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Federal Reserve Leaves Rates Unchanged

Federal Reserve Leaves Rates Unchanged

by Phil Hall | May 7, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve ignored President Trump’s exhortations to cut rates and opted to maintain the target range for the federal funds rate at 4.25% to 4.5%. “Although swings in net exports have affected the data, recent indicators suggest that economic activity has...
Anna Paulson to Become Chief Executive at Philadelphia Fed

Anna Paulson to Become Chief Executive at Philadelphia Fed

by Phil Hall | Apr 18, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve Bank of Philadelphia has announced the appointment of Anna Paulson as its new president and CEO, effective July 1. She succeeds Patrick T. Harker, whose 10-year tenure will conclude on June 30, as per Federal Reserve mandatory age and...
Rami Hasani Named CFO at UWM Holdings

Rami Hasani Named CFO at UWM Holdings

by Phil Hall | Apr 1, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

UWM Holdings Corporation (NYSE: UWMC) has named Rami Hasani as its new chief financial officer, effective April 1. He will replace Andrew Hubacker, who is moving into a senior advisor role with the Pontiac, Michigan-based company. Hasani originally joined the company...
Ward Morrison to Retire as Chief Executive at Motto Mortgage and Wemlo

Ward Morrison to Retire as Chief Executive at Motto Mortgage and Wemlo

by Phil Hall | Apr 1, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Denver-headquartered RE/MAX Holdings Inc. (NYSE:RMAX) announced that Ward Morrison will retire as president and CEO of its brands Motto Mortgage and Wemlo, effective June 15. He we stay on in a consultative role at both brands through the end of the year. Morrison was...
The Appraisal Institute Faces Whistleblower Lawsuit Over Alleged Fraud in Exam Results

The Appraisal Institute Faces Whistleblower Lawsuit Over Alleged Fraud in Exam Results

by Phil Hall | Mar 31, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Appraisal Institute is being sued by a former executive who accuses the organization of firing her when she uncovered widespread fraud in the publishing of testing results. Bisnow.com reports Alissa Akins, a former director of education and publications at the...
Oralia Herrera Installed as NAHREP’s 2025 National President

Oralia Herrera Installed as NAHREP’s 2025 National President

by Phil Hall | Mar 27, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The National Association of Hispanic Real Estate Professionals (NAHREP) has installed Oralia Herrera as its 2025 National President during its annual Homeownership and Housing Policy Conference in Washington, DC. Herrera has been in the real estate profession for over...
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