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Fathom Holdings Acquires Arizona Brokerage

Fathom Holdings Acquires Arizona Brokerage

by Phil Hall | Nov 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The real estate services platform Fathom Holdings Inc. (NASDAQ: FTHM) announced its acquisition of My Home Group, an Arizona-based brokerage ranked 27th in the nation by transaction volume. My Home Group brings over 2,200 agents and completes approximately 12,000...
Bernard Marcus, Co-Founder and First Chief Executive of The Home Depot, Dies at 95

Bernard Marcus, Co-Founder and First Chief Executive of The Home Depot, Dies at 95

by Phil Hall | Nov 5, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Home Depot (NYSE: HD) announced the passing of Bernard Marcus, the company’s co-founder and first CEO and chairman, at the age of 95. Born in Newark, New Jersey on May 12, 1929, Marcus was the youngest of four children born to Russian-Jewish immigrant parents. He...
Wyoming Realtors’ PAC Spends Nearly $550,000 on Ballot Amendment

Wyoming Realtors’ PAC Spends Nearly $550,000 on Ballot Amendment

by Phil Hall | Nov 4, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Wyoming Realtors Association’s political action committee (PAC) has spent nearly $550,000 to rally voter support for the passage of Amendment A, which would create a fourth class of taxation for residential properties. Amendment A states: “The adoption of this...
HUD Provides $1.7 Million in Hurricane Aid to Asheville, North Carolina

HUD Provides $1.7 Million in Hurricane Aid to Asheville, North Carolina

by Phil Hall | Nov 1, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) has allocated $1.7 million to Asheville, North Carolina, to be used in the recovery efforts following Hurricane Helene. The new funding will be used to support the reconstruction of damaged homes, businesses,...
Mortgage Industry Executive Frank Pallotta Weighs Run for New Jersey Legislative Seat

Mortgage Industry Executive Frank Pallotta Weighs Run for New Jersey Legislative Seat

by Phil Hall | Oct 31, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Longtime mortgage industry executive Frank Pallotta has set up an exploratory committee to consider a run for New Jersey’s 39th Legislative District Assembly seat. Pallotta is considering a potential challenge to incumbent Assemblyman Robert Auth for the Republican...
Appraisal Industry Warns Against GSE Waiver Updates from FHFA

Appraisal Industry Warns Against GSE Waiver Updates from FHFA

by Phil Hall | Oct 30, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Appraisal Institute has criticized the Federal Housing Finance Agency’s (FHFA) updates to several appraisal policies for the government-sponsored enterprises (GSEs) Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCBQ: FMCC). In a press statement, Appraisal Institute...
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