The U.S. Department of the Treasury issued a report that recommends a new rule that would require real estate professionals to identify potential money laundering schemes in the residential real estate markets. The “National Money Laundering Risk Assessment” report...
Embrace Home Loans has promoted Ryan “Buddy” Hardiman from senior vice president of retail and direct sales to president. Hardiman, who is based at the company’s headquarters in Middletown, Rhode Island, will oversee lending operations and fulfillment areas while...
U.S. household debt increased by $212 billion (1.2%) during the fourth quarter of 2023 to reach a total of $17.5 trillion, according to the Federal Reserve Bank of New York’s Center for Microeconomic Data. Mortgage balances rose by $112 billion from the previous...
The Conference of State Bank Supervisors (CSBS) has announced the passing of its longtime general counsel John “Buz” Gorman away after an eight-month battle with glioblastoma. Gorman started his career at CSBS in 1996 and served as its general counsel for the last 15...
A Phil Hall Op-Ed: If Donald Trump resumes the presidency in 2025, Federal Reserve Chairman Jerome Powell will be out of a job come 2026. In an interview on Friday with Fox Business Network’s Maria Bartiromo, the former president said he would not reappoint Powell to...
CBRE Group Inc. (NYSE:CBRE) is paying $800 million in cash to acquire J&J Worldwide Services, a provider of engineering services, base support operations and facilities maintenance for the U.S. federal government, from Arlington Capital Partners, a Washington,...
Zillow CEO, Directors Sued Over Redfin Deal and $81M in Stock Sales
