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Trump Hints at Merged Fannie-Freddie with November Listing on NYSE

Trump Hints at Merged Fannie-Freddie with November Listing on NYSE

by Phil Hall | Aug 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

President Trump has provided a broad hint at his plans for privatizing Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). In a posting on Truth Social, the president posted an AI-generated photo showing him at the opening bell of the New York Stock Exchange, with...
Report: Cash-Out Refinances Fuels Most Refinancing Activity

Report: Cash-Out Refinances Fuels Most Refinancing Activity

by Phil Hall | Aug 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cash-out refinances accounted for 59% of all refinance transactions in the second quarter, according to new data published in Intercontinental Exchange’s (NYSE: ICE) August 2025 Mortgage Monitor report, which noted 70% of those borrowers accepted higher interest...
Cindy Konich to Retire as Chief Executive at FHLBank Indianapolis

Cindy Konich to Retire as Chief Executive at FHLBank Indianapolis

by Phil Hall | Aug 11, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) announced Cindy Konich is retiring as president and CEO, effective Sept. 30. Konich, 68, joined FHLBank Indianapolis in 1984 as cash manager, and during her career she served in a variety of roles,...
Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing

Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing

by Phil Hall | Aug 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

One year after putting his longtime home in New York’s Shelter Island on the market, comedian Louis CK is listing it again at a significant discount. Realtor.com reports the home is now being offer for $4.3 million, which is less than half of the $9.25 million...
NYC to End Lease with Last Major Hotel Housing Migrants

NYC to End Lease with Last Major Hotel Housing Migrants

by Phil Hall | Aug 11, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

New York City will not renew its lease with the last major hotel operating as a migrant shelter. According to The New York Times, Mayor Eric Adams said the Row NYC in Times Square will cease housing migrants in April when the city’s lease with the establishment...
Delaware Association of Realtors Seeks Applicants for Minority Real Estate Scholarship

Delaware Association of Realtors Seeks Applicants for Minority Real Estate Scholarship

by Phil Hall | Aug 11, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Delaware Association of Realtors is now accepting applications for its 2025 Minority Real Estate Scholarship, a program designed to increase diversity among the state’s real estate professionals. Eligible applicants would include Latinos, African Americans, Asian...
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