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Oakland’s Largest Hotel Going to a Foreclosure Auction

Oakland’s Largest Hotel Going to a Foreclosure Auction

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

The largest hotel in Oakland is bound for a foreclosure auction later this month. The Oakland Marriott City Center is scheduled to be sold in a foreclosure auction on June 24. The San Francisco Business Times reports Hong Kong-based Gaw Capital Partners, the hotel’s...

Fairway Independent Mortgage Acquires Hallmark Home Mortgage

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

Madison, Wisconsin-based Fairway Independent Mortgage Corp. announced its acquisition of Hallmark Home Mortgage. The acquired company will become Hallmark Home Mortgage, Powered by Fairway, and will be a new division of Fairway. Fairway CEO and founder Steve Jacobson...
New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes

New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes

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

Another strategy for lowering Ohio’s property taxes has been brought forth with a new bill that would give counties the ability to lower property taxes if the amount collected is more than needed. WCMH reports House Bill 309, introduced by David Thomas (R-Jefferson),...
Pennsylvania Title Company President Pleads Guilty to Defrauding Underwriter, Clients and the SBA

Pennsylvania Title Company President Pleads Guilty to Defrauding Underwriter, Clients and the SBA

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

The former president of a Pennsylvania title company has pleaded guilty for defrauding a title insurance underwriter, clients and the federal government. According to the charges brought against him, Louis Belletieri was the president of Allentown-based Security...
Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial

Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial

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

A federal judge in Chicago has rejected a request by the Consumer Financial Protection Bureau (CFPB) to vacate its $105,000 settlement of redlining charges brought against the mortgage lender Townstone Financial. The settlement followed a protracted litigation that...
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