Newmark Group Inc. (NASDAQ: NMRK) has promoted Lou Alvarado to the newly created chief operating officer position. In this new role, Alvarado will be responsible for strengthening the company’s productivity and the sustainable expansion of business lines, including...
US Attorney Bill Essayli has launched the Homelessness Fraud and Corruption Task Force to investigate fraud, waste, abuse, and corruption involving funds allocated for addressing homelessness in the seven counties within the jurisdiction of the Central District of...
Homeowners in Buffalo, New York, face the prospect of an 8% increase in their property tax under the $622 million budget proposed by Acting Mayor Chris Scanlon. WBEN reports Scanlon is proposing the tax hike to fill a $17 million mid-year budget fall that he inherited...
Real estate developer Arman Gabaee, co-managing partner at the Charles Company, has established the Arman Gabaee Scholarship for Real Estate. The new $1,000 award is open to all undergraduate students currently enrolled in accredited colleges or universities, and...
The Federal Housing Finance Agency (FHFA) announced the firing of more than 100 Fannie Mae (OTCQB: FNMA), citing unspecified “unethical conduct.” In a statement, FHFA Director and Fannie Mae Chairman Bill Pulte declared the firings have occurred since he was sworn...
Housing and Urban Development (HUD) Secretary Scott Turner announced the Federal Housing Administration (FHA) is extending its foreclosure moratoriums on FHA-insured single-family mortgages in areas impacted by Hurricanes Helene and Milton by an additional 90 days....
Hits and Misses for the Real Estate Week of April 6-10
