Sun Communities Names Robert Garechana as EVP and CFO

by Phil Hall | Aug 28, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

Sun Communities Inc. (NYSE: SUI). a real estate investment trust that owns and operates manufactured housing and recreational vehicle communities, has hired Robert Garechana as executive vice president and chief financial officer, effective Sept. 8. Garechana succeeds...

Real REMAX Stops Selling New Motto Mortgage Franchises After Merger

by John G. Stevens | Aug 28, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Real REMAX Group is already making a significant change to its mortgage strategy, just days after completing the combination of The Real Brokerage and REMAX. The newly combined company will stop selling new Motto Mortgage franchises and no longer invest in expanding...

Warsh Says Housing Is Strained, but Inflation Still Comes First at the Fed

by John G. Stevens | Aug 28, 2026 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Federal Reserve Chairman Kevin Warsh delivered a difficult message for the housing industry Friday: The Fed sees the strain in housing, but that weakness is not enough to shift its attention away from inflation. Speaking at the Federal Reserve Bank of Kansas City’s...

AI Is Getting a Bigger Role in Home Valuations. Borrowers Need a Better Way to Challenge It

by John G. Stevens | Aug 28, 2026 | Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News, Tech Trends, U.S. Housing Market, WRE News Exclusive

Property valuation has always been one of the stranger parts of the mortgage transaction for consumers. A buyer can negotiate a purchase price with a seller, provide months of financial documentation to a lender and get all the way through underwriting only to have...

Miami Real Estate Developer Sentenced on Money Laundering and Tax Fraud Charges

by Phil Hall | Aug 28, 2026 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A Miami real estate developer was sentenced to 11 years and four months in prison following his guilty plea to money laundering and payroll tax conspiracy charges. Rishi Kapoor was the CEO of Location Ventures, a real estate development company that purported to...