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Portfolio+ Launches Reverse Mortgage Product

Portfolio+ Launches Reverse Mortgage Product

by Phil Hall | Apr 18, 2024 | International Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Portfolio+ Inc., a Toronto-based provider of financial services systems and technologies for the Canadian market, has added a reverse mortgage product to its offerings. According to the company, the new reverse mortgage solution will enable financial institutions to...
British Columbia Woman Fined $626,000 for Real Estate Flipping Scam

British Columbia Woman Fined $626,000 for Real Estate Flipping Scam

by Phil Hall | Apr 16, 2024 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The British Columbia Securities Commission (BCSC) levied $626,000 in sanctions and issued market bans against Cherie Evangeline White and her company Kingdom Investments 2015 Inc. for orchestrating a Ponzi scheme involving a real estate flipping scam. According to the...
Sotheby’s International Realty Expands to Poland

Sotheby’s International Realty Expands to Poland

by Phil Hall | Apr 15, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Sotheby’s International Realty has opened its 194th European office with the launch of Poland Sotheby’s International Realty in Warsaw. The new office is based in the Europejski building in Warsaw’s City Center and will service the districts of...
Canadian Home Sales Inched Up in March

Canadian Home Sales Inched Up in March

by Phil Hall | Apr 12, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales across Canada were up by 0.5% from February to March, according to data from the Canadian Real Estate Association, while actual (not seasonally adjusted) monthly activity was up by 1.7% from one year. The number of newly listed properties declined 1.6%...
Vietnamese Real Estate Tycoon Sentenced to Death in $12.5 Billion Fraud Case

Vietnamese Real Estate Tycoon Sentenced to Death in $12.5 Billion Fraud Case

by Phil Hall | Apr 11, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Vietnamese real estate tycoon Truong My Lan was sentenced to death by a court in Ho Chi Minh City for her role in her country’s largest financial fraud case ever. According to combined media reports, the 67-year-old Lan was the chairwoman of the real estate company...
Trudeau Pushes for Prefabricated and Modular Homes to Address Canada’s Housing Shortage

Trudeau Pushes for Prefabricated and Modular Homes to Address Canada’s Housing Shortage

by Phil Hall | Apr 8, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canadian Prime Minister Justin Trudeau is advocating for modular and prefabricated homes as the solution to meet his country’s housing shortage. According to CTV News, Trudeau’s government is planning to allocate more than $600 million in the upcoming federal budget...
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