by Phil Hall | Apr 24, 2026 | Current News & Events, Real Estate News, WRE News Exclusive
A former Illinois contractor avoided prison time when a judge sentenced him to three years of supervised release, 200 hours of community service and a $9,500 fine for his role in a bank fraud scheme involving straw buyers and overvalued properties. The Belleville...
by Phil Hall | Apr 24, 2026 | Current News & Events, Real Estate News, WRE News Exclusive
The Department of Justice (DOJ) is dropping its efforts to investigate the Federal Reserve and its chairman, Jerome Powell, over cost overruns on the central bank’s headquarters. Sen. Thom Tillis (R-NC), a member of the Senate Banking Committee, vowed to block...
by Phil Hall | Apr 24, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive
The national mortgage delinquency rate declined by 37 basis points (bps) in March to 3.35%, although it was 14 bps above last year’s level, according to data from Intercontinental Exchange Inc. (NYSE: ICE). Prepayment speeds (SMM) were up by 24 bps from February to...
by Phil Hall | Apr 24, 2026 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
Elected officials in Florida’s Hillsborough County have told the Tampa Bay Rays that they cannot meet the team’s demand to approve a financing deal on a proposed new stadium by June 1. According to a WUSF report, the county said questions about funding, risk and the...
by Phil Hall | Apr 24, 2026 | Current News & Events, Real Estate News, WRE News Exclusive
Hedge fund executive Ken Griffin is pushing back at New York Mayor Zohran Mamdani’s attempt to single him out as a luxury real estate owner who is not paying his fair share of taxes. Last week, Mamdani used a social media video filmed in front of the Central Park...
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