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Walmart Announces Change in Leadership
Doug McMillon, who held the leadership position at the company since February 2014, will retire on Jan. 31, 2026. Continue Reading Walmart Announces Change in Leadership
Walmart Announces Change in Leadership
Doug McMillon, who held the leadership position at the company since February 2014, will retire on Jan. 31, 2026. Continue Reading Walmart Announces Change in Leadership
CFPB’s Vought: Government Accountability Office ‘Should Not Exist’
Russell Vought, the director of the Office of Management and Budget and interim director of the Consumer Financial Protection Bureau, has called for the closing of the Government Accountability Office (GAO). Axios reports Vought made his thoughts known during a speech...
Report: DOJ Begins Criminal Probe into Mortgage Fraud Accusations Against Fed Gov. Lisa Cook
The Trump administration’s effort to oust Lisa Cook from her position as a governor on the Federal Reserve Board took a new twist as the Department of Justice (DOJ) is reportedly opening a criminal investigation into the accusations that Cook committed mortgage fraud....
California Leads Nation with Most Q2 At-Risk Housing Markets
The latest Housing Risk Report from ATTOM covering the highest risk markets during the second quarter found that 14 were in California, seven were in Florida, five in New Jersey, and four in Louisiana. ATTOM defined risk by affordability, proportion of seriously...
NEWS & CURRENT EVENTS
Delaware Lawmakers to Hold Special Session to Mitigate Property Tax Hikes
“I’m getting a ton of phone calls, a ton of emails, messages, text messages, every single day,” Rep. Michael Smith said. Continue Reading Delaware Lawmakers to Hold Special Session to Mitigate Property Tax Hikes
NJ Town Drops Eminent Domain Seizure Threat Against Historic Church Property
“I think it’s a good idea – it’s a good purchase,” said Mayor Daniel Rodrick. “I thought they would be willing sellers.” Continue Reading NJ Town Drops Eminent Domain Seizure Threat Against Historic Church Property
Flyhomes Raises $15 Million in Series D Funding
According to the company, the newly raised capital will be used to expand Flyhomes’ Buy Before You Sell program nationwide. Continue Reading Flyhomes Raises $15 Million in Series D Funding
Federal Reserve Holds Rates in Place
Fed governors Michelle W. Bowman and Christopher J. Waller argued to lower the rate by one-quarter percentage point. Continue Reading Federal Reserve Holds Rates in Place
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Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City
The Browns did not publicly comment on the lawsuit. Continue Reading Cleveland Sues Browns, Claiming Law Violation Over Plans to Relocate from City
Survey: Ontario Residents Remain Pessimistic About Becoming Homeowners
75% strongly supported reducing municipal development charges. Continue Reading Survey: Ontario Residents Remain Pessimistic About Becoming Homeowners
NAR Creates New SVP for Industry Relations Position
NAR said Grasso will spearhead efforts “to deepen engagement with state and local associations.” Continue Reading NAR Creates New SVP for Industry Relations Position
Newsom Signs Order to Stop Predatory Land Speculation in Fire-Damaged Areas
Newsom’s office acknowledged the executive order is modeled on a similar order issued by Hawaii Governor Josh Green. Continue Reading Newsom Signs Order to Stop Predatory Land Speculation in Fire-Damaged Areas
Texas Developer Nate Paul Ends Fraud Case with Guilty Plea
Paul was initially indicted in June 2023 on eight counts of bank fraud. Continue Reading Texas Developer Nate Paul Ends Fraud Case with Guilty Plea
Mortgage Bankers Association Brings Undergraduate Course to Cleveland State University
The program offers a three-credit undergraduate course on residential mortgage origination and processing. Continue Reading Mortgage Bankers Association Brings Undergraduate Course to Cleveland State University
Jenny Coupland Named CEO of Visio Lending
She replaces co-founders CEO Jeff Ball and President Matt Matza upon their recent retirements. Continue Reading Jenny Coupland Named CEO of Visio Lending
Report: Mauricio Umansky Slapped with $20,000 in Tax Liens
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%
The Refinance Index increased 44% from the previous week and was 22% higher than the same week one year ago. Continue Reading Mortgage Application Activity Soars by 33%
Housing and Real Estate Trade Groups Back Scott Turner as Next HUD Secretary
The trade organizations said Turner “understands the value of strengthening public-private partnerships.” Continue Reading Housing and Real Estate Trade Groups Back Scott Turner as Next HUD Secretary
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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