President Donald Trump's former campaign chair was just found guilty of tax and bank fraud. A jury in Alexandria, Virginia, found former Trump presidential campaign chair Paul Manafort guilty on eight charges of tax and bank fraud. The jury, which was deliberating 18 total charges, was unable to reach a consensus on 10 of the counts. Click the headline for the full story.
Home » Rebuilding Together receives $93,000 in donations at REO Expo
Rebuilding Together receives $93,000 in donations at REO Expo
Rebuilding Together, a nonprofit that revitalizes communities by repairing homes for elderly and distressed borrowers, took home more than $93,000 in auction proceeds and donations from HousingWire's REO Expo this week.
HousingWire gave the nonprofit $83,605, donating 5% of all Expo registration receipts along with monies collected during the Rebuilding Together silent auction.
PowerREO, a unit of American Home Mortgage Servicing Inc., also donated $10,000.
"Our goal at REO Expo this year was to focus on the local impact of distressed real estate, because all real estate is by definition local," said HousingWire CEO and Publisher Paul Jackson. "Rebuilding Together has done phenomenal work revitalizing some of the nation's hardest hit neighborhoods, providing free home modifications and repairs to homeowners committed to keeping their piece of the American Dream. I'm proud that our attendees and corporate partners all contributed to support such a worthy cause."
To learn more about Rebuilding Together, see HousingWire's video news report on the charity below.
Kerri Ann Panchuk was the Online Editor of HousingWire.com, and regular contributor to HousingWire magazine. Kerri joined HousingWire as a Reporter in early 2011 and since earned a law degree from Southern Methodist University. She previously worked at the Dallas Business Journal.
Eight years after we began recognizing women for their influential work in the expanding housing and mortgage finance ecosystem, a traditionally male-dominated field, our Women of Influence list is bigger and better than ever! This year, we honor 85 women who are making lasting achievements in each sector of the housing economy. Read on to learn more about these accomplished women and the strides they are making in their industry segments.
The financial world at large is experimenting with changing its workforce culture in ways not fathomable 10 years ago. For example, in 2011, the dress code for female workers at UBS came to light with unflattering results. In it, the Swiss bank instructed female employees on not just how to dress and how to smell, but also preached the importance for ladies to apply lotion after taking showers. Fast forward to today and fellow Swiss bank, Credit Suisse has now created an official role to boost equal opportunities and create a fair treatment environment. Has the American mortgage industry made similar progress?
The conversation around student loan debt and its economic impact on Millennials, those born from 1980 to 1998, has some questioning whether the future of the American Dream is in jeopardy. The nation’s student loan debt has soared to $1.4 trillion, surpassing credit cards in becoming the largest source of personal debt outside a mortgage.