Douglas Krupp has been named chairman of the board of Berkshire Income Realty Inc., a Boston-based real estate investment trust, to succeed his brother George Krupp, who has resigned.The multifamily REIT said George Krupp resigned to "concentrate on other business strategies that will strengthen Berkshire Property Advisors LLC," an adviser to the REIT. Douglass Krupp was chairman of Berkshire Realty Co., a REIT, from 1996 to 1999 and chairman of Harborside Healthcare Corp. from 1996 to 1998. Berkshire can be found on the Web at http://www.berkshire-group.com.
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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
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Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
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Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
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Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
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Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
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Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
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