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HUD and Ginnie Mae in Housing Finance Deal with South Korea

HUD and Ginnie Mae in Housing Finance Deal with South Korea

by Phil Hall | Jun 16, 2025 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Department of Housing and Urban Development (HUD) and Ginnie Mae signed a memorandum of understanding (MOU) with the Korea Housing Finance Corporation (KHFC) to encourage cross-border investment and collaboration between the US housing finance system and South...
Virginia Homebuilders Partner on New Mortgage Lending Joint Venture

Virginia Homebuilders Partner on New Mortgage Lending Joint Venture

by Phil Hall | Jun 16, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

The Virginia-based homebuilders Stateson Homes and Atlantic Builders announced the debut of M2B Mortgage, a new joint venture formed in partnership with OneTrust Home Loans. According to the companies, M2B Mortgage was created to “provide a more personalized,...
Ex-Caltrain Employees Sentenced for Setting Up Unauthorized Apartments in Commuter Stations

Ex-Caltrain Employees Sentenced for Setting Up Unauthorized Apartments in Commuter Stations

by Phil Hall | Jun 16, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Two former employees of Caltrain, the commuter rail line serving California’s San Francisco Peninsula and Santa Clara Valley, were sentenced to a collective six months for embezzling funds to build unauthorized apartments inside stations. MoneyWise reports Seth Andrew...
Hits and Misses for the Real Estate Week of June 9-13

Hits and Misses for the Real Estate Week of June 9-13

by Phil Hall | Jun 13, 2025 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

The closing of HUD’s Los Angeles field offices by the ongoing riots, Ohio lawmakers kowtowing to the Cleveland Browns, and a real estate agent who keeps selling at 100. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June...
California Attorney General Sues Statewide Landlord, Citing Violations of Multiple Laws

California Attorney General Sues Statewide Landlord, Citing Violations of Multiple Laws

by Phil Hall | Jun 13, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

California Attorney General Rob Bonta has filed a lawsuit against PAMA Management, a group of property management and real estate holding companies owned by Swaranjit “Mike” Nijjar, his sister Daljit “DJ” Kler, and other members of his family. The Nijjar family and...
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