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Freddie Mac Names James Whitlinger as EVP and CFO

Freddie Mac Names James Whitlinger as EVP and CFO

by Phil Hall | Jan 7, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) has promoted James Whitlinger to executive vice president and chief financial officer (CFO). Whitlinger previously served as Freddie Mac’s senior vice president and single-family CFO since 2014. He has served as interim CFO since June of...
Developer Apologizes for Demolishing Sydney Childhood Home of AC/DC Founders

Developer Apologizes for Demolishing Sydney Childhood Home of AC/DC Founders

by Phil Hall | Jan 7, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A real estate developer has apologized for the demolition of the Sydney residence that was the childhood home of AC/DC founders Malcolm and Angus Young, claiming it was unaware of its importance in Australia’s music history. News.com.au reports the residence at...
Toronto Home Sales Up, Prices Down in 2024

Toronto Home Sales Up, Prices Down in 2024

by Phil Hall | Jan 7, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A total of 67,610 home sales were recorded in the Greater Toronto Area during 2024, a 2.6% increase from the 65,877 sales in 2023. According to data from the Toronto Regional Real Estate Board (TRREB), there was a total of 166,121 new listings for this market in 2024,...
CFPB Sues Berkshire Hathaway Unit Vanderbilt Mortgage, Alleging ‘Risky Loans’

CFPB Sues Berkshire Hathaway Unit Vanderbilt Mortgage, Alleging ‘Risky Loans’

by Phil Hall | Jan 7, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Vanderbilt Mortgage & Finance, claiming the company was “setting families up to fail when they borrowed money to buy a manufactured home.” Maryville, Tennessee-based Vanderbilt originates...
LaSalle Investment Management Acquires Arizona Industrial Complex

LaSalle Investment Management Acquires Arizona Industrial Complex

by Phil Hall | Jan 7, 2025 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Chicago-headquartered LaSalle Investment Management has acquired Tempe Commerce Park, a five-building industrial complex totaling 536,122 square feet in Tempe, Arizona. The 36.79-acre property features 24-foot clear heights, dock-high and grade-level doors, and ample...
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