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Michael Dell Lists His Boston Penthouse for $35 Million

Michael Dell Lists His Boston Penthouse for $35 Million

by Phil Hall | Jul 14, 2023 | News/Current Events, U.S. Housing Market, WRE News Exclusive

If you have $35 million and a desire to own a Boston penthouse, you can be on the receiving end of the statement “Dude, you’re getting a Dell.” The Wall Street Journal reported Michael Dell, chairman and CEO of Dell Technologies, is selling his two-story penthouse at...
Jim Fraser Named Chief Operating Officer at Anchor Loans

Jim Fraser Named Chief Operating Officer at Anchor Loans

by Phil Hall | Jul 14, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Anchor Loans, the Thousand Oaks, a California-based provider of financing to residential real estate developers, builders and entrepreneurs, has hired Jim Fraser as chief operating officer. In his new job role, Fraser will be responsible for the customer experience...
Terra Property Trust Reaffirms Plan to Merge with Western Asset Mortgage Capital

Terra Property Trust Reaffirms Plan to Merge with Western Asset Mortgage Capital

by Phil Hall | Jul 14, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Terra Property Trust Inc., a New York City-based real estate investment trust focused on commercial real estate, reaffirmed its commitment to merge with Western Asset Mortgage Capital Corp. (NYSE: WMC) after the latter received an unsolicited acquisition bid from...
St. Louis Fed Chief Bullard to Step Down

St. Louis Fed Chief Bullard to Step Down

by Phil Hall | Jul 13, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

James Bullard, president and chief executive officer of the Federal Reserve Bank of St. Louis, announced that he will step down from his position to become the inaugural dean of the Mitchell E. Daniels Jr. School of Business at Purdue University. Bullard’s last day at...
New Senate Bill Seeks to Overturn FHFA’s LLPA Rule

New Senate Bill Seeks to Overturn FHFA’s LLPA Rule

by Phil Hall | Jul 13, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

U.S. Sens. Mike Braun (R-IN) and Roger Marshall (R-KS) have introduced the Middle Class Borrower Protection Act to reverse the Federal Housing Finance Agency’s (FHFA) recent mortgage rule that changed to the Loan-Level Price Adjustment (LLPA), which many critics...
New Platform Helps Farmers Gather Data for Ag Land Purchases

New Platform Helps Farmers Gather Data for Ag Land Purchases

by Phil Hall | Jul 13, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Farmers Business Network Inc., an agtech platform and farmer-to-farmer network headquartered in San Carlos, California, has introduced AcreVision, a platform designed to provide farmers with property information when making land purchases. According to the company,...
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