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New Pilot Program Aimed at Expanding Homeownership in Detroit

New Pilot Program Aimed at Expanding Homeownership in Detroit

by Phil Hall | Sep 23, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Michigan State Housing Development Authority (MSHDA) is partnering with the Tobias Harris Homeownership Initiative (THHI), a program backed by Detroit Pistons icon Tobias Harris, on a new shared-appreciation mortgage pilot with Guild Mortgage and Homium that is...
Tony Sertich Named Executive Director at the California Housing Finance Agency

Tony Sertich Named Executive Director at the California Housing Finance Agency

by Phil Hall | Sep 23, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Gov. Gavin Newsom has appointed Tony Sertich to become the next executive director of the California Housing Finance Agency (CalHFA). Sertich was most recently the assistant deputy director at the Division of State Financial Assistance at the California Department of...
A Phil Hall Op-Ed: The Smearing of Erik Siebert    

A Phil Hall Op-Ed: The Smearing of Erik Siebert   

by Phil Hall | Sep 22, 2025 | A Phil Hall Op-Ed, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: There is absolutely nothing in Erik Siebert’s background to suggest he has a penchant for chicanery and dishonesty. A graduate of the prestigious Virginia Military Institute, he served as a police officer with the Metropolitan Police Department in...
California Home Sales Edged Up During August

California Home Sales Edged Up During August

by Phil Hall | Sep 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California recorded a seasonally adjusted annualized rate of 264,240 closed escrow sales of existing, single-family detached homes in August, up 0.9% from 261,820 homes in July but down by a slight 0.2% from 264,640 homes in August 2024. According to the California...
Pennsylvania Home Sales Hold Steady

Pennsylvania Home Sales Hold Steady

by Phil Hall | Sep 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pennsylvania recorded 11,470 home sales in August, up by a slight 0.5% from 11,402 transactions. According to data from the Pennsylvania Association of Realtors, the home listing levels reached 41,497 last month, which is up nearly 7% year-over-year from the 38,775...
Matthew Abrusci Named EVP and General Counsel at Freddie Mac

Matthew Abrusci Named EVP and General Counsel at Freddie Mac

by Phil Hall | Sep 22, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) has hired Matthew D. Abrusci as executive vice president, general counsel and corporate secretary. Abrusci brings more than three decades of financial services experience spanning banking, capital markets, and securities law. He was...
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