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Mauricio Umansky Sued for Alleged Misuse of Pandemic Relief Funds

Mauricio Umansky Sued for Alleged Misuse of Pandemic Relief Funds

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

Mauricio Umansky, the Los Angeles-based founder of the luxury brokerage The Agency who gained celebrity status from his appearances on the reality television shows “Real Housewives of Beverly Hills” and “Buying Beverly Hills,” is the subject of a new lawsuit where he...
Charles El-Moussa Named General Counsel at Midwest Real Estate Data

Charles El-Moussa Named General Counsel at Midwest Real Estate Data

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

Midwest Real Estate Data (MRED), the multiple listing service encompassing the Chicago metro area along with northern Illinois, southern Wisconsin and northwest Indiana, has hired Charles El-Moussa’s as general counsel. In his new role, El-Moussa will...
CFPB Fines NewDay USA $2.25 Million Over Misleading Costs on Cash-Out Refinance Loans

CFPB Fines NewDay USA $2.25 Million Over Misleading Costs on Cash-Out Refinance Loans

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

The Consumer Financial Protection Bureau (CFPB) has fined New Day Financial (NewDay USA) $2.25 million for problems related to active duty servicemembers and veterans seeking cash-out refinance loans. New Day Financial is a nonbank direct mortgage lender headquartered...
Harris Launches Ad Campaign Touting Her Pledge to Build 3 Million New Homes

Harris Launches Ad Campaign Touting Her Pledge to Build 3 Million New Homes

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

Vice President Kamala Harris has begun an advertising campaign to highlight her pledge to build 3 million new homes over four years if she is elected president. The Associated Press reported the Democratic presidential nominee’s campaign is now airing a minute-long...
Mixed-Use Development Planned Next to NJ’s Monmouth Park Racetrack

Mixed-Use Development Planned Next to NJ’s Monmouth Park Racetrack

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

JEMB Realty and Resorts Casino in Atlantic City have begun the design and development process for a mixed-use community on 80 acres adjacent to Monmouth Park Racetrack in Oceanport, New Jersey. The first phase of this project, to be developed in partnership with the...
University of Colorado to Offer New Property Management and Real Estate Program

University of Colorado to Offer New Property Management and Real Estate Program

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

The University of Colorado Colorado Springs (UCCS) has partnered with Weidner Apartment Homes, a real estate investment and property management company, and Norwood Development Group to launch a four-year degree property management and real estate program at the...
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