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Canadian Home Sales Up in June

Canadian Home Sales Up in June

by Phil Hall | Jul 14, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales were up in Canada during June, according to new data from the Canadian Real Estate Association (CREA). Sales were up 1.5% month-over-month and up 4.7% year-over-year during June. Buyers had a wider selection of properties to choose from – the number of...
Barbara Corcoran Gives TikTok Tour of Her Luxury Mobile Home

Barbara Corcoran Gives TikTok Tour of Her Luxury Mobile Home

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

One might not expect to find the star of a major TV personality living in a mobile home – but, then again, the Pacific Palisades, California-based mini-residence of “Shark Tank” star Barbara Corcoran is not your typical mobile home. The New York Post pointed out...
Jim Fraser Named Chief Operating Officer at Anchor Loans

Jim Fraser Named Chief Operating Officer at Anchor Loans

by Phil Hall | Jul 14, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Anchor Loans, the Thousand Oaks, a California-based provider of financing to residential real estate developers, builders and entrepreneurs, has hired Jim Fraser as chief operating officer. In his new job role, Fraser will be responsible for the customer experience...
Terra Property Trust Reaffirms Plan to Merge with Western Asset Mortgage Capital

Terra Property Trust Reaffirms Plan to Merge with Western Asset Mortgage Capital

by Phil Hall | Jul 14, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Terra Property Trust Inc., a New York City-based real estate investment trust focused on commercial real estate, reaffirmed its commitment to merge with Western Asset Mortgage Capital Corp. (NYSE: WMC) after the latter received an unsolicited acquisition bid from...
St. Louis Fed Chief Bullard to Step Down

St. Louis Fed Chief Bullard to Step Down

by Phil Hall | Jul 13, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

James Bullard, president and chief executive officer of the Federal Reserve Bank of St. Louis, announced that he will step down from his position to become the inaugural dean of the Mitchell E. Daniels Jr. School of Business at Purdue University. Bullard’s last day at...
New Senate Bill Seeks to Overturn FHFA’s LLPA Rule

New Senate Bill Seeks to Overturn FHFA’s LLPA Rule

by Phil Hall | Jul 13, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

U.S. Sens. Mike Braun (R-IN) and Roger Marshall (R-KS) have introduced the Middle Class Borrower Protection Act to reverse the Federal Housing Finance Agency’s (FHFA) recent mortgage rule that changed to the Loan-Level Price Adjustment (LLPA), which many critics...
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