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Two Agricultural and Rural Lenders Announce Merger

Two Agricultural and Rural Lenders Announce Merger

by Phil Hall | Aug 28, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Two leading agricultural and rural-area lending cooperatives, Farm Credit of New Mexico and American AgCredit Farm Credit, announced they were merging effective Oct. 1. “This merger makes us a better partner for our customers,” said Curt Hudnutt, CEO of...
Hits and Misses for the Real Estate Week of Aug. 21-25

Hits and Misses for the Real Estate Week of Aug. 21-25

by Phil Hall | Aug 25, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A newspaper that fact checked a dubious real estate report, a female empowerment lesson that is better than “Barbie” and a wristwatch inspired by a legendary hotel. From the wild and woolly world of real estate, here are the hits and misses for this week....
Fed Chairman Powell: ‘We Are Prepared to Raise Rates Further If Appropriate’

Fed Chairman Powell: ‘We Are Prepared to Raise Rates Further If Appropriate’

by Phil Hall | Aug 25, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Fasten your seat belts – Federal Reserve Chairman Jerome Powell isn’t done with rate hikes. In a speech this morning before an economic policy symposium in Jackson Hole, Wyoming, Powell insisted that the central bank’s goal of driving inflation down to 2% may require...
Andrew Strickman Joins New American Funding as Chief Marketing Officer

Andrew Strickman Joins New American Funding as Chief Marketing Officer

by Phil Hall | Aug 25, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Tustin, California-based New American Funding has hired Andrew Strickman as chief marketing officer. In his new job, Strickman will oversee a team of more than 50 marketers across digital and performance, social media, content and storytelling, email, editorial,...
Zillow Home Loans Debuts 1% Down Payment Program

Zillow Home Loans Debuts 1% Down Payment Program

by Phil Hall | Aug 25, 2023 | Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow Home Loans is rolling out its 1% Down Payment program that will enable home buyers to pay as little as 1% down on their next home purchase, with the company contributing an additional 2% at closing. The program is initially being offered on properties located...
Merredith Treaster Named SVP Northern California at EQ Office

Merredith Treaster Named SVP Northern California at EQ Office

by Phil Hall | Aug 25, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

EQ Office, the U.S. office portfolio company of Blackstone (NYSE:BX), has hired Merredith Treaster as its senior vice president for Northern California. Treaster will be based in San Francisco and will be responsible for the company’s Northern California portfolio...
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