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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...
Vermont Homeowners Face 12% Property Tax Hike
Vermont homeowners could be facing an average property tax hike of 12% next year based on the projected budgets from two-thirds of the state’s schools. WCAX reports per-pupil spending in Vermont is up by nearly $1,000, a 7% year-over-year increase. If the latest tax...
Report: Trump to Profit from Proposed NYC Casino
Casino gaming could be coming to New York City as three projects received gambling licenses from the state – with President Trump being an unlikely beneficiary from one of these new operations. The Associated Press reports the one of the proposed casinos will be built...
New Owner of Kanye West’s Troubled Malibu Beach House Faces Foreclosure
The bizarre drama involving rapper Kanye West’s one-time Malibu beach house detoured into a convoluted new chapter with the current owner facing a foreclosure threat on the property. The property spans 4,201 square feet and is constructed of approximately 1,200 tons...
NEWS & CURRENT EVENTS
Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Prices at Brunson Station will start from the low $300,000s for townhomes and the mid $300,000s for single-family homes. Continue Reading Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
Report: DOJ and FBI Probing Pulte for Possible Misconduct in Mortgage Fraud Referrals
Pulte did not issue any public response to the story. Continue Reading Report: DOJ and FBI Probing Pulte for Possible Misconduct in Mortgage Fraud Referrals
Florida Home Sales Rise While Prices Decline
The statewide median sales price for single-family existing homes in October was $411,105, down 0.9% compared to one year ago. Continue Reading Florida Home Sales Rise While Prices Decline
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Report: 1 in 3 Homes Bought in All-Cash Sales During First Half of 2025
The top five states for all-cash sales were Mississippi (49.6%), Montana (46.0%), Idaho (45.0%), Hawaii (44.9%), and Maine (44.4%). Continue Reading Report: 1 in 3 Homes Bought in All-Cash Sales During First Half of 2025
California’s State-Run Property Insurance Program Proposes 36% Rate Hike
If approved, the new rates would take at customers’ next renewal date after April 1, 2026. Continue Reading California’s State-Run Property Insurance Program Proposes 36% Rate Hike
Second Prosecutor Balks at Trump Pressure to Indict Letitia James for Mortgage Fraud
Elizabeth Yusi has been with the Department of Justice for 18 years and has been a US Assistant Attorney for the last 10 years. Continue Reading Second Prosecutor Balks at Trump Pressure to Indict Letitia James for Mortgage Fraud
The Best and Worst Cities for Driving Are…
In 100th place was Philadelphia – obviously, the City of Brotherly Love doesn’t spread its love to the roads and highways. Continue Reading The Best and Worst Cities for Driving Are…
Clarion Partners Expands into Senior Housing Sector
The financial aspects of the deal were not disclosed. Continue Reading Clarion Partners Expands into Senior Housing Sector
Chicago Bears Seek $855 Million in Public Funding for Infrastructure Projects Around New Stadium
The Bears initially insisted they would pay for the stadium itself, with team president Kevin Warren claiming the new stadium would “require zero state money for construction.” Continue Reading Chicago Bears Seek $855 Million in Public Funding for Infrastructure Projects Around New Stadium
Report: Housing Affordability at Best Level Since Early 2023
The average credit score for purchase locks climbed above 736, the highest recorded in the six-year history of ICE’s origination dataset Continue Reading Report: Housing Affordability at Best Level Since Early 2023
First Residential Independent Mortgage, a New Lender, Begins Operations
The new company will specialize in conventional and FHA loans and will offer down payment assistance loan products through its existing partnerships. Continue Reading First Residential Independent Mortgage, a New Lender, Begins Operations
KB Home Unveils New Seattle-Area Community
Pricing at Greenleaf Grove starts at $1.3 million. Continue Reading KB Home Unveils New Seattle-Area Community
Gary Mayo Named President of Harmony Homes
Mayo comes to Harmony Homes after 27 years as group president at Toll Brothers. Continue Reading Gary Mayo Named President of Harmony Homes
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