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Trump Announces He is Firing Fed Gov. Cook Over Mortgage Fraud Allegations

Trump Announces He is Firing Fed Gov. Cook Over Mortgage Fraud Allegations

by Phil Hall | Aug 26, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

President Trump has announced that he is firing Lisa D. Cook from the Federal Reserve’s Board of Governor over allegations of mortgage fraud, but Cook has stated the president has no authority to remove her from office. On Monday evening, Trump sent a letter to Cook...
A Phil Hall Op-Ed: Bill Pulte, Ken Paxton, and Hypocrisy in Mortgage Fraud Probes

A Phil Hall Op-Ed: Bill Pulte, Ken Paxton, and Hypocrisy in Mortgage Fraud Probes

by Phil Hall | Aug 25, 2025 | A Phil Hall Op-Ed, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Earlier today, the irrepressible Bill Pulte checked into his second home on X and alerted the 3 million folks following his personal account to consider the following observation: “Fate hates hypocrisy.” Now, what exactly is the director of the...
New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot

New Initiative Seeks to Add Property Tax Reform Measures to Nebraska Ballot

by Phil Hall | Aug 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new grassroots movement in Nebraska is seeking to put a pair of property tax reform proposals on the ballot for the November 2026 election. Nebraska Public Media reports Advocates For All Nebraskans (AFAN) has launched two statewide ballot initiative petitions. One...
Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million

Vornado Realty Trust Purchases Manhattan Office Tower for $218 Million

by Phil Hall | Aug 25, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Vornado Realty Trust (NYSE: VNO) has announced its $218 million acquisition of the 623 Fifth Avenue office condominium in Midtown Manhattan. The 36-story, 382,500-rentable-square-foot building is based directly above the flagship Saks Fifth Avenue department store and...
Dillard’s Buys Dallas-Area Mall for $34 Million

Dillard’s Buys Dallas-Area Mall for $34 Million

by Phil Hall | Aug 25, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Dillard’s (NYSE: DDS) department store chain has purchased the Dallas-area Longview Mall for $34 million, according to a Wall Street Journal report sourced from an unnamed “person familiar with the matter.” It is rare for chain store retailers to buy an entire...
New Home Sales Down 0.6% in July

New Home Sales Down 0.6% in July

by Phil Hall | Aug 25, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in July were at a seasonally adjusted annual rate of 652,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development. This marked a 0.6% decline from the June’s...
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