Camden Property Trust, a Houston-based real estate investment trust, has priced a $300 million offering of 5.7% senior unsecured notes at 99.65.The multifamily REIT said it will use the net proceeds of approximately $297 million to reduce the balance under its unsecured credit facility. The joint book-running managers of the 10-year note offering were Banc of America Securities LLC and J.P. Morgan Securities Inc. Camden can be found on the Web at http://www.camdenliving.com.
The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
