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Trump Offers Nominees to Run Ginnie Mae, FHA

Trump Offers Nominees to Run Ginnie Mae, FHA

by Phil Hall | Aug 4, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

President Trump has nominated Joseph Gormley to become president of Ginnie Mae and Frank Cassidy to become commissioner of the Federal Housing Administration (FHA). Gormley has served as Ginnie Mae’s executive vice president and chief operating officer since April. He...
Mershops Acquires California Mall for $50 Million

Mershops Acquires California Mall for $50 Million

by Phil Hall | Aug 4, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The real estate platform Mershops has acquired the Weberstown Mall in Stockton, California, for $50 million. Built in 1966 and located within California’s Central Valley, Weberstown Mall encompasses 800,000 square feet and has a tenant base that includes Barnes...
Which States Benefit the Most from Ending Capital Gains Tax on Home Sales?

Which States Benefit the Most from Ending Capital Gains Tax on Home Sales?

by Phil Hall | Aug 4, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners in California and Hawaii are the greatest potential beneficiaries from the elimination of the capital gains tax on home sales, according to a new data report from Redfin. The new report noted that California’s the median home value is $766,896 and the...
Senate Approves Bill Prohibiting Trigger Leads

Senate Approves Bill Prohibiting Trigger Leads

by Phil Hall | Aug 4, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

The Homebuyers Privacy Protection Act, which targets the use of “trigger leads,” passed the US Senate by unanimous consent on Saturday and is now awaiting President Trump to sign it into law. The legislation, HR 2808, passed through the House of Representatives on...
Comic Matt Rife Acquires the Warren Home Featuring the Annabelle Doll

Comic Matt Rife Acquires the Warren Home Featuring the Annabelle Doll

by Phil Hall | Aug 4, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

One of the most notorious homes in the realm of the paranormal has been acquired by one of the most ubiquitous comics in the realm of viral videos. Funnyman Matt Rife announced that he has teamed with ghost hunting YouTuber Elton Castee to purchase the Monroe,...
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