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Bank Fraud Scheme Results in Charges Against Real Estate Investment Group

Bank Fraud Scheme Results in Charges Against Real Estate Investment Group

by Phil Hall | Jan 15, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

A federal grand jury has indicted two Israeli real estate investment entrepreneurs, their company, and two other co-conspirators for allegedly double-pledging properties to obtain multiple loans and for conspiring to conceal information from lenders and investors....
Canadian Home Sales Down During 2025, But Predicted to Rise in 2026

Canadian Home Sales Down During 2025, But Predicted to Rise in 2026

by Phil Hall | Jan 15, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A total of 470,314 home sales were recorded over Canadian MLS Systems units in 2025, a decrease of 1.9% from 2024. According to data from the Canadian Rea Estate Association (CREA), last year’s sales were framed by “a tariff-induced flight of buyers back to the...
Newrez to Recognize Crypto Assets for Mortgage Qualification

Newrez to Recognize Crypto Assets for Mortgage Qualification

by Phil Hall | Jan 15, 2026 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The mortgage lender and servicer Newrez LLC announced its intention to recognize cryptocurrency assets for mortgage qualification. According to the Fort Washington, Pennsylvania-headquartered company, borrowers with crypto investments will be able to qualify for a...
SL Green Completes $730 Million Acquisition of NYC’s Park Avenue Tower

SL Green Completes $730 Million Acquisition of NYC’s Park Avenue Tower

by Phil Hall | Jan 15, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

SL Green Realty Corp. announced that it has closed on the previously announced acquisition of New York City’s Park Avenue Tower for $730 million. Located at 65 East 55th Street in Midtown Manhattan, the property is a 36-story, 621,824-square-foot office building...
Kristina K. Williams to Step Down as CEO at FHLB Des Moines

Kristina K. Williams to Step Down as CEO at FHLB Des Moines

by Phil Hall | Jan 15, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Kristina K. Williams announced that she will retire later year as president and chief executive officer of the Federal Home Loan Bank of Des Moines (FHLB Des Moines). Williams has served in this position since January 2020. Prior to her current role, she served as the...
30-Year Fixed Rate Mortgage Drops to 3-Year Low

30-Year Fixed Rate Mortgage Drops to 3-Year Low

by Phil Hall | Jan 15, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued their decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.06% as of Jan. 15, down from last week when it averaged 6.16%. A year ago at this time, it averaged...
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