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Former NASA Employee and Husband Charged in Mortgage Fraud Scheme

Former NASA Employee and Husband Charged in Mortgage Fraud Scheme

by Phil Hall | Dec 27, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A former NASA employee and her husband were indicted by a federal court in Texas for coordinating a fraudulent financing and refinancing mortgage loan scheme. According to the charges brought against them, Noreen Khan was still working at NASA when she and her...
Second Texas Lawsuit Filed Over Broker Commissions

Second Texas Lawsuit Filed Over Broker Commissions

by Phil Hall | Dec 26, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

For the second time in a month, a lawsuit has been filed in Texas claiming the state’s real estate industry is engaged in a “conspiracy” related to broker commissions. The new putative class action lawsuit – Martin, et al., v. Texas Association of Realtors, Inc., et...
CFPB and DOJ Sue Texas Developer Colony Ridge, Alleging Illegal Land Sales

CFPB and DOJ Sue Texas Developer Colony Ridge, Alleging Illegal Land Sales

by Phil Hall | Dec 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) and the U.S. Department of Justice (DOJ) have filed a lawsuit against the Texas-based developer and lender Colony Ridge, accusing the company of operating an illegal land sales scheme targeting tens of thousands of...
Construction Starts on New Affordable Housing Community in San Antonio

Construction Starts on New Affordable Housing Community in San Antonio

by Phil Hall | Dec 15, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The NRP Group, a developer and owner/manager of multifamily housing, has partnered with the nonprofit Community Housing Resource Partners and the City of San Antonio to launch the construction of Nova Lofts, a 65-unit community on the city’s Northeast side. Nova Lofts...
Chris Hipps Named Texas Managing Principal for Cushman & Wakefield

Chris Hipps Named Texas Managing Principal for Cushman & Wakefield

by Phil Hall | Dec 8, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Cushman & Wakefield (NYSE:CW) appointed Chris Hipps as Texas managing principal. Hipps will start on Jan. 2 and will be based in Dallas. He will be responsible for leading Cushman & Wakefield’s advisory professionals across Texas as the firm further expands in...
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