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Winthrop Watson to Step Down as FHLBank Pittsburgh’s Chief Executive

Winthrop Watson to Step Down as FHLBank Pittsburgh’s Chief Executive

by Phil Hall | Jun 26, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) announced that Winthrop Watson will retire as president and CEO at the end of this year. Watson has led FHLBank Pittsburgh since 2011, after joining the organization in 2009 as chief operating officer....
The Greenest State Is…

The Greenest State Is…

by Phil Hall | Jun 26, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Although Kermit the Frog once sang that it’s not easy being green, some states find it easy to be greener than others – at least from an environmental perspective. A new survey conducted by the printer and ink retailer Cartridge Save ranked the green hues of the 50...
HUD Releases $85 Million in PRO Housing Program Grants

HUD Releases $85 Million in PRO Housing Program Grants

by Phil Hall | Jun 26, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Ahead of tomorrow’s presidential debate, the Biden administration is announcing $85 million in grant funding for the Pathways to Removing Obstacles to Housing (PRO Housing) program, which is designed to lower housing costs and remove barriers to affordable housing...
Florida Realtors Award $242K in Scholarships

Florida Realtors Award $242K in Scholarships

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

The Florida Realtors Education Foundation Inc. is awarding $242,500 in scholarships to help pay for higher education expenses for 179 young people in the 2024-2025 school year. The foundation, a not-for-profit corporation founded by the state realtor association, said...
Did a Russian Ransomware Gang Breach the Federal Reserve?

Did a Russian Ransomware Gang Breach the Federal Reserve?

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

The Russian ransomware group LockBit claimed it hacked the Federal Reserve and will release the central bank’s confidential data, although independent confirmation of the alleged attack has not surfaced. According to combined media reports, the group made the claim on...
Data Study Warns of Widespread Brokerage Unprofitability After NAR Settlement Goes Into Effect

Data Study Warns of Widespread Brokerage Unprofitability After NAR Settlement Goes Into Effect

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

A new data study is predicting more than three-quarters of brokerages could become unprofitable if the industry fails to transform their operations once the National Association of Realtors’ (NAR) settlement changes how commissions are structured. The study by...
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