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Trump Unable to Secure $454 Million Surety Bond in Valuation Fraud Case

Trump Unable to Secure $454 Million Surety Bond in Valuation Fraud Case

by Phil Hall | Mar 18, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Former President Donald Trump has been unable to secure the $454 million appeal bond in the civil business fraud judgment against him, according to his attorneys said in a New York court filing this morning. CNBC reported the attorneys for Trump and his co-defendants...
Trump Advisers Offer Possible Candidates to Replace Powell as Fed Chairman

Trump Advisers Offer Possible Candidates to Replace Powell as Fed Chairman

by Phil Hall | Mar 18, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Economic advisers to former President Donald Trump’s re-election campaign have offered a shortlist of candidates to replace Jerome Powell as chairman of the Federal Reserve. The Wall Street Journal, sourcing its coverage from unnamed “people familiar with the matter,”...
Mark Tribuna Named Chief Operations Officer at Arrive Home

Mark Tribuna Named Chief Operations Officer at Arrive Home

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

Arrive Home, a Salt Lake City-based down payment assistance provider and operational entity for multiple governmental agencies, announced the appointment of Mark Tribuna as chief operations officer. Tribuna, who was previously chairman and CEO of Nation One Mortgage...
National Association of Realtors in $418 Million Settlement Over Commissions Lawsuits

National Association of Realtors in $418 Million Settlement Over Commissions Lawsuits

by Phil Hall | Mar 15, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) has agreed to a $418 million settlement that will resolve a series of lawsuits that challenged its rules on real estate broker commissions. The New York Times reported that it obtained a copy of the settlement, which will be...
Texas Attorney General Sues Real Estate Development for Fraudulent Practices

Texas Attorney General Sues Real Estate Development for Fraudulent Practices

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

Texas Attorney General Ken Paxton has filed a lawsuit against Colony Ridge, a real estate development northeast of Houston, alleging that it engaged in deceptive trade practices and fraudulent real estate transactions. Paxton’s lawsuit stated Colony Ridge...
MCS Acquires Five Brothers Asset Management Solutions

MCS Acquires Five Brothers Asset Management Solutions

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

MCS, a Lewisville, Texas-based national property services company, has acquired property preservation company Five Brothers Asset Management Solutions. The Warren, Michigan-based Five Brothers will be integrated within MCS, with the combined entity offering property...
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