Canada's commercial real estate markets continued to outperform those in the United States in the first quarter, Moody's Investors Service has reported.Moody's, which assigns numerical scores to the Canadian CRE markets that support commercial mortgage-backed securities twice a year, said the composite scores for all property types in Canada were "better than, or at least on par with, those of their American counterparts." Moody's can be found online at http://www.moodys.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.
