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Modular Housing Provider Boxabl Uses SPAC to Go Public With $3.5 Billion Valuation

Modular Housing Provider Boxabl Uses SPAC to Go Public With $3.5 Billion Valuation

by Phil Hall | Aug 5, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Las Vegas-headquartered modular housing manufacturer Boxabl announced plans to go public through a merger with FG Merger II Corp. (Nasdaq: FGMC), a publicly traded special purpose acquisition company. Upon closing of the merger, the newly combined company is...
FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties

FHFA Allows Fannie and Freddie to Invest Further in LIHTC Properties

by Phil Hall | Aug 5, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) announced that Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) are now able to invest in Low Income Housing Tax Credit (LIHTC) properties from $1 billion to $2 billion each, a total of $4 billion per year. “Today’s...
GOP Senators Introduce LETITIA Act to Address Financial Fraud by Politicians

GOP Senators Introduce LETITIA Act to Address Financial Fraud by Politicians

by Phil Hall | Aug 5, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

A coalition of Senate Republicans have introduced the Law Enforcement Tools to Interdict Troubling Investments in Abodes (LETITIA) Act, which is designed public officials accountable if they are found to have enriched themselves through federal bank fraud, tax fraud,...
ATTOM Debuts Self-Service Data Platform

ATTOM Debuts Self-Service Data Platform

by Phil Hall | Aug 5, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate data provider ATTOM announced the launch of ATTOM Nexus, a new self-service platform designed to simplify how organizations evaluate and integrate the company’s data offerings. The new platform enables users to explore metadata and schema across...
Trump Rules Out Treasury Secretary Bessent as Next Fed Chairman

Trump Rules Out Treasury Secretary Bessent as Next Fed Chairman

by Phil Hall | Aug 5, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Treasury Secretary Scott Bessent will not be the next chairman of the Federal Reserve, according to President Trump. In a CNBC interview this morning, Trump stated Bessent was not interested in the job. “Well, I love Scott, but he wants to stay where he is,” Trump...
Northeast and Midwest Suburbs Top Realtor.com’s Hottest ZIP Codes List

Northeast and Midwest Suburbs Top Realtor.com’s Hottest ZIP Codes List

by Phil Hall | Aug 5, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Suburban markets in the Northeast and Midwest dominated the top 10 rankings in Realtor.com’s 2025 edition of its Hottest ZIP Codes Report. The rankings were based on an algorithm that considered market demand as measured by unique viewers per property on...
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