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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...
Vought Aide Nominated to Run CFPB
Stuart Levenbach, an associate director in the Office of Management and Budget (OMB), has been nominated by the White House to become the next director of the Consumer Financial Protection Bureau (CFPB). The agency’s leadership position has been vacant since the start...
NAR Supports Texas Sen. Cornyn’s Re-Election Bid
The Realtors Political Action Committee (RPAC), the political arm of the National Association of Realtors (NAR) has endorsed Sen. John Cornyn (R-TX) for re-election in 2026. According to the Odessa American, RPAC’s endorsement came at the recommendation of the...
Gov. DeSantis: ‘Age-Specific Property Tax Relief is a Non-Starter’
Florida Gov. Ron DeSantis has pledged to veto any proposed legislation that limits property tax relief to seniors only. In a posting on X, DeSantis responded to an article that advocated having millennials and Gen Zers to shoulder the burden of property taxes while...
NEWS & CURRENT EVENTS
Jamie Dimon: JPMorgan Chase Not Involved in White House Ballroom Project
“We have to be very careful about how anything is perceived,” Dimon said. Continue Reading Jamie Dimon: JPMorgan Chase Not Involved in White House Ballroom Project
Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Berkshire Hathaway added that Buffett “has rarely commented publicly since Berkshire’s shareholder’s meeting last May.” Continue Reading Berkshire Hathaway Warns of Fake Warren Buffett Videos on YouTube
Report: More Californians Can Afford to Buy a Home
The statewide median price of existing single-family homes in California fell by 2% from the second quarter to the third quarter. Continue Reading Report: More Californians Can Afford to Buy a Home
Multifamily Developer Confidence Rises in Q3
But confidence levels are still in negative territory. Continue Reading Multifamily Developer Confidence Rises in Q3
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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.
FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’
The advertisement touts President Trump as a leader “who stands by us and the basic principle that all Americans deserve to dream and dream big.” Continue Reading FHFA’s Pulte Debuts New Ad for ‘Great American Mortgage Corporation’
California Home Sales and Prices Declined in July
Total active listings were up 37.7% from one year earlier, reaching a 69-month high. Continue Reading California Home Sales and Prices Declined in July
Canadian Housing Starts Up by 4%
Montreal posted a 212% year-over-year increase in actual housing starts, which was attributed to a high level of multi-unit starts. Continue Reading Canadian Housing Starts Up by 4%
USDA to Cease Funding Solar and Wind Power Installations on Farmland
Solar and wind projects are no longer eligible for the Rural Development Business and Industry Guaranteed Loan Program. Continue Reading USDA to Cease Funding Solar and Wind Power Installations on Farmland
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
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