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Report: Chicago Mayor Johnson to Propose Property Tax Hike to Fix Budget Gap

Report: Chicago Mayor Johnson to Propose Property Tax Hike to Fix Budget Gap

by Phil Hall | Oct 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Chicago Mayor Brandon Johnson is reportedly planning a major policy switch with a proposal to raise property taxes as a strategy to address the city’s budget problems. The Chicago Tribune, citing input from three unnamed alderman, said officials in Johnson’s...
Dream Finders Homes Acquires Alliant National Title Insurance

Dream Finders Homes Acquires Alliant National Title Insurance

by Phil Hall | Oct 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Dream Finders Homes (NYSE: DFH), a homebuilder based in Jacksonville, Florida, announced its acquisition of Alliant National Title Insurance Company Inc. and a related affiliate. Based in Longmont, Colorado, Alliant National is a title insurance underwriter with more...
Douglas Elliman Fires President and CEO Scott Durkin

Douglas Elliman Fires President and CEO Scott Durkin

by Phil Hall | Oct 29, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Douglas Elliman Inc. (NYSE:DOUG) continued to shake up its executive leadership with the firing of President and CEO Scott Durkin. The company announced Durkin’s departure in a filing with the Securities and Exchange Commission, which tersely announced his employment...
FHFA Updates GSEs’ Appraisal Policies

FHFA Updates GSEs’ Appraisal Policies

by Phil Hall | Oct 28, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) announced updates to several appraisal policies related to Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCBQ: FMCC). The government-sponsored enterprises (GSEs) will expand eligibility for appraisal waivers and inspection-based...
Maryland Resort Town Sues Feds Over Offshore Wind Project

Maryland Resort Town Sues Feds Over Offshore Wind Project

by Phil Hall | Oct 28, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The resort town of Ocean City, Maryland, is suing the federal Bureau of Ocean Energy Management (BOEM) regarding the US Wind offshore project. The US Wind project involves the construction of 114 offshore wind turbines 10.7 miles off of Ocean City’s coast – the...
Laura Escobar Sworn In as MBA’s 2025 Chairperson

Laura Escobar Sworn In as MBA’s 2025 Chairperson

by Phil Hall | Oct 28, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Mortgage Bankers Association (MBA) installed Laura Escobar, president of Lennar Mortgage, as its 2025 chairperson at a ceremony during the trade group’s 2024 Annual Convention & Expo. Escobar currently serves on several advisory boards and committees,...
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