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House GOP Members Warn CFPB on Removing Medical Bills from Credit Reports

House GOP Members Warn CFPB on Removing Medical Bills from Credit Reports

by Phil Hall | Aug 16, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Republican lawmakers in the House of Representatives have raised concern over a proposed rule by the Consumer Financial Protection Bureau (CFPB) that would remove medical bills from consumer credit reports. In a letter to CFPB Director Rohit Chopra, the lawmakers led...
Multifamily Lending Down 49% in 2023

Multifamily Lending Down 49% in 2023

by Phil Hall | Aug 16, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

During 2023, 2,520 multifamily lenders provided a combined total of $246.2 billion in new mortgages for apartment buildings with five or more units during 2023, according to data from the Mortgage Bankers Association (MBA). This represents a 49% decline from 2022...
The St. Joe Company Signs Two New Homebuilder Partnerships

The St. Joe Company Signs Two New Homebuilder Partnerships

by Phil Hall | Aug 16, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The St. Joe Company (NYSE: JOE), a real estate development, asset management and operating company with assets and operations in Northwest Florida, announced new homebuilder relationships with Holiday Builders and Harris Doyle Homes. Holiday Builders, headquartered in...
David G. Paulson to Become CEO at Federal Home Loan Bank of Pittsburgh

David G. Paulson to Become CEO at Federal Home Loan Bank of Pittsburgh

by Phil Hall | Aug 16, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) announced the promotion of Chief Operating Officer David G. Paulson to CEO, effective Oct. 1. Paulson replaces Winthrop Watson, who announced his retirement in April and will remain as an executive senior...
Harris Pledges to Build 3 Million New Homes if Elected

Harris Pledges to Build 3 Million New Homes if Elected

by Phil Hall | Aug 15, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Vice President Kamala Harris will introduce a campaign proposal seeking the construction of 3 million new housing units during her first four years in office, along with a new tax incentive for builders that create properties for first-time homebuyers. The Wall Street...
NAR Rival American Real Estate Association Begins Membership Drive

NAR Rival American Real Estate Association Begins Membership Drive

by Phil Hall | Aug 15, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Two days before the changes brought by the National Association of Realtors’ (NAR) settlement are slated to go into the effect, the start-up rival American Real Estate Association (AREA) has announced the launch of its membership drive. Jason Haber, a New York...
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