Former DC Housing Official Cops to  Million Mortgage Scheme

Former DC Housing Official Cops to $15 Million Mortgage Scheme

A former D.C. housing official pleaded guilty Thursday in a scheme to invent a fake federal housing program for veterans in order to defraud mortgage lenders of $15 million. Richard Cunningham, 55,... Read more »
Amoroso, Arselle Make Joint Venture Official

Amoroso, Arselle Make Joint Venture Official

Arselle Investments and Amoroso Companies are making their partnership official after a string of joint deals last year.  The Los Angeles- and Calabasas-based firms announced the formation of a new multifamily platform... Read more »
Side seeks .2M from Alexander brothers, Official Partners

Side seeks $4.2M from Alexander brothers, Official Partners

White-label brokerage Side is seeking more than $4 million from the Alexander brothers and the brokerage Official Partners. According to an amended complaint filed this week, Side alleges that Official Partners and... Read more »
Former LA Official Raymond Chan Gets 12 Years in Prison

Former LA Official Raymond Chan Gets 12 Years in Prison

Former Los Angeles Deputy Mayor Raymond Chan was sentenced on Friday to 12 years in federal prison for aiding a bribery scheme involving developers led by former Councilman José Huizar. The former... Read more »
Melissa Tucci, Official Realtor of the Padres

Melissa Tucci, Official Realtor of the Padres

Real Estate Agent Magazine had the opportunity to sit down with Melissa Tucci, a San Diego Realtor and Broker, who is the only official realtor of the San Diego Padres. REAM: What... Read more »
California Insurance Official Takes Heat on Proposed Reforms

California Insurance Official Takes Heat on Proposed Reforms

California Insurance Commissioner Ricardo Lara is in the hot seat. Just before the public official outlined reforms to stave off an exodus of insurance companies from the state, homeowners and consumer advocates... Read more »
Jared Schwadron leaves Official Partners for Compass

Jared Schwadron leaves Official Partners for Compass

A top luxury agent in New York City has left Official Partners. Compass announced the hiring of Jared Schwadron this week, poaching him from the troubled brokerage founded by Tal and Oren... Read more »
Senior FDIC official to lead Conference of State Bank Supervisors

Senior FDIC official to lead Conference of State Bank Supervisors

The Conference of State Bank Supervisors’ (CSBS) board of directors appointed Brandon Milhorn – current deputy to Federal Deposit Insurance Corporation (FDIC) vice chairman Travis Hill – as its incoming president and... Read more »