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Newsom Signs Order to Stop Predatory Land Speculation in Fire-Damaged Areas

Newsom Signs Order to Stop Predatory Land Speculation in Fire-Damaged Areas

by Phil Hall | Jan 15, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

California Gov. Gavin Newsom issued an executive order to protect Los Angeles County victims of the ongoing wildfires from predatory land speculators offering unsolicited cash offers to purchase their property. In a statement from the governor’s office, the executive...
Texas Developer Nate Paul Ends Fraud Case with Guilty Plea

Texas Developer Nate Paul Ends Fraud Case with Guilty Plea

by Phil Hall | Jan 15, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Texas real estate developer Nate Paul entered a guilty plea to one charge of making false statements to a lending institution, thus ending the 18-month federal bank and wire fraud case connected to his work as related to his work as president and CEO of World Class...
Mortgage Bankers Association Brings Undergraduate Course to Cleveland State University

Mortgage Bankers Association Brings Undergraduate Course to Cleveland State University

by Phil Hall | Jan 15, 2025 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

MBA Education, the education division of the Mortgage Bankers Association (MBA), has launched its Mortgage Banking Bound (MBB) program at Cleveland State University. The program offers a three-credit undergraduate course on residential mortgage origination and...
Jenny Coupland Named CEO of Visio Lending

Jenny Coupland Named CEO of Visio Lending

by Phil Hall | Jan 15, 2025 | Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Austin-based Visio Lending, an originator of investor-focused mortgage loans, has hired Jenny Coupland as CEO. Coupland, who was also on Visio’s board of directors, replaces co-founders CEO Jeff Ball and President Matt Matza upon their recent retirements. She...
Report: Mauricio Umansky Slapped with $20,000 in Tax Liens

Report: Mauricio Umansky Slapped with $20,000 in Tax Liens

by Phil Hall | Jan 15, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Prominent real estate broker and “Buying Beverly Hills” star Mauricio Umansky was back in the spotlight, albeit for the wrong reasons – the CEO of The Agency and co-founder of the American Real Estate Association was hit with four tax liens totaling $20,000....
Mortgage Application Activity Soars by 33%

Mortgage Application Activity Soars by 33%

by Phil Hall | Jan 15, 2025 | Market Snapshot, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications activity went into overdrive in the latest data from the Mortgage Bankers Association (MBA) for the week ending Jan. 10; the data included an adjustment for the New Year’s holiday. The Market Composite Index, the MBA’s measure of mortgage loan...
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