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Ex-Ginnie Mae Chief Alanna McCargo to Lead FHLBank San Francisco

Ex-Ginnie Mae Chief Alanna McCargo to Lead FHLBank San Francisco

by Phil Hall | May 8, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Alanna McCargo, who stepped down last week as president of the Government National Mortgage Association (Ginnie Mae), has been named president and CEO of the Federal Home Loan Bank of San Francisco (FHLBank San Francisco). McCargo will officially join the bank on June...
Yvette Davis Named President of REEP Residential

Yvette Davis Named President of REEP Residential

by Phil Hall | May 8, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

REEP Residential, a San Antonio-headquartered real estate management company, has recruited Yvette Davis as its new president. Davis is a Certified Property Manager (CPM) who was previously director of strategic operations at Emerge Living. Earlier in her career, she...
Society of Industrial and Office Realtors Elects 2024-2025 Officers

Society of Industrial and Office Realtors Elects 2024-2025 Officers

by Phil Hall | May 8, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Society of Industrial and Office Realtors (SIOR) has announced its 2024-2025 officers. SIOR’s current president-elect, Mike Ohmes, will assume the role of SIOR Global President this fall. Ohmes is the managing principal of the Minneapolis-St. Paul office of...
John Ehle Named CEO at The Promise Homes Company

John Ehle Named CEO at The Promise Homes Company

by Phil Hall | May 7, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Promise Homes Company, one of the largest minority-led managers of institutional-quality and CRA-eligible, single-family residential rental homes, announced the appointment of John Ehle as CEO. Ehle will succeed founder John Hope Bryant, who transitioned to...
Reverse Mortgage Pitchman Tom Selleck Fears Losing Ranch with Series’ End

Reverse Mortgage Pitchman Tom Selleck Fears Losing Ranch with Series’ End

by Phil Hall | May 7, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Actor Tom Selleck has a confession to make – the star of “Blue Bloods” is concerned over whether he can afford to keep his California ranch after his CBS series goes off the air later this year. In an interview with CBS News, Selleck questioned whether he would have...
Redfin Announces $9.25 Million Settlement Over Commissions Lawsuits

Redfin Announces $9.25 Million Settlement Over Commissions Lawsuits

by Phil Hall | May 6, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Seattle-headquartered Redfin (NASDAQ:RDFN) has become the latest brokerage to announce a settlement of lawsuits related to claims of inflated broker commissions – in this case, a $9.25 million agreement. The company agreed to the settlement on Friday and disclosed...
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