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Leadership Shake-Up at Target with New CEO

Leadership Shake-Up at Target with New CEO

by Phil Hall | Aug 20, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Target Corporation (NYSE: TGT), the Minneapolis-headquartered retailer with more than 2,000 stores, announced that CEO Brian Cornell will transition to executive chairman of the board of directors while Chief Operating Officer Michael Fiddelke will take on the CEO...
FHFA’s Pulte Accuses Federal Reserve Governor of Mortgage Fraud

FHFA’s Pulte Accuses Federal Reserve Governor of Mortgage Fraud

by Phil Hall | Aug 20, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Federal Housing Finance Agency (FHFA) Director Bill Pulte has made a new criminal referral to the Department of Justice on alleged mortgage fraud, this time aiming at Federal Reserve Governor Lisa D. Cook. In a posting on his personal X account, Pulte claimed that...
Sen. Adam Schiff Launches Legal Defense Fund to Combat Mortgage Fraud Allegations

Sen. Adam Schiff Launches Legal Defense Fund to Combat Mortgage Fraud Allegations

by Phil Hall | Aug 20, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Sen. Adam Schiff (D-CA) has launched a legal defense fund as the Department of Justice (DOJ) is reportedly investigating his finances. Last month, President Trump accused Schiff of mortgage fraud while the lawmaker was a member of the House of Representatives. Trump...
Mortgage Application Activity Down Slightly

Mortgage Application Activity Down Slightly

by Phil Hall | Aug 20, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity declined in the week ending Aug. 15, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.4% on a seasonally adjusted basis from one...
The Best Housing Markets? Two New Data Reports Offer Different Opinions

The Best Housing Markets? Two New Data Reports Offer Different Opinions

by Phil Hall | Aug 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Question: What housing markets are currently considered to be the hottest? Answer: It depends which data report you consult. And a pair of newly Realtor.com published its list of Top Metros for New Construction, which involves an analysis of the 100 largest metros...
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