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DCHFA Names Melissa Lee as CFO

DCHFA Names Melissa Lee as CFO

by Phil Hall | May 21, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The District of Columbia Housing Finance Agency (DCHFA) announced the appointment of Melissa Lee as its new chief financial officer (CFO). She succeeds Steve Clinton, who has retired. Lee was previously CFO of Planned Parenthood of Maryland Inc. Earlier in her career,...
MBA Chief: Trump Team ‘Understands Housing and Real Estate Finance’

MBA Chief: Trump Team ‘Understands Housing and Real Estate Finance’

by Phil Hall | May 21, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The chief executive of the Mortgage Bankers Association (MBA) praised the Trump administration for having a strong understanding of how the housing market operates. Speaking before the trade group’s 2025 Secondary and Capital Markets Conference, MBA President and CEO...
SEC Brings Fraud Charges Against Unicoin Over False Real Estate Claims

SEC Brings Fraud Charges Against Unicoin Over False Real Estate Claims

by Phil Hall | May 21, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Securities and Exchange Commission (SEC) has charged New York City-based Unicoin Inc., a cryptocurrency company, with making false and misleading statements in an offering of certificates that purportedly conveyed rights to receive crypto assets called Unicoin...
Mortgage Application Activity Slows Down

Mortgage Application Activity Slows Down

by Phil Hall | May 21, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity declined for the week ending May 16, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.1% on a seasonally adjusted basis from one...
Pacaso Reserves Nasdaq Ticker

Pacaso Reserves Nasdaq Ticker

by Phil Hall | May 21, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Pacaso, the San Francisco-headquartered marketplace for co-owned luxury vacation homes, announced it has reserved the ticker symbol “PCSO” on the Nasdaq Stock Market. According to the company, reserving the ticker symbol does not guarantee a future listing...
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