Exclusive WRE News Articles
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Federal Reserve Cuts Rates for Third Straight Time
The Fed also stressed that it would “continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities.” Continue Reading Federal Reserve Cuts Rates for Third Straight Time
Title Insurance Premium Volume Up 5.3% in Q3
The top underwriter in the third quarter as measured by market share was First American Title Insurance Co. (21.9%). Continue Reading Title Insurance Premium Volume Up 5.3% in Q3
Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses
Insurance Bureau of Canada (IBC), the national industry association representing Canadian private home, auto and business insurers, has blamed Prime Minister Justin Trudeau’s for failing to protect property owners from… Continue Reading Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses Continue Reading Insurance Bureau of Canada Slams Trudeau Response to Climate-Related Losses
Additional Reading: Realtor Tools & Insights
New York State Considers Expanding CRA Law to Cover Nonbank Mortgage Lenders
The proposed regulation tests will take place where the nonbanks are originating loans rather than where they have a physical branch presence. Continue Reading New York State Considers Expanding CRA Law to Cover Nonbank Mortgage Lenders
CFPB Finalizes Rule on PACE Loan Protections
The new rule requires lenders to assess a borrower’s ability to repay a PACE loan. Continue Reading CFPB Finalizes Rule on PACE Loan Protections
Real Estate Investor Sentenced for Role in Mortgage Fraud Scheme
ron Puretz pleaded guilty to one count of conspiracy to commit wire fraud affecting a financial institution. Continue Reading Real Estate Investor Sentenced for Role in Mortgage Fraud Scheme
EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs
“After many years of serving consumers, EasyKnock has closed its doors,” said the New York City-based company. Continue Reading EasyKnock Shuts Down Amid Complaints Over Its Residential Sale-Leaseback Programs
Former Ginnie Mae Chief Takes Role at Freddie Mac
Freddie Mac (OTCQB: FMCC) has announced the appointment of Sam Valverde as vice president of mission and community engagement within its single-family acquisitions division. Sam Valverde served as acting president from May through the end of November, when he stepped...
Trump Says He Has No Plans to Remove Powell as Fed Chairman
Jerome Powell can relax – President-elect Donald Trump stated he would not try to replace him before his terms as Federal Reserve chairman ends in May 2026. In an interview broadcast on NBC’s “Meet the Press,” moderator Kristen Welker pressed Trump on retaining...
Hits and Misses for the Real Estate Week of Dec. 2-5
A new achievement in luxury real estate, an executive preparing the next generation of professionals, and the perils of renting to Hunter Biden top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Dec. 2-5
Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme
James Macchio was sentenced to 42 months in prison and two years of supervised release. Continue Reading Connecticut Real Estate Agent Sentenced for Short Sales Fraud Scheme
HUD Announces New Disaster Assistance Initiatives
Foreclosure moratoriums were extended for households impacted by Hurricanes Irene and Milton. Continue Reading HUD Announces New Disaster Assistance Initiatives
MaxHome Raises $2 Million in Pre-Seed Funding Round
MaxHome established partnerships with leading real estate brokerages including Baird & Warner and the Jason Mitchell Group. Continue Reading MaxHome Raises $2 Million in Pre-Seed Funding Round
Feds to Shed 8 Government Buildings
The GSA plan said the reduction will involve 1.5 million square feet and more than $475 million in estimated cost avoidance over 10 years. Continue Reading Feds to Shed 8 Government Buildings
Dollar General Plans 575 New US Stores in 2025
Also being planned is the full remodeling of 2,000 stores, renovations at another 2,250 outlets and the relocation of 45 stores. Continue Reading Dollar General Plans 575 New US Stores in 2025
Q3 Equity Gains Down by More Than 5%
The rate of equity growth dropped from 8% from the second quarter to 2.5% in the third quarter. Continue Reading Q3 Equity Gains Down by More Than 5%
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
