Bernard Marcus, Co-Founder and First Chief Executive of The Home Depot, Dies at 95
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
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
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
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
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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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
