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Jury Awards $612 Million to Fannie Mae and Freddie Mac Shareholders

Jury Awards $612 Million to Fannie Mae and Freddie Mac Shareholders

by Phil Hall | Aug 14, 2023 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Washington D.C., jury ruled in favor of stockholders who disputed the federal government’s handling of Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) during the 2008 financial crisis. The jury ruled that the Federal Housing Finance Agency (FHFA) acted...
UBS in $1.4 Billion Settlement Over RMBS Fraud Charges

UBS in $1.4 Billion Settlement Over RMBS Fraud Charges

by Phil Hall | Aug 14, 2023 | Mortgage Information, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

UBS AG (NYSE:UBS) and several of its U.S.-based affiliates agreed to a $1.4 billion settlement to resolve a civil action filed in November 2018 related to the Swiss-headquartered bank’s underwriting and issuance of residential mortgage-backed securities (RMBS) issued...
IRA Capital Launches Health Care Real Estate Fund

IRA Capital Launches Health Care Real Estate Fund

by Phil Hall | Aug 14, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

IRA Capital, an Irvine, California based private equity firm, has launched the IRA Healthcare Real Estate Fund LP, a $500 million closed-end fund focused on the acquisition of U.S. medical properties and senior housing assets. The new fund will focus on the...
New White Paper Aims to Help First-Time Investors in Multifamily Sector

New White Paper Aims to Help First-Time Investors in Multifamily Sector

by Phil Hall | Aug 9, 2023 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

REEP Equity, a San Antonio-based multifamily real estate firm, has published a new white paper aimed at first-time investors in multifamily assets. According to the company, “Your Guide to Multifamily Investing: Unlock the Benefits & Discover How to Select...
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