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NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Ken Yiu faces up to 30 years in prison and a maximum fine of $1 million for the mortgage fraud count and 20 years in prison and a maximum fine of $500,000 for the drug count. Continue Reading NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Ken Yiu faces up to 30 years in prison and a maximum fine of $1 million for the mortgage fraud count and 20 years in prison and a maximum fine of $500,000 for the drug count. Continue Reading NYC Man Pleads Guilty to Using Mortgage Fraud for Buying Maine Marijuana Grow House
Report: Fed Governor’s Abrupt Resignation Linked to Stock Trading
The reason behind the abrupt and unexplained resignation of former Federal Reserve Board Gov. Adriana Kugler in August has been revealed. CNBC, citing information from “unnamed Fed officials familiar with the matter,” reports Kugler’s departure was the result of an...
Hits and Misses for the Real Estate Week of Nov. 10-14
Trump’s 50-year mortgage plan, the continued upswing in foreclosure activity, and a military base’s unlikely neighbor. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 10-14. Miss: The Wrong Answer. The Miss of the week –...
80% of Montana Homeowners Received a Property Tax Cut This Year
New data from the Montana Department of Revenue has determined 80% of the state’s residential property owners received a property tax cut this year while 10% saw their property taxes remain flat year-over-year. According to NBC Montana, recipients saw a property tax...
NEWS & CURRENT EVENTS
NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
NewDay USA said this new product will allow veterans to “compete like cash buyers and close in as few as 15 days.” Continue Reading NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
JLL Capital Markets Secures $565 Million Construction Financing for New Miami Luxury Condo Tower
As of last month, The Residences at 1428 is 57% presold. Continue Reading JLL Capital Markets Secures $565 Million Construction Financing for New Miami Luxury Condo Tower
MCB Real Estate Makes New Acquisition Offer for Whitestone REIT
Whitestone did not immediately issue a public comment on the offer. Continue Reading MCB Real Estate Makes New Acquisition Offer for Whitestone REIT
LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
The property’s last owner was financier Gary Winnick, who acquired it in 2000 for $94 million. Continue Reading LA Mansion That Was Once the Most Expensive Listed Home is Headed to Foreclosure Auction
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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.
Housing Starts Up in July
However, the increase in housing starts did not spark much enthusiasm among industry experts. Continue Reading Housing Starts Up in July
Plymouth Industrial REIT Receives Unsolicited Takeover Bid from Sixth Street Partners
In a press statement, Plymouth said its board of directors “will carefully evaluate the proposal to determine the course of action it believes is in the best interests of all Plymouth shareholders.” Continue Reading Plymouth Industrial REIT Receives Unsolicited Takeover Bid from Sixth Street Partners
New Report Names America’s ‘Most Fun State’
West Virginia ranked last among the 50 states. Continue Reading New Report Names America’s ‘Most Fun State’
New Bill Would Quadruple Property Taxes on Baltimore’s Vacant Lots
“We’re not using this as a revenue generator,” Councilwoman Odette Ramos said. Continue Reading New Bill Would Quadruple Property Taxes on Baltimore’s Vacant Lots
RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services
Lombardo was previously chief operating officer at Guaranteed Rate Affinity. Continue Reading RE/MAX Holdings Recruits Vic Lombardo as President of Mortgage Services
Geraldine Hayhurst Joins Farmer Mac as Chief Legal Officer
Hayhurst was most recently associate general counsel for corporate and compliance at CoStar Group Inc. Continue Reading Geraldine Hayhurst Joins Farmer Mac as Chief Legal Officer
34% Property Tax Hike in Utah: Is Your City Next?
Unless citizens demand fiscal discipline and accountability, more communities across America will face the same painful reality. Continue Reading 34% Property Tax Hike in Utah: Is Your City Next?
HUD Initiates English-Only Policy for Department Services
The policy aligns with President Trump’s executive order in March that makes English the nation’s official language. Continue Reading HUD Initiates English-Only Policy for Department Services
Report: Residential Building Worker Wage Growth Slowed in Q2
Average hourly earnings for residential building workers rose to $39.35 in June, up 3.5% increase from the $38.02 level recorded one year ago. Continue Reading Report: Residential Building Worker Wage Growth Slowed in Q2
Prince and Princess of Wales Moving to New ‘Forever Home’
The relocation will be funded privately, and the royal couple will pay market rent on the property. Continue Reading Prince and Princess of Wales Moving to New ‘Forever Home’
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