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21 State Attorneys General Blast Mortgage Fraud Probe of Letitia James as ‘Harassment and Intimidation’

21 State Attorneys General Blast Mortgage Fraud Probe of Letitia James as ‘Harassment and Intimidation’

by Phil Hall | Aug 26, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A coalition of 21 Democratic state attorneys general have issued a public letter condemning the US Department of Justice (DOJ) probe of New York State Attorney General Letitia James for alleged mortgage fraud, claiming it is an act of political retribution by the...
ECI Group Breaks Ground on Savannah-Area Mixed-Use Development

ECI Group Breaks Ground on Savannah-Area Mixed-Use Development

by Phil Hall | Aug 26, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

ECI Group has broken ground on The Averly Richmond Hill, a $60 million, 291-unit, mixed-use development with retail acreage in the Savannah suburb of Richmond Hill, Georgia. The Averly Richmond Hill will feature 243 apartment-style units plus 48 three-story townhouses...
Airbnb Co-Founder Joe Gebbia Named Director of Trump’s National Design Studio

Airbnb Co-Founder Joe Gebbia Named Director of Trump’s National Design Studio

by Phil Hall | Aug 26, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Joe Gebbia, the co-founder of Airbnb (NASDAQ: ABNB), has been tapped by President Trump to lead the newly established National Design Studio. Trump launched the new initiative in an Executive Order, stating it will “work to reduce duplicative design costs, leverage...
Ex-CEO of Collapsed Crypto Trading Platform Starts Second Career as Mortgage Broker

Ex-CEO of Collapsed Crypto Trading Platform Starts Second Career as Mortgage Broker

by Phil Hall | Aug 26, 2025 | Current News & Events, International Real Estate News, Mortgage Information, Real Estate News, WRE News Exclusive

The former chief executive of the collapsed cryptocurrency trading platform Hayvn has re-emerged working as a mortgage broker in a suburb of Melbourne, Australia. The Australian Broadcasting Corporation reports that Christopher Flinos, the former CEO of crypto firm...
Trump Announces He is Firing Fed Gov. Cook Over Mortgage Fraud Allegations

Trump Announces He is Firing Fed Gov. Cook Over Mortgage Fraud Allegations

by Phil Hall | Aug 26, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

President Trump has announced that he is firing Lisa D. Cook from the Federal Reserve’s Board of Governor over allegations of mortgage fraud, but Cook has stated the president has no authority to remove her from office. On Monday evening, Trump sent a letter to Cook...
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