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Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
HUD Investigates Affordable Housing Discrimination Against Whites in Boston
The Department of Housing and Urban Development (HUD) has begun an investigation into the City of Boston’s housing policies to determine whether it discriminated against low-income white residents. The New York Times reports Craig Trainor HUD’s assistant secretary for...
Another Grand Jury Refuses to Indict Letitia James on Mortgage Fraud-Related Charges
For the second time in a week, a Virginia grand jury has refused to indict New York Attorney General on mortgage fraud-related charges. The New York Times notes that while there is nothing to prevent the Trum administration from trying to indict her again, the...
Court Orders California City to Approve Affordable Housing
The California Supreme Court ruled that the City of Huntington Beach must approve plans for residences that low-income people could afford. The San Francisco Chronicle reports the city argued the decision to build a specific amount and type of housing belongs to local...
NEWS & CURRENT EVENTS
Texas Lt. Gov. Patrick at Odds with Gov. Abbott Over Property Tax Reform
Property tax reform is a key plank in Abbott’s 2026 re-election campaign. Continue Reading Texas Lt. Gov. Patrick at Odds with Gov. Abbott Over Property Tax Reform
Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
“So many of these properties, especially the vacant lots, just sit there for a while,” said Mayor Arunan Arulampalam. Continue Reading Hartford Mayor Offers City-Owned Land for $1 Per Parcel to Affordable Housing Developers
Trump Insinuates Biden’s Federal Reserve Appointments Are Not Legitimate
Federal Reserve appointments require Senate confirmation and are not unilaterally enacted by presidential declaration. Continue Reading Trump Insinuates Biden’s Federal Reserve Appointments Are Not Legitimate
FTC Warns Property Management Software Firms on Pricing Transparency
The FTC did not identify which companies received the letters. Continue Reading FTC Warns Property Management Software Firms on Pricing Transparency
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
Find insights, information, tools, perspectives, and trends written by experts and published exclusively on WRE News.
Real Estate Finance Firm KV Capital Expands to Toronto
The new office is the company’s third location, joining its Edmonton headquarters that opened in 2006 and a Calgary office that opened in 2023. Continue Reading Real Estate Finance Firm KV Capital Expands to Toronto
CFPB to Continue Regulatory Operations into 2026
Last week, the White House nominated Stuart Levenbach, an associate director in the Office of Management and Budget, to become the next CFPB director. Continue Reading CFPB to Continue Regulatory Operations into 2026
Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
The 1.5 million-square-foot mall was foreclosed on last week, selling for $134 million. Continue Reading Report: Near-Empty San Francisco Centre Evicting the Remaining Retail Tenants
Colin Fitzgibbons, President of Hunt Realty Investments, Dies at 46
Prior to his career in real estate, he was a sports reporter for the Washington Post. Continue Reading Colin Fitzgibbons, President of Hunt Realty Investments, Dies at 46
Leadership Shift at Brixmor Property Group
Brian T. Finnegan, the company’s president and chief operating officer, will succeed Taylor. Continue Reading Leadership Shift at Brixmor Property Group
Judge Dismisses Mortgage Fraud Case Against Letitia James
The judge ruled prosecutor Lindsey Halligan was not eligible to pursue the case. Continue Reading Judge Dismisses Mortgage Fraud Case Against Letitia James
MBA Chief Calls for Federal Probe into Price Hikes on Credit Reporting Products
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit is calling for a federal investigation into recent price increases for credit reporting products. In a post on LinkedIn, Broeksmit stated, “I was hoping it was April Fool’s Day, but it feels more like...
Investor James Fishback Announces Bid for Governor of Florida with Pledge to End Property Taxes
Rep. Byron Donalds has been endorsed for the GOP nomination by Trump. Continue Reading Investor James Fishback Announces Bid for Governor of Florida with Pledge to End Property Taxes
Ex-Realtor Association CEO Arrested on Grand Theft Charges
Jennifer Garula-Mers cost EPCAR a total loss of $81,453.92. Continue Reading Ex-Realtor Association CEO Arrested on Grand Theft Charges
A Pair of San Francisco Hotels Sold at Steep Discount
The hotels account for nearly 10% of San Francisco’s lodging units. Continue Reading A Pair of San Francisco Hotels Sold at Steep Discount
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