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EagleBank Names Evelyn Lee as Chief Lending Officer for C&I

EagleBank Names Evelyn Lee as Chief Lending Officer for C&I

by Phil Hall | Sep 3, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Eagle Bancorp Inc. (NASDAQ: EGBN), the Bethesda, Maryland-based holding company of EagleBank, has hired Evelyn Lee as the bank’s chief lending officer for commercial and industrial (C&I) lending. Lee begins her new job on Sept. 19 and will oversee all lending...
Colorado Mayor Seeks Emergency Court Order Against Venezuelan Criminal Gang

Colorado Mayor Seeks Emergency Court Order Against Venezuelan Criminal Gang

by Phil Hall | Aug 31, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The mayor of Aurora, Colorado, has announced an emergency court order is being requested to clear the apartment buildings that have been taken over by the Venezuelan criminal gang Tren de Aragua, while Colorado’s governor still insists claims of gang encroachment were...
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...
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