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Michigan Woman Charged with 10 Felonies in Real Estate Fraud Schemes
Amanda Escalante-Lopez allegedly made several verbal agreements for land contracts and title to homes that she did not own. Continue Reading Michigan Woman Charged with 10 Felonies in Real Estate Fraud Schemes
Michigan Woman Charged with 10 Felonies in Real Estate Fraud Schemes
Amanda Escalante-Lopez allegedly made several verbal agreements for land contracts and title to homes that she did not own. Continue Reading Michigan Woman Charged with 10 Felonies in Real Estate Fraud Schemes
New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
Another strategy for lowering Ohio’s property taxes has been brought forth with a new bill that would give counties the ability to lower property taxes if the amount collected is more than needed. WCMH reports House Bill 309, introduced by David Thomas (R-Jefferson),...
Pennsylvania Title Company President Pleads Guilty to Defrauding Underwriter, Clients and the SBA
The former president of a Pennsylvania title company has pleaded guilty for defrauding a title insurance underwriter, clients and the federal government. According to the charges brought against him, Louis Belletieri was the president of Allentown-based Security...
Judge Rejects CFPB’s Request to Vacate Redlining Settlement with Townstone Financial
A federal judge in Chicago has rejected a request by the Consumer Financial Protection Bureau (CFPB) to vacate its $105,000 settlement of redlining charges brought against the mortgage lender Townstone Financial. The settlement followed a protracted litigation that...
NEWS & CURRENT EVENTS
Real Estate Investor Says Seller’s Agent Refused to Do Business Because He Drives a Tesla
Charles Lamplough contacted the seller directly to purchase the property. Continue Reading Real Estate Investor Says Seller’s Agent Refused to Do Business Because He Drives a Tesla
FHFA to Establish Mortgage Fraud Tip Line
“There is no room for fraud in our mortgage markets. None,” said FHFA Director Bill Pulte. Continue Reading FHFA to Establish Mortgage Fraud Tip Line
First American Promoted CFO Mark E. Seaton to CEO
Treasurer Matt F. Wajner was promoted to fill the CFO role. Continue Reading First American Promoted CFO Mark E. Seaton to CEO
Redfin Follows Zillow’s Lead in Prohibiting Private Listings
Glenn Kelman, the company’s CEO, declared “we believe that all buyers should be able to see all listings.” Continue Reading Redfin Follows Zillow’s Lead in Prohibiting Private Listings
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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.
Trustmark National Bank Sells Insurance Subsidiary to Marsh & McLennan Agency
Trustmark stated the transaction value represents approximately 5.9 times FBBInsurance’s 2023 revenue and 28 times net income. Continue Reading Trustmark National Bank Sells Insurance Subsidiary to Marsh & McLennan Agency
Matt Parisi Joins Industry Real Estate Partners as Vice President
He was previously vice president at Transwestern’s tenant advisory and occupier solutions team, Continue Reading Matt Parisi Joins Industry Real Estate Partners as Vice President
Foxtrot and Dom’s Kitchen Abruptly Shut Down 35 Grocery Stores
No explanation was given on why the combined company failed so abruptly. Continue Reading Foxtrot and Dom’s Kitchen Abruptly Shut Down 35 Grocery Stores
Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today
“Rising home prices are a double-edged sword,” said Redfin Senior Economist Elijah de la Campa. Continue Reading Study: Roughly 40% of Homeowners Could Not Afford to Buy Their Home Today
Four Seasons to Open First Branded Residences in Florida
The new 20-story development will offer 70 residences ranging from two- to four-bedrooms. Continue Reading Four Seasons to Open First Branded Residences in Florida
NAR Receives Preliminary Approval of Sitzer/Burnett Settlement Agreement
A final approval hearing on the settlement will take place in November. Continue Reading NAR Receives Preliminary Approval of Sitzer/Burnett Settlement Agreement
Survey: Half of Canadians Say Inflation Erodes Their Ability to Buy a Home
62% of respondents said financial support from family is necessary to buy a home. Continue Reading Survey: Half of Canadians Say Inflation Erodes Their Ability to Buy a Home
Guest Opinion: How You Might Look at Recent Data
We are all looking at the same data, but it is easy to come away with different conclusions. Continue Reading Guest Opinion: How You Might Look at Recent Data
CRE Investment Firm Matterhorn Venture Partners Opens in Chicago
The new firm focuses on multiple asset classes and transaction sizes. Continue Reading CRE Investment Firm Matterhorn Venture Partners Opens in Chicago
New Home Sales Up 8.8% in March
The median sales price of new houses sold in March was $430,700. Continue Reading New Home Sales Up 8.8% in March
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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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