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Report: Community Bank Earnings to Drop By 12% Year-Over-Year

Report: Community Bank Earnings to Drop By 12% Year-Over-Year

by Phil Hall | Jun 11, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, WRE News Exclusive

U.S. community bank earnings for 2024 are expected to be 12% lower compared to one year ago, according to a new report from S&P Global Market Intelligence. The newly published “2024 U.S. Community Bank Market Report” found elevated interest rates are pressuring...
Dan Flavin, Louisiana Realtor and Lawmaker, Dies at 67

Dan Flavin, Louisiana Realtor and Lawmaker, Dies at 67

by Phil Hall | Jun 11, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Daniel (“Dan”) Thomas Flavin, a prominent Louisiana-based real estate executive who served in his state’s legislature, passed away on June 6 at the age of 67 after a brief illness. Born in Joliet, Illinois, on May 31, 1957, Flavin graduated from McNeese State...
A Phil Hall Op-Ed: A 10% Mortgage Rate Under Trump?

A Phil Hall Op-Ed: A 10% Mortgage Rate Under Trump?

by Phil Hall | Jun 10, 2024 | A Phil Hall Op-Ed, Industry Updates, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: For most of the ongoing presidential campaign, the Biden team and its apologists in the legacy media have been berating voters for not appreciating the economy created under the 46th president. Belatedly, the people pushing the strategy realized...
Joe Tyrrell Named CEO at Optimal Blue

Joe Tyrrell Named CEO at Optimal Blue

by Phil Hall | Jun 10, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Optimal Blue, the Plano, Texas-based provider of secondary marketing automation and services to the mortgage industry, announced the appointment of Joe Tyrrell as CEO. Tyrrell was previously president of ICE Mortgage Technology, and earlier in his career he served as...
Navigating 2024: Homeownership in a Changing Interest Rate Landscape

Navigating 2024: Homeownership in a Changing Interest Rate Landscape

by John G. Stevens | Jun 10, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

As we navigate the economic landscape of 2024, homeowners must be acutely aware of the changing interest rate environment. These rates directly impact mortgage payments, refinancing opportunities, and home equity, making it crucial for homeowners to stay informed and...
Utah’s Sen. Lee Introduces Bill to Abolish the Federal Reserve

Utah’s Sen. Lee Introduces Bill to Abolish the Federal Reserve

by Phil Hall | Jun 10, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

U.S. Sen. Mike Lee (R-UT) has introduced the Federal Reserve Board Abolition Act, which would repeal the 1913 Federal Reserve Act while dissolving the Board of Governors of the Federal Reserve System and the Federal Reserve banks. “The Federal Reserve has...
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