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SBA to Cut 43% of its Workforce

SBA to Cut 43% of its Workforce

by Phil Hall | Mar 21, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Small Business Administration (SBA) has announced plans a 43% workforce reduction. In a statement, the SBA said it was enacting a “strategic reorganization will begin a turnaround for the agency by restoring the efficiency of the first Trump administration,...
eXp Realty Expands into Peru

eXp Realty Expands into Peru

by Phil Hall | Mar 21, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), has expanded into its 25th international market with a new office in Peru. “Our expansion into Peru is another bold step as we continue building the most agent-centric real estate brokerage on the...
Virtual Event to Showcase Ireland’s Real Estate Market

Virtual Event to Showcase Ireland’s Real Estate Market

by Phil Hall | Mar 21, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A coalition of realtor associations is presenting the 4th Annual “Choose Your Brew with Ireland,” a free virtual event celebrating real estate partnerships between Ireland and the US. The event will feature a showcase tour of markets and properties throughout Ireland....
David Mandel Steps Down as CEO at First Source Mortgage Corporation

David Mandel Steps Down as CEO at First Source Mortgage Corporation

by Phil Hall | Mar 21, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Toronto-headquartered First Source Mortgage Corporation announced the retirement of co-founder and CEO David Mandel after 18 years of corporate leadership. In a press statement, the company said Mandel’s leadership grew First Source’s assets under management from...
Freddie Mac CEO Diana Reid Has Been Fired

Freddie Mac CEO Diana Reid Has Been Fired

by Phil Hall | Mar 21, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Diana Reid, the CEO of Freddie Mac (OTCQB: FMCC), has reportedly been fired by Federal Housing Finance Agency (FHFA) Director Bill Pulte. No official statement of Reid’s firing was made by either Freddie Mac or the FHFA. Several news outlets, citing unnamed sources,...
Canada to Drop Goods and Services Tax for First-Time Home Purchases Under $1 Million

Canada to Drop Goods and Services Tax for First-Time Home Purchases Under $1 Million

by Phil Hall | Mar 21, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canada’s newly installed Prime Minister Mark Carney announced the federal government will eliminate the Goods and Services Tax (GST) for first-time homebuyers on homes at or under $1 million. In a statement, Carney said the tax cut will save Canadians up to $50,000...
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