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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...
Meritage Homes Expands to Gulf Coast with Acquisition of Elliott Homes

Meritage Homes Expands to Gulf Coast with Acquisition of Elliott Homes

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

Meritage Homes (NYSE:MTH), a Scottsdale, Arizona-based homebuilder, has expanded into the Gulf Coast markets through the acquisition of Elliott Homes. Elliott Homes operates in Mississippi, Alabama and the Florida panhandle. With this acquisition, Meritage will...
Family of Missing Texas Real Estate Agent Warns Against Fake Online Fundraisers

Family of Missing Texas Real Estate Agent Warns Against Fake Online Fundraisers

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

The family of the missing Texas real estate agent Suzanne Clark Simpson is warning the public against phony online fundraisers claiming to seek funds on behalf of her children. The San Antonio Express News reported Simpson has four children – ages 20, 18, 15 and 5....
Sharena Ali Named CEO at Cinch Home Services

Sharena Ali Named CEO at Cinch Home Services

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

Cinch Home Services, a Boca Raton-headquartered home warranty company, announced the appointment of Sharena Ali as its new CEO. Prior to her appointment, Ali served as president at Connect, powered by American Family Insurance, a partnership insurance distribution...
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...
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