Catellus Development Corp. will replace Keystone Property Trust in the S&P REIT Composite Index after the close of trading July 30, Standard & Poor's has announced.S&P said the reason for the change is that Keystone is being acquired by ProLogis and Eaton Vance. Catellus is a San Francisco-based real estate investment trust that manages, acquires, and develops predominantly industrial property. S&P can be found online at http://www.standardandpoors.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.
