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Leadership Changes Announced at Fannie Mae
Brandon Hamara and John Roscoe were named co-presidents of Fannie Mae. Continue Reading Leadership Changes Announced at Fannie Mae
Leadership Changes Announced at Fannie Mae
Brandon Hamara and John Roscoe were named co-presidents of Fannie Mae. Continue Reading Leadership Changes Announced at Fannie Mae
Pope Leo XIV’s Chicago-Area Childhood Home Taken Off the Market
The owner of the Chicago-area residence that was the childhood home of Pope Leo XIV has been taken off the market. The 1,200-square-foot brick home in Dolton, Illinois, located near the South Side of Chicago, was thrust into the real estate spotlight last week when...
Trump’s CFPB Director Pick Relocated to Treasury Position
The Trump administration has withdrawn Jonathan McKernan’s nomination to become the director of the Consumer Financial Protection Bureau (CFPB) and has nominated him to become undersecretary of domestic finance at the Department of the Treasury. McKernan was confirmed...
California Man Pleads Guilty to Identity Theft in Foreclosure Relief Effort
Jonathan Martinez of Chino, California, pleaded guilty on May 8 to one felony count of unauthorized use of personal identifying information of another in connection to a foreclosure relief endeavor. According to information from the office of the Ventura County...
NEWS & CURRENT EVENTS
CMBS Delinquency Rate Down for Second Straight Month
The only sector to record an uptick in its delinquency rate was lodging, with a 20-basis points spike to 6.43%. Continue Reading CMBS Delinquency Rate Down for Second Straight Month
Residential Property Insurance Costs Soared in 2024 at a Record Rate
The largest percentage increases were recorded in Seattle (+22%), Salt Lake City (+22%) and Los Angeles (+20%). Continue Reading Residential Property Insurance Costs Soared in 2024 at a Record Rate
CFPB Drops 2022 Enforcement Action Against TransUnion
The CFPB opted to continue its 2022 enforcement action against the fintech lender MoneyLion Continue Reading CFPB Drops 2022 Enforcement Action Against TransUnion
Bascom Group Acquires California Apartment Community for $127 Million
Highridge Apartments is an institutionally owned, 1972-vintage property that has undergone significant upgrades over the years. Continue Reading Bascom Group Acquires California Apartment Community for $127 Million
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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.
Auction Scheduled for Jacqueline Kennedy’s Georgetown Mansion
The property was designated as a National Historic Landmark in 1976. Continue Reading Auction Scheduled for Jacqueline Kennedy’s Georgetown Mansion
Financing Secured on First CMHC-Insured Modular Apartment Complex
Fuze Lucan will consist of two four-story apartments with 90 units and 141 parking spaces. Continue Reading Financing Secured on First CMHC-Insured Modular Apartment Complex
NAR’s Chief Economist Warns That Jobs Report Does Not Guarantee a Healthier Economy
Lawrence Yun added that the Federal Reserve needs to reconsider its fiscal policy as quickly as possible. Continue Reading NAR’s Chief Economist Warns That Jobs Report Does Not Guarantee a Healthier Economy
Reverse Mortgage Fraudster Arrested Again Over New Scams
A pending civil complaint is seeking to void all the victims’ mortgages. Continue Reading Reverse Mortgage Fraudster Arrested Again Over New Scams
Anywhere Real Estate in $83.5 Million Settlement Over Antitrust Charges
The settlement must be approved by the U.S. District Court judges in Illinois and Missouri. Continue Reading Anywhere Real Estate in $83.5 Million Settlement Over Antitrust Charges
IRS Places Rudy Giuliani’s Florida Condo Under a Tax Lien
The tax lien for $549,435.26 was recorded in Palm Beach County on Sept. 1. Continue Reading IRS Places Rudy Giuliani’s Florida Condo Under a Tax Lien
Tech Trends: How One Tech Company Succeeded in This Market
Cecilian Partners raised $11 million in its first institutional equity round led by Resolve Growth Partners. Continue Reading Tech Trends: How One Tech Company Succeeded in This Market
1,500 Days on the Market: The Little Tasmanian House Nobody Loves (Yet)
“There is nothing wrong with the property, but you have to consider that it is two and a half hours out of Launceston,” said agent Andrew Bennett. Continue Reading 1,500 Days on the Market: The Little Tasmanian House Nobody Loves (Yet)
Arch Capital Group Names Seamus Fearon CEO of International Mortgage
Fearon will have responsibility for managing Arch’s Australian and European mortgage operations. Continue Reading Arch Capital Group Names Seamus Fearon CEO of International Mortgage
Herbie Huesman Named SVP of Real Estate at USAA FSB
Most recently, Huesman served as the bank’s interim general manager for real estate. Continue Reading Herbie Huesman Named SVP of Real Estate at USAA FSB
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