Deltec Homes Debuts New Line of Affordable Dwelling Units

by Phil Hall | Feb 27, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Asheville, North Carolina-headquartered Deltec Homes has rolled out its new Backyard Cottages line of affordable accessory dwelling units (ADUs). The collection launches with two models: the Refuge (326 square feet) and the Sanctuary (517 square feet). Both feature...

FHFA’s Pulte: Trump ‘Single-Handedly Lowered Mortgage Rates’

by Phil Hall | Feb 27, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

As the 30-year fixed-rate mortgage fell below 6% for the first time since 2022, Federal Housing Finance Agency Director Bill Pulte has credited President Trump as being the only reason that decline occurred. In a post on his personal X account, Pulte cheered,...

Former FHA Commissioner Brian D. Montgomery Joins NewDay USA as Vice Chairman

by Phil Hall | Feb 27, 2026 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

NewDay USA, the West Palm Beach, Florida-headquartered mortgage lender focused on the veteran community, has hired Brian D. Montgomery as vice chairman of the company’s advisory board. Montgomery is the only individual to serve as commissioner of the Federal...

NYC Mayor Mamdani Lobbies Trump for $21 Billion to Fund Affordable Housing Project

by Phil Hall | Feb 27, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

New York City Mayor Zohran Mamdani made a surprise trip to the White House yesterday with the goal of lobbying President Trump into allocating $21 billion federal funds for a massive affordable housing project. The proposed project would build 12,000 affordable...

North Carolina Attorney Sentenced for Role in Real Estate Fraud Scheme

by Phil Hall | Feb 27, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

A North Carolina attorney was sentenced to between 48 and 70 months in prison for his role in a real estate fraud scheme. WLOS reports Robert P. Tucker II conspired with two other defendants, Ilesanmi Adaramola and Lisa Roberts-Allen, to obtain property from victims...