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Report: Trump May Try to Fire Fed Governor Following Mortgage Fraud Accusation

Report: Trump May Try to Fire Fed Governor Following Mortgage Fraud Accusation

by Phil Hall | Aug 20, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

President Trump is reportedly considering whether he can fire Lisa D. Cook, a Federal Reserve governor who was accused this morning of mortgage fraud by Bill Pulte, director of the Federal Housing Finance Agency. Trump posted a message on his Truth Social website...
New Joint Venture to Develop Charlotte-Area Townhome Rental Community

New Joint Venture to Develop Charlotte-Area Townhome Rental Community

by Phil Hall | Aug 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The investment firms Sterling Equities, Eden Multifamily and Peakline Real Estate Funds have partnered to develop a new townhome rental community located in the Steele Creek community of South Charlotte, North Carolina. The joint venture’s Eden Steele Creek will...
ALTA Adds Title Insurance Endorsements to Combat Seller Impersonation Fraud

ALTA Adds Title Insurance Endorsements to Combat Seller Impersonation Fraud

by Phil Hall | Aug 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The American Land Title Association (ALTA) has announced two new policy endorsements designed to help protect homeowners from seller impersonation fraud. The title insurance endorsements will allow new and existing homeowners to add coverage that offers post-policy...
Leadership Shake-Up at Target with New CEO

Leadership Shake-Up at Target with New CEO

by Phil Hall | Aug 20, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Target Corporation (NYSE: TGT), the Minneapolis-headquartered retailer with more than 2,000 stores, announced that CEO Brian Cornell will transition to executive chairman of the board of directors while Chief Operating Officer Michael Fiddelke will take on the CEO...
FHFA’s Pulte Accuses Federal Reserve Governor of Mortgage Fraud

FHFA’s Pulte Accuses Federal Reserve Governor of Mortgage Fraud

by Phil Hall | Aug 20, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Federal Housing Finance Agency (FHFA) Director Bill Pulte has made a new criminal referral to the Department of Justice on alleged mortgage fraud, this time aiming at Federal Reserve Governor Lisa D. Cook. In a posting on his personal X account, Pulte claimed that...
Sen. Adam Schiff Launches Legal Defense Fund to Combat Mortgage Fraud Allegations

Sen. Adam Schiff Launches Legal Defense Fund to Combat Mortgage Fraud Allegations

by Phil Hall | Aug 20, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Sen. Adam Schiff (D-CA) has launched a legal defense fund as the Department of Justice (DOJ) is reportedly investigating his finances. Last month, President Trump accused Schiff of mortgage fraud while the lawmaker was a member of the House of Representatives. Trump...
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