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Leadership Shifts at Home BancShares

Leadership Shifts at Home BancShares

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

Conway, Arkansas-based Home BancShares Inc. (NYSE: HOMB) and its wholly owned subsidiary Centennial Bank announced shifts in its management team. Chief Operating Officer Stephen Tipton will take on the role of CEO of Centennial Bank while Kevin Hester will add to his...
Farmers Resumes Writing Business Insurance Lines in California

Farmers Resumes Writing Business Insurance Lines in California

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

Farmers Insurance is resuming the issuance of new business commercial multi-peril applications in California for real estate, habitational, auto service and repair, manufacturing and wholesale distribution, effective Aug. 1. The announcement follows the carrier’s...
Grant Cardone on Biden’s Homebuyer Tax Credit Plan: ‘Is Joe Dumb?’

Grant Cardone on Biden’s Homebuyer Tax Credit Plan: ‘Is Joe Dumb?’

by Phil Hall | May 14, 2024 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

High-profile real estate investor Grant Cardone is taking President Biden to task for his proposed tax credit for first-time homebuyers. In an X posting, Cardone questioned the logic behind the $5,000 tax credit for two years, arguing that it is near-worthless in...
EasyKnock Acquires Home Equity Investment Firm HomePace

EasyKnock Acquires Home Equity Investment Firm HomePace

by Phil Hall | May 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

EasyKnock, the New York City-headquartered home equity solutions platform, has acquired the assets of the home equity investment firm HomePace. The founding team of HomePace will be joining EasyKnock; executive announcements will be made soon. Terms of the deal were...
Andrew Bowen Joins LeaseLock as SVP

Andrew Bowen Joins LeaseLock as SVP

by Phil Hall | May 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

LeaseLock, a Dallas-based insurtech offering lease insurance for rental housing, has hired Andrew Bowen as senior vice president of strategic partnerships. Prior to joining LeaseLock, Bowen spent 13 years at RealPage Inc., most recently as a vice president and...
Powell Reaffirms No Rate Cuts in the Near Future

Powell Reaffirms No Rate Cuts in the Near Future

by Phil Hall | May 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Federal Reserve Chairman Jerome Powell poured more cold water on the hope that the central bank will start cutting rates sooner than later. According to combined media reports, Powell told a moderated discussion at the Foreign Bankers’ Association in Amsterdam that...
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