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Florida Real Estate Agent Sentenced for Five Years of Tax Evasion

Florida Real Estate Agent Sentenced for Five Years of Tax Evasion

by Phil Hall | Feb 27, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A Florida real estate agent self-dubbed the “Land Man” was sentenced to 14 months in prison for failing to file his income tax returns during a five-year period. Sedita Charles Cayson was found guilty last month by a federal judge of five counts of willfully failing...
CFPB Drops Enforcement Action Against Four Companies

CFPB Drops Enforcement Action Against Four Companies

by Phil Hall | Feb 27, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has dropped four enforcement actions against financial services companies. CNBC reports the agency issued legal filings for the voluntary dismissal for cases involving Capital One, the Berkshire Hathaway-owned Vanderbilt...
Trump’s Picks to Run FHFA, CFPB Pledge Agency Reform

Trump’s Picks to Run FHFA, CFPB Pledge Agency Reform

by Phil Hall | Feb 27, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

President Trump’s nominees to lead the Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) pledged to bring reform to their respective agencies. In testimony delivered today before the Senate Banking, Housing and Urban Affairs...
Mortgage Rates Decline Again

Mortgage Rates Decline Again

by Phil Hall | Feb 27, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued to decline, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.76% as of Feb. 27, down from last week when it averaged 6.85%. A year ago at this time, it...
NAR’s Pending Home Sales Index Sinks to All-Time Low

NAR’s Pending Home Sales Index Sinks to All-Time Low

by Phil Hall | Feb 27, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales dropped during January, according to new data from the National Association of Realtors (NAR). The Pending Home Sales Index (PHSI), NAR’s forward-looking indicator of home sales based on contract signings, tumbled by 4.6% to 70.6 in January, an...
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