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Rocket Mortgage Debuts Program to Lower Home Loan Payments

Rocket Mortgage Debuts Program to Lower Home Loan Payments

by Phil Hall | Aug 26, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Rocket Mortgage, a part of Detroit-headquartered Rocket Companies (NYSE: RKT), is now offering its “Welcome Home RateBreak” program for lowering mortgage payments. According to the company, eligible borrowers in the program can receive a mortgage rate...
BlackRock in New Pact to Expand Saudi Arabian Real Estate Finance Market

BlackRock in New Pact to Expand Saudi Arabian Real Estate Finance Market

by Phil Hall | Aug 26, 2024 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The global asset manager BlackRock (NYSE: BLK) has signed a memorandum of understanding with the Saudi Real Estate Refinance Company (SRC), a company within the Saudi government-owned Public Investment Fund, to further develop the kingdom’s real estate finance market....
New Alert Raises Concerns of Tax Evasion Schemes in Canadian Real Estate

New Alert Raises Concerns of Tax Evasion Schemes in Canadian Real Estate

by Phil Hall | Aug 26, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canada’s Financial Transactions and Reports Analysis Center (FINTRAC) and the Canada Revenue Agency (CRA) issued an Operational Alert related to related to potential tax evasion within the nation’s real estate market. “Canada’s real estate sector is used by criminals...
David M. Gillece, Baltimore-Area Development Director and Real Estate Executive, Dies at 74

David M. Gillece, Baltimore-Area Development Director and Real Estate Executive, Dies at 74

by Phil Hall | Aug 26, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

David M. Gillece, a Baltimore-area real estate professional who achieved leadership positions in city development before becoming president of Colliers Pinkard, passed away on Aug. 17 at the age of 74 from Parkinson’s disease. According to a Baltimore Sun obituary,...
Canada Public Land Bank to Feature Federal Properties That Can Support Housing

Canada Public Land Bank to Feature Federal Properties That Can Support Housing

by Phil Hall | Aug 26, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government announced the launch of the Canada Public Land Bank, which features 56 federal properties identified as being able to support housing. Among the properties within the new entity are five sites that now intended for leasing and ready for...
John Good Named CEO at VineBrook Homes Trust

John Good Named CEO at VineBrook Homes Trust

by Phil Hall | Aug 26, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

VineBrook Homes Trust Inc., a Dallas-headquartered single-family rental (SFR) real estate investment trust (REIT), announced the appointment of John Good as CEO. He succeeds Brian Mitts, who remains as president of the company and a member of the board of directors....
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