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The proposal would bring companies cited for civil enforcement actions under its scope to bar them from doing business with the government-sponsored enterprises.
July 7 -
Churchill Funding is accusing Easy Financial of reneging on a master purchase agreement both companies signed in 2020.
July 6 -
The new review requirements are set to go into effect in mid-September and will replace temporary guidance put in place following a 2021 building collapse.
July 5 -
This agreement comes approximately one month after the REIT agreed to buy Arlington Asset Investment.
July 5 -
High vacancy rates in U.S. office markets and the impact of rising interest rates on property values in Europe have prompted a brutal selloff in publicly traded real estate stocks and bonds.
July 5 -
A vast majority of the pool, 86.35%, consists of primary homes. Investment properties and secondary homes, meanwhile, account for 11.29% and 2.36% of the collateral.
July 3 -
The properties have a purchase price of $684.8 million, and an issuer cost basis of $744.4 million, a debt yield of 7.0%, and a debt service coverage ratio of 1.44x.
June 29 -
A subsidiary pushed its tender offer to buy outstanding shares by June 27 further out after a small percentage of stockholders failed to accept by the original expiration date.
June 28 -
Nonbanks in home lending rely heavily on this type of funding and are carefully watching rules for depositories that offer it as the industry consolidates.
June 27 -
Over one-third of the struggling borrowers who received recast loan terms in the first quarter cut their monthly obligation by 20% or more.
June 26