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Judge Denies Trump Request to Delay Penalty Payment

Judge Denies Trump Request to Delay Penalty Payment

by Phil Hall | Feb 23, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The New York judge who ordered former President Donald Trump to pay more than $354 million plus interest in his recent civil fraud trial has refused to allow a delay in the judgment’s enforcement. TheHill.com reported Judge Arthur Engoron rejected a request by the...
NY Attorney General Vows to Seize Trump’s Real Estate Assets if He Doesn’t Pay His Trial Fines

NY Attorney General Vows to Seize Trump’s Real Estate Assets if He Doesn’t Pay His Trial Fines

by Phil Hall | Feb 21, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

New York Attorney General Letitia James has threatened to seize the commercial real estate assets of former President Donald Trump if he fails to pay the fines levied against him in his civil fraud trial. James, a Democrat, told ABC News she is prepared to take...
Judge Enacts $364 Million Verdict Against Trump in Real Estate Fraud Case

Judge Enacts $364 Million Verdict Against Trump in Real Estate Fraud Case

by Phil Hall | Feb 16, 2024 | Commercial Real Estate News, Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Former President Donald Trump has been ordered by a New York judge in his civil fraud trial to pay nearly $364 million in damages for exaggerating the valuation of his real estate holdings in order to get favorable lending terms between 2011 and 2021. Judge Arthur...
CFPB Settles Enforcement Suit Filed 10 Years Ago

CFPB Settles Enforcement Suit Filed 10 Years Ago

by Phil Hall | Feb 8, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has announced a $12 million settlement that resolves an enforcement suit brought 10 years ago against a foreclosure relief operation that the agency identified as a scam. In May 2014, the CFPB filed a complaint against...

Survey Finds Rampant Fraud in Rental Housing Applications

by Phil Hall | Feb 5, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey of rental housing providers conducted by the National Multifamily Housing Council (NMHC) found that nearly all respondents (93.3%) have been on the receiving end of fraudulent applications over the last 12 months. The NMHC survey found 84.3% of...
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