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Alanna McCargo Steps Down as FHLBank San Francisco Chief Executive

Alanna McCargo Steps Down as FHLBank San Francisco Chief Executive

by Phil Hall | Jan 31, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced President and CEO Alanna McCargo is stepping down, effective immediately. McCargo will transition into a new role as special policy advisor, working directly with the chairman of the board...
Closinglock Closes $34 Million in Series B Funding

Closinglock Closes $34 Million in Series B Funding

by Phil Hall | Jan 31, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Closinglock, the Austin-headquartered fintech and fraud prevention technology provider for the real estate industry, has closed a $34 million Series B funding round led by Sageview Capital and supported by Headline and RWT Horizons. According to the company, the...
Report: White House Considers Firing Rohit Chopra and Shifting CFPB Oversight

Report: White House Considers Firing Rohit Chopra and Shifting CFPB Oversight

by Phil Hall | Jan 31, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration is reportedly ready to fire Rohit Chopra, the Biden-era appointee serving as director of the Consumer Financial Protection Bureau (CFPB), and it is also considering shifting oversight of the agency to either the US Department of the Treasury...
Utah Governor’s Housing Aide: Illegal Immigrant Crackdown Could Drive Up Home Prices

Utah Governor’s Housing Aide: Illegal Immigrant Crackdown Could Drive Up Home Prices

by Phil Hall | Jan 31, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The housing advisor to Utah Gov. Spencer Cox is predicting the Trump administration’s crackdown on illegal immigration could drive up home prices. The Deseret News reports that Steve Waldrip, who serves as senior advisor for housing strategy and innovation for the...
Canada Adds 6 Federal Properties for Transition to Affordable Housing

Canada Adds 6 Federal Properties for Transition to Affordable Housing

by Phil Hall | Jan 31, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government has added six federal properties to the Canada Public Land Bank, with the goal of transitioning the properties into affordable housing. According to a government statement, the properties have the potential to create approximately 1,770 units...
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