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Australian Father Pitches Tent Outside Prime Minister’s Home to Protect Rising Housing Costs

Australian Father Pitches Tent Outside Prime Minister’s Home to Protect Rising Housing Costs

by Phil Hall | Apr 18, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An Australian man who said he is unable to keep up with rental housing costs despite having two jobs has set up a tent and protest sign outside of the luxury New South Wales Central Coast residence owned by Prime Minister Anthony Albanese. The Daily Mail reports...
Anna Paulson to Become Chief Executive at Philadelphia Fed

Anna Paulson to Become Chief Executive at Philadelphia Fed

by Phil Hall | Apr 18, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve Bank of Philadelphia has announced the appointment of Anna Paulson as its new president and CEO, effective July 1. She succeeds Patrick T. Harker, whose 10-year tenure will conclude on June 30, as per Federal Reserve mandatory age and...
Vitamin Shoppe Retail Chain Sold to Private Equity Firms

Vitamin Shoppe Retail Chain Sold to Private Equity Firms

by Phil Hall | Apr 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Vitamin Shoppe, a retailer of vitamins and nutritional supplements, has been acquired from the private equity firms Kingswood Capital Management LP and Performance Investment Partners LLC. Headquartered in Secaucus, New Jersey, The Vitamin Shoppe conducts business...
HUD HQ Building Listed for ‘Accelerated Disposal’

HUD HQ Building Listed for ‘Accelerated Disposal’

by Phil Hall | Apr 18, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Department of Housing and Urban Development (HUD) may soon need to find new housing for itself. The department’s headquarters building in Washington, DC, was added to the list of federal buildings designated by the General Services Administration for “accelerated...
Ohio AG Sues United Wholesale Mortgage, Claiming ‘Conspiracy’ with Brokers

Ohio AG Sues United Wholesale Mortgage, Claiming ‘Conspiracy’ with Brokers

by Phil Hall | Apr 18, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Ohio Attorney General Dave Yost has filed a lawsuit against United Wholesale Mortgage (NYSE: UWMC) that accuses the company of “conspiring with brokers to rip off Ohio consumers.” In his lawsuit, Yost – who launched his campaign for Ohio governor in January – alleged...
Ginnie Mae MBS Portfolio Reached $2.73 Trillion in March

Ginnie Mae MBS Portfolio Reached $2.73 Trillion in March

by Phil Hall | Apr 18, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Ginnie Mae announced that its mortgage-backed securities (MBS) portfolio outstanding grew to $2.73 trillion as of March. The March issuance encompassed $31.4 billion in Ginnie Mae II MBS and $1.7 billion in Ginnie Mae I MBS, including $1.6 billion for multifamily...
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