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Sen. Elizabeth Warren Demands Rate Cut from Federal Reserve

Sen. Elizabeth Warren Demands Rate Cut from Federal Reserve

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

Sen. Elizabeth Warren (D-MA) is demanding the Federal Reserve cut the federal funds rate during its policy meeting this week. Warren, joined by Sens. Jacky Rosen (D-NV) and John Hickenlooper (D-CO), wrote a letter to Federal Reserve Chairman Jerome Powell stating a...
NAMB and NAMMBA Team to Support Diversity in Mortgage Industry

NAMB and NAMMBA Team to Support Diversity in Mortgage Industry

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

The National Association of Mortgage Brokers (NAMB) is partnering with the National Association of Minority Mortgage Bankers of America (NAMMBA) on a strategic alliance focused on encouraging diversity, equity, and inclusion within the mortgage industry. According to...
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...
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