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,...
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...
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...
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...
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....
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...