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Former MBA Chief David H. Stevens Passes Away

Former MBA Chief David H. Stevens Passes Away

by Phil Hall | Jan 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) announced death of its former President and CEO David H. Stevens at the age of 66. Stevens served as the trade group’s leader from 2011 until 2018. He was previously Assistant Secretary of Housing – Federal Housing Commissioner...
Jenny Isgett Joins Title Resources Group’s Executive Team

Jenny Isgett Joins Title Resources Group’s Executive Team

by Phil Hall | Jan 17, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Dallas-based Title Resources Group has recruited Jenny Isgett to its executive leadership team, reporting to CEO Scott McCall. Isgett will lead business development in many areas of the company, including builder relationships and national agents. She is a past...
Tom Larson Named CEO of the Wisconsin Realtors Association

Tom Larson Named CEO of the Wisconsin Realtors Association

by Phil Hall | Jan 16, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Wisconsin Realtors Association (WRA) announced the appointment of Tom Larson as its new CEO. Larson replaces Mike Theo, who retired from the leadership role at the end of 2023. Larson joined WRA in 1998 and was previously the WRA’s executive vice president –...
Fed Governor Waller Advocates Moving ‘Methodically and Carefully’ with Rate Cuts

Fed Governor Waller Advocates Moving ‘Methodically and Carefully’ with Rate Cuts

by Phil Hall | Jan 16, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Federal Reserve Governor Christopher Waller said the U.S. economy was “within striking distance” of the central bank’s goal of a 2% inflation rate, but he cautioned against pushing for interest rate cuts until a lower inflation environment was sustainable....
FTC Returns $1.2 Million to Consumers from Loan Modification Scheme

FTC Returns $1.2 Million to Consumers from Loan Modification Scheme

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

The U.S. Federal Trade Commission (FTC) is disbursing more than $1.2 million in refunds to borrowers who lost money to Consumer Defense, a fraudulent mortgage modification scheme. The FTC is sending payments to 6,261 consumers who will each receive $201.34. The agency...
California City Takes State Housing Mandate Case to Appeals Court

California City Takes State Housing Mandate Case to Appeals Court

by Phil Hall | Jan 12, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The City of Huntington Beach, California, is pressing ahead in a legal challenge against the state’s housing mandates. The Los Angeles Times reported the city filed an appeal in the Ninth Circuit Court of Appeals yesterday seeking a reversal of a November decision...
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