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Blockchain Real Estate Platform Propy Names Former SEC Commissioner as Advisory Board Member

Blockchain Real Estate Platform Propy Names Former SEC Commissioner as Advisory Board Member

by Phil Hall | Sep 13, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Propy, a blockchain real estate platform, announced the appointment of Michael Piwowar, a former commissioner of the Securities and Exchange Commission (SEC), as an advisory board member. In his new role, Piwowar will be tasked with helping the company navigate the...
NAR Sued by Former Employee for Sexual Harassment

NAR Sued by Former Employee for Sexual Harassment

by Phil Hall | Sep 12, 2024 | Industry Updates, News/Current Events, WRE News Exclusive

A former product manager at the National Association of Realtors (NAR) has filed a federal lawsuit claiming that she was subjected to sexual harassment by her employers. The New York Times reported Roshani Sheth worked was a staff member at the Realtors Information...
Two Quebec Real Estate Brokers Suspended for Bogus Offer Scheme

Two Quebec Real Estate Brokers Suspended for Bogus Offer Scheme

by Phil Hall | Sep 12, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Two Quebec real estate brokers had their licenses suspended for two months after being accused of encouraging friends and family members to submit phony bogus offers as part of a scheme to drive up home prices. CTV News reported the regulator for the province’s real...
Maverick Real Estate Partners Closes Seventh Flagship Fund

Maverick Real Estate Partners Closes Seventh Flagship Fund

by Phil Hall | Sep 12, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Maverick Real Estate Partners LLC (“Maverick”), a New York City-based investment manager focused on distressed debt secured by commercial real estate, has closed Maverick Lien Fund VII LP with commitments of $232.4 million from pension funds, endowments, foundations,...
Mortgage Rates Fall to 19-Month Low

Mortgage Rates Fall to 19-Month Low

by Phil Hall | Sep 12, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued to decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.20% as of Sept. 12, down from last week when it averaged 6.35%. A year ago at this time, it averaged...
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