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Report: Fed Governor’s Abrupt Resignation Linked to Stock Trading
Kugler had been working with US Government Ethics Office officials since September 2024 to resolve her violations of trading policies. Continue Reading Report: Fed Governor’s Abrupt Resignation Linked to Stock Trading
Report: Fed Governor’s Abrupt Resignation Linked to Stock Trading
Kugler had been working with US Government Ethics Office officials since September 2024 to resolve her violations of trading policies. Continue Reading Report: Fed Governor’s Abrupt Resignation Linked to Stock Trading
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
Compass Expands in North Carolina with Addition of Cottingham Chalk
Cottingham Chalk’s 70 agents closed $589 million in sales volume during 2024. Continue Reading Compass Expands in North Carolina with Addition of Cottingham Chalk
Rental Housing Developer Sunstone Two Tree Opens Phoenix Office
The new office joins the company’s Westlake Village, California-based headquarters. Continue Reading Rental Housing Developer Sunstone Two Tree Opens Phoenix Office
New Senate Bill Would Recognize Cryptocurrency as Mortgage Collateral
“The American dream of homeownership is not a reality for many young people,” said Sen. Cynthia Lummis. Continue Reading New Senate Bill Would Recognize Cryptocurrency as Mortgage Collateral
Pending Home Sales Down During June
The Northeast recorded a 2.1% uptick in pending home sales from May but remained unchanged from June 2024. Continue Reading Pending Home Sales Down During June
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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.
Morgan Properties Acquires First Community in Kentucky
Built in 2005-2006, the property maintains a 96% occupancy rate. Continue Reading Morgan Properties Acquires First Community in Kentucky
Mike Rawls to Step Down as Xome’s CEO
Chris Marshall, former vice chairman and president at Mr. Cooper, will succeed Rawls. Continue Reading Mike Rawls to Step Down as Xome’s CEO
Industrial Property Vacancy Rate Up in Q4
Quarterly new leasing activity totaled approximately 130 msf in the fourth quarter and was down 15.7% compared to one year ago. Continue Reading Industrial Property Vacancy Rate Up in Q4
Redfin Lays Off 46 Employees
The company stated that none of its agents were laid off. Continue Reading Redfin Lays Off 46 Employees
Macy’s and Kohl’s Announce Store Closures
“Closing any store is never easy,” said Tony Spring, chairman and CEO of Macy’s Inc. Continue Reading Macy’s and Kohl’s Announce Store Closures
Teresa Carlile Named President at Ridgeland Mortgage
Carlile was previously operations manager for business insurance at Travelers. Continue Reading Teresa Carlile Named President at Ridgeland Mortgage
FHFA Director Sandra Thompson to Resign Ahead of Trump Inauguration
Thompson was sworn in on June 22, 2022. Continue Reading FHFA Director Sandra Thompson to Resign Ahead of Trump Inauguration
Update: Death Toll in Los Angeles Wildfires Rises to 10; 9,000 Homes Destroyed
Los Angeles Mayor Karen Bass’ leadership during the crisis created a controversy. Continue Reading Update: Death Toll in Los Angeles Wildfires Rises to 10; 9,000 Homes Destroyed
Housing Crisis 2025: John G. Stevens’ Perspective
“As we move further into 2025, the stakes have never been higher,” says publisher John G. Stevens. Continue Reading Housing Crisis 2025: John G. Stevens’ Perspective
Mortgage Rates Inch Closer to 7% Level
The 30-year fixed-rate mortgage averaged 6.93% as of Jan. 9. Continue Reading Mortgage Rates Inch Closer to 7% Level
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