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Former Black Rock Executive Named President of PNC

Former Black Rock Executive Named President of PNC

by Phil Hall | Apr 8, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The PNC Financial Services Group Inc. (NYSE: PNC) announced the appointment of Mark Wiedman as president of the corporation and its wholly owned banking subsidiary, PNC Bank. Wiedman comes to PNC from BlackRock (NYSE: BLK), where he worked for the past two decades and...
Move Drops Trade Secrets Lawsuit Against CoStar Group

Move Drops Trade Secrets Lawsuit Against CoStar Group

by Phil Hall | Apr 7, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

CoStar Group (NASDAQ: CSGP) announced Move Inc., the News Corp (NASDAQ:NWSA) subsidiary that operates Realtor.com, has withdrawn its trade secrets lawsuit against the company. The lawsuit was initiated in July 2024 and accused CoStar of misappropriating trade secrets...
Civil Rights Groups Urge Court to Reject CFPB Reversal of Townstone Financial Settlement

Civil Rights Groups Urge Court to Reject CFPB Reversal of Townstone Financial Settlement

by Phil Hall | Apr 7, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A coalition of civil rights and consumer advocacy groups has filed an amicus brief in federal district court seeking to stop the motion filed by the Consumer Financial Protection Bureau (CFPB) to vacate its $105,000 redlining settlement with the mortgage company...
FEMA Launches Flood Insurance Premium Quoting Tool

FEMA Launches Flood Insurance Premium Quoting Tool

by Phil Hall | Apr 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

FEMA announced the National Flood Insurance Program (NFIP) has launched FloodSmart.gov as a free Direct to Customer Flood Insurance Quoting Tool that is designed to assist customers in getting a flood insurance policy quote for their property and in securing a quoted...
A Phil Hall Op-Ed: Are GNC Stores Giving Servicemember Data to the Chinese Government?

A Phil Hall Op-Ed: Are GNC Stores Giving Servicemember Data to the Chinese Government?

by Phil Hall | Apr 7, 2025 | A Phil Hall Op-Ed, Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Earlier today, I was scrolling through X and stumbled upon a video posted by Rep. Pat Harrigan (R-NC), a freshman member of Congress, that was taken at Fort Bragg, the military base in North Carolina. “We found out that GNC is wholly owned by the...
Father-Son Duo Indicted for Fraud in Bond Offerings Tied to Sports Complex

Father-Son Duo Indicted for Fraud in Bond Offerings Tied to Sports Complex

by Phil Hall | Apr 7, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A father and son team were indicted for their roles in a scheme to defraud investors of more than $280 million in two municipal bond offerings tied to the construction of the 320-acre Legacy Park sports complex in Mesa, Arizona. Randy Miller is the former chairman and...
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