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Grant Cardone: Kamala Harris ‘Does Not Understand Housing’

Grant Cardone: Kamala Harris ‘Does Not Understand Housing’

by Phil Hall | Sep 25, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

High-profile real estate investor Grant Cardone has given Vice President Kamala Harris an F grade for her comprehension of housing issues. “Kamala Harris is either financially illiterate, incompetent, or she believes that her voters are. Her plans come up every...
Invitation Homes Agrees to $48 Million Settlement with FTC

Invitation Homes Agrees to $48 Million Settlement with FTC

by Phil Hall | Sep 25, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Trade Commission (FTC) has announced Invitation Homes, the country’s largest landlord of single-family homes, has agreed to a settlement where the company will turn over $48 million to refund consumers harmed by its deceptive actions. The company was...
DOJ Announces $2.4 Million HECM Settlement with Nutter

DOJ Announces $2.4 Million HECM Settlement with Nutter

by Phil Hall | Sep 25, 2024 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Justice (DOJ) announced the former mortgage lender James B. Nutter & Company, has agreed to a $2.4 million settlement to resolve allegations that it knowingly underwrote Home Equity Conversion Mortgages (HECM) insured by the Federal Housing...
United Homes Group Announces Leadership Changes

United Homes Group Announces Leadership Changes

by Phil Hall | Sep 25, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Columbia, South Carolina-based United Homes Group Inc. (NASDAQ: UHG), a residential builder focused on southeastern markets, announced that Michael Nieri, the company’s founder, chairman, and CEO, will transition to executive chairman on Oct. 1. Jamie Pirrello, a...
Weiss Law, a New Firm, to Provide Legal Services for Real Estate Transactions

Weiss Law, a New Firm, to Provide Legal Services for Real Estate Transactions

by Phil Hall | Sep 25, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Weiss Law, a new boutique law firm specializing in real estate transactions, has opened with offices in Miami and Boca Raton, Florida. The firm was co-founded by Adam J. Weiss, formerly a named partner at Solomon, Cooperman, Recondo & Weiss LLP and an attorney at...
Former Illinois Bank President Sentenced for Role in Real Estate Fraud

Former Illinois Bank President Sentenced for Role in Real Estate Fraud

by Phil Hall | Sep 24, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Steven Cook, the former president of SouthernTrust Bank in Marion, Illinois, was fined $6,000 and sentenced to 50 hours of community service and two weekends in Illinois’ Jackson County jail for his role in a real estate fraud. He will also likely receive a lifetime...
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