New York Attorney General Letitia James Indicted in Mortgage Fraud Case

by Phil Hall | Oct 9, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

New York Attorney General Letitia James has been indicted on a single count of bank fraud in connection to a mortgage on a residential property in Virginia. “No one is above the law,” said Lindsey Halligan, the interim US Attorney for the Eastern District of...

Tech Trends: Smarter Ways to Do Business

by Phil Hall | Oct 9, 2025 | Current News & Events, Real Estate Agent Tools, Real Estate News, Tech Trends, WRE News Exclusive

This week’s edition of Tech Trends features artificial intelligence, deepfake detection and predictive analytics. A New App on Mr. Altman’s Platform. Zillow (NASDAQ: Z, ZG) announced it has become the first and only real estate app available in ChatGPT. According to...

Non-QM Lender Angel Oak Mortgage Solutions Debuts 5- and 7-Year Adjustable-Rate Mortgages

by Phil Hall | Oct 9, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Angel Oak Mortgage Solutions LLC, the Atlanta-headquartered wholesale and correspondent non-qualified mortgage (non-QM) lender, has expanded is product line with the debut of 5-year and 7-year Adjustable-Rate Mortgages (ARM). According to the company, the new ARM...

Hospitality at Work Acquires Vector Property Services

by Phil Hall | Oct 9, 2025 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Hospitality at Work, a manager of office and mixed-use properties and a subsidiary of the real estate developer and investor Lowe, has acquired Vector Property Services, a Denver-based company with over 2.5 million square feet of institutional property under...

Mortgage Rates Go Into Decline

by Phil Hall | Oct 9, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

After rising for two weeks, mortgage rates reversed course and declined in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.30% as of Oct. 9, down from last week when it averaged 6.34%. A year...