 21, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Tampa Bay Rays have signed a non-binding memorandum of understanding (MOU) with Hillsborough College to redevelop the college’s 113-acre Dale Mabry campus to become a new baseball stadium and mixed-use development. MLB.com reports the campus is south of George M....
Sen. Warren Demands DOJ Records on Probe into Fed Chairman Powell

Sen. Warren Demands DOJ Records on Probe into Fed Chairman Powell

by Phil Hall | Jan 21, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Sen. Elizabeth Warren (D-MA), the ranking member of the Senate Banking Committee, is demanding access to the records related to the Department of Justice’s (DOJ) investigation into Federal Reserve Chairman Jerome Powell over claims that he may have committed perjury...
Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes

Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes

by Phil Hall | Jan 21, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Trump issued an executive order on Tuesday evening that directed federal agencies to stop backing loans and offering incentives that would enable institutional investor purchases of single-family homes. “A growing share of single-family homes, often...
Refinancing Inquiries Spark Upswing in Mortgage Application Activity

Refinancing Inquiries Spark Upswing in Mortgage Application Activity

by Phil Hall | Jan 21, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity was on the rise thanks mainly to an upswing in refinance inquiries fueled by declining mortgage rates, according to data from the Mortgage Bankers Association (MBA) for the week ending Jan. 16. The Market Composite Index, the MBA’s...
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