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Report: DOJ Begins Criminal Probe into Mortgage Fraud Accusations Against Fed Gov. Lisa Cook

Report: DOJ Begins Criminal Probe into Mortgage Fraud Accusations Against Fed Gov. Lisa Cook

by Phil Hall | Sep 4, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Trump administration’s effort to oust Lisa Cook from her position as a governor on the Federal Reserve Board took a new twist as the Department of Justice (DOJ) is reportedly opening a criminal investigation into the accusations that Cook committed mortgage fraud....
California Leads Nation with Most Q2 At-Risk Housing Markets

California Leads Nation with Most Q2 At-Risk Housing Markets

by Phil Hall | Sep 4, 2025 | News/Current Events, Real Estate News, U.S. Housing Market

The latest Housing Risk Report from ATTOM covering the highest risk markets during the second quarter found that 14 were in California, seven were in Florida, five in New Jersey, and four in Louisiana. ATTOM defined risk by affordability, proportion of seriously...
FHFA’s Pulte: ‘Jay Powell Doesn’t Like Our President’

FHFA’s Pulte: ‘Jay Powell Doesn’t Like Our President’

by Phil Hall | Sep 4, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Federal Housing Finance Agency (FHFA) Bill Pulte continued his campaign against the Federal Reserve leadership by claiming Chairman Jerome Powell was intentionally working against the White House because he “doesn’t like our president.” In a combative interview this...
74-Year-Old Florida Man Arrested in Real Estate Investment Fraud Scheme

74-Year-Old Florida Man Arrested in Real Estate Investment Fraud Scheme

by Phil Hall | Sep 4, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Florida Department of Law Enforcement (FDLE) announced the arrest of 74-year-old Jerald Benjamin Clawson on one count each of organized scheme to defraud and the unlawful use of unregistered securities in a Ponzi-style scheme. The FDLE said it began its...
Maryland Gov. Moore Signs Executive Order for Boosting Housing Production

Maryland Gov. Moore Signs Executive Order for Boosting Housing Production

by Phil Hall | Sep 4, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Maryland Gov. Wes Moore has signed an executi​ve order designed to increase housing production by using state-owned land for efficient development while reducing state permitting timelines for new construction. Moore’s “Housing Starts Here” executive order directs...
Toronto Home Sales Rise as Prices Decline

Toronto Home Sales Rise as Prices Decline

by Phil Hall | Sep 4, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A total of 5,211 homes were sold through the Toronto Regional Real Estate Board’s (TRREB) MLS System in August, a 2.3% year-over-year increase. On a seasonally adjusted basis, August home sales edged lower month-over-month compared to July The rise in sales was...
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