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Attorney charged in multi-million dollar real estate fraud granted bail

KINGSTON, Jamaica —Mark Gordon, the attorney charged in connection with a multi-million dollar real estate fraud, was granted bail in the sum of $400,000 when he appeared in the criminal division of the Kingston and St Andrew Parish Court on Tuesday. Gordon is scheduled to return to court on June 2 when outstanding bank statements and a missing document report are expected to be presented to the court. He faces…

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The Real Brokerage Earnings: What To Look For From REAX

Real estate technology company The Real Brokerage (NASDAQ:REAX) will be reporting earnings tomorrow before the bell. Here’s what to expect. The Real Brokerage beat analysts’ revenue expectations by 7.4% last quarter, reporting revenues of $372.5 million, up 73.5% year on year. It was an incredible quarter for the company, with a solid beat of analy…

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Exclusive: Fannie Mae’s blacklist of real estate players revealed

Fannie Mae blacklisted eight real estate players whose outstanding loan balance with the agency was about $700 million as of March 2024, according to internal documents obtained by The Real Deal. While some of those blacklisted have already pleaded guilty for their role in mortgage fraud schemes, the documents — multiple emails — reveal several new […]