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Home Equity Ticks Downward for Second Straight Month

by Phil Hall | May 4, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

ATTOM determined the number of equity-rich mortgage-payers dropped on a quarterly basis in 32 of the 50 states. Continue Reading Home Equity Ticks Downward for Second Straight Month

Uh-Oh, Another Bank in Trouble? PacWest Is Exploring ‘Strategic Options’

by Phil Hall | May 4, 2023 | Industry Updates, News/Current Events, WRE News Exclusive

“Recently, the company has been approached by several potential partners and investors,” the bank said. Continue Reading Uh-Oh, Another Bank in Trouble? PacWest Is Exploring ‘Strategic Options’

NYC Rent-Stabilized Units Facing Hikes Up to 7%

by Phil Hall | May 4, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

“A 7% rent increase is clearly beyond what renters can afford,” said Mayor Eric Adams. Continue Reading NYC Rent-Stabilized Units Facing Hikes Up to 7%

Banks Having Second Thoughts Over Japan’s First Casino Development

by Phil Hall | May 4, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Financing is expected to come via a $4.1 billion syndicated loan, the largest of its kind in Japanese history. Continue Reading Banks Having Second Thoughts Over Japan’s First Casino Development

Mat Ishbia Disses Dan Gilbert – The Feud Continues

by Phil Hall | May 3, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two highly competitive Michigan titans of mortgage banking who also happen to own rival professional basketball teams have zero fondness for each other – and one of the duo just took a smack at the other today in a sports podcast. Mat Ishbia does double duty is...