The American Stock Exchange has launched trading in options on Crescent Real Estate Equities Co., a Fort Worth, Texas-based real estate investment trust.The options opened with position limits of 3.15 million shares and will trade on a January expiration cycle, Amex said. The specialist will be Stuyvesant Trading Group. Amex can be found online at http://www.amex.com.
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
