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Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
Mixed-Use Development in Affluent NYC Suburb Sells for $76.5 Million
Chappaqua Crossing, a mixed-use development in the affluent New York City suburb of Chappaqua, New York, has been sold for $76.5 million. The property is situated between the Saw Mill Parkway and Route 117 and is the redevelopment of the former Reader’s Digest...
Leadership Change at Mission Rock Residential
Mission Rock Residential, a Denver-headquartered third-party property management company, announced the transition of CEO Patricia “Pat” Hutchison into a new role as chairwoman of the board of directors in an advisory capacity through 2026. Meredith Wright, who served...
A Phil Hall Op-Ed: Hattie McDaniel’s Fight Against Housing Discrimination
A Phil Hall Op-Ed: Pop culture aficionados recognize Hattie McDaniel as a performer with a history of breaking entertainment barriers. She was the first Black woman to sing on radio, the first Black performer to win an Academy Award with her performance in “Gone with...
NEWS & CURRENT EVENTS
Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
Fannie and Freddie Conforming Loan Limits Raised for 2026
The increase is linked to the 3.26% house price increase recorded between the third quarters of 2024 and 2025. Continue Reading Fannie and Freddie Conforming Loan Limits Raised for 2026
Report: Home Delistings Up 28% Year-Over-Year
Roughly one in five homes that were delisted over the summer were re-listed within three months. Continue Reading Report: Home Delistings Up 28% Year-Over-Year
Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
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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.
Report: Down Payment Level Held Steady During Q3
During the third quarter, the average down payment share remained near 14.4% of the purchase price. Continue Reading Report: Down Payment Level Held Steady During Q3
Residents in Florida City Push Back at Proposed 6,000-Seat Soccer Stadium
The opponents to this effort insisted the city cannot handle a spike in traffic volume from the stadium. Continue Reading Residents in Florida City Push Back at Proposed 6,000-Seat Soccer Stadium
Christine Chandler Sworn in as Mortgage Bankers Association’s 2026 Chairperson
Chandler is the executive vice president and chief operating officer at M&T Realty Capital Corporation. Continue Reading Christine Chandler Sworn in as Mortgage Bankers Association’s 2026 Chairperson
Hits and Misses for the Real Estate Week of Oct. 13-17
Positive data on rental housing costs, a new threat to close the CFPB, and California’s housing market shows signs of vitality. Continue Reading Hits and Misses for the Real Estate Week of Oct. 13-17
California Home Flipper Indicted for Defrauding Lenders Over Six Years
Steven Taylor is currently free on a $3.6 million bond. Continue Reading California Home Flipper Indicted for Defrauding Lenders Over Six Years
Lennar Begins Sales at New Community in Texas
Pricing starts in the mid $200,000s. Continue Reading Lennar Begins Sales at New Community in Texas
Bank Regulators Drop Climate-Risk Principles
The Office of the Comptroller of the Currency discontinued this Biden-era policy in March. Continue Reading Bank Regulators Drop Climate-Risk Principles
Eric Trump Previews Plans to Tokenize Real Estate
“If I decided to build a hotel in Washington, DC or in Dubai or in New York, why do I have to go out using Deutsche Bank?” he said. Continue Reading Eric Trump Previews Plans to Tokenize Real Estate
Florida Lawmakers to Consider 7 Different Proposals for Property Tax Relief
Lawmakers will consider which resolutions go on the ballot when the legislative session resumes in early 2026. Continue Reading Florida Lawmakers to Consider 7 Different Proposals for Property Tax Relief
CFO of LA Affordable Housing Developer Arrested for Defrauding Grant Funds
Cody Holmes was arrested on a federal criminal complaint charging him with mail fraud. Continue Reading CFO of LA Affordable Housing Developer Arrested for Defrauding Grant Funds
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