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Newsom Suspends Environmental Laws for Utilities in Rebuilding After LA Fires

Newsom Suspends Environmental Laws for Utilities in Rebuilding After LA Fires

by Phil Hall | Mar 31, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

California Gov. Gavin Newsom signed an executive order suspending what he dubbed as “unnecessary permitting and review requirements” by the utilities working to rebuild the areas devastated by January’s wildfires in Los Angeles County.  to accelerate the rebuild of...
Bank of America Reports 80% Surge in Q1 Mortgage Applications

Bank of America Reports 80% Surge in Q1 Mortgage Applications

by Phil Hall | Mar 31, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Bank of America (NYSE: BAC) is closing the first quarter of this year with an 80% spike in mortgage applications. According to a Reuters report, the Charlotte, North Carolina-headquartered financial institution – the nation’s second largest bank – is experiencing more...
Ottawa Man Arrested for Real Estate Investment Scam

Ottawa Man Arrested for Real Estate Investment Scam

by Phil Hall | Mar 31, 2025 | Current News & Events, International Real Estate News, Real Estate Investing, Real Estate News, WRE News Exclusive

Canada’s Ottawa Police Service arrested Timothy LaFlamme for running a real estate investment scam. According to the charges brought against him, LaFlamme is accused of defrauding friends and acquaintances of over $240,000 between December 2023 and September 2024....
Judge Blocks Trump Effort to Whittle Down the CFPB

Judge Blocks Trump Effort to Whittle Down the CFPB

by Phil Hall | Mar 28, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A federal judge has halted the Trump administration’s actions to downsize and realign the Consumer Financial Protection Bureau (CFPB). In a 112-page ruling by US District Judge Amy Berman Jackson, an Obama administration appointee, the Trump administration was ordered...
Hits and Misses for the Real Estate Week of March 24-28

Hits and Misses for the Real Estate Week of March 24-28

by Phil Hall | Mar 28, 2025 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

The CFPB’s about-face, an iconic retail chain’s downfall and the rescue of a derelict Frank Lloyd Wright home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 24-28. Hit: An Unprecedented Oops. Once upon a time,...
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