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Sen. Warren Slams Rocket Companies’ Acquisitions, GSE Privatization

Sen. Warren Slams Rocket Companies’ Acquisitions, GSE Privatization

by Phil Hall | Jun 6, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Sen. Elizabeth Warren (D-MA) has taken aim at the Trump administration for failing to question Rocket Companies’ (NYSE: RKT) recent acquisition announcements and for seeking to privatize Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). Reuters reports Warren...
New Jersey Man Pleads Guilty to Real Estate-Based Tax Evasion

New Jersey Man Pleads Guilty to Real Estate-Based Tax Evasion

by Phil Hall | Jun 6, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A New Jersey man pleaded guilty to tax evasion that involved him buying property with the funds meant for the IRS. According to the charges brought against him, Matthew Tucci of West Long Branch, New Jersey, filed tax returns that stated he owed more than $2 million...
NAMB Taps Ginger Bell to Become Growth Officer

NAMB Taps Ginger Bell to Become Growth Officer

by Phil Hall | Jun 6, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Mortgage Brokers (NAMB) has announced the appointment of Ginger Bell as its growth officer. Bell is the founder and CEO of Go2Training, a company the provides customized training solutions to mortgage companies, lenders, and industry...
Philadelphia’s Historic Wanamaker Building to Undergo Office-to-Residential Conversion

Philadelphia’s Historic Wanamaker Building to Undergo Office-to-Residential Conversion

by Phil Hall | Jun 6, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The new owner of Philadelphia’s historic Wanamaker Building is planning an office-to-residential conversion that will bring 600 loft-style apartments to the property’s top six floors. According to combined media reports, New York City-based developer TF Cornerstone...
Las Vegas Home Sales Decline Amid Wider Listings

Las Vegas Home Sales Decline Amid Wider Listings

by Phil Hall | Jun 6, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Las Vegas area recorded a total of 2,646 sales for homes, condos and townhomes sold in May, according to data from Las Vegas Realtors. In a year-over-year measurement, sales fell by 13.1% for homes and by 19% for condos and townhomes. While sales were down last...
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