Gregory T. Mutz, chairman of AMLI Residential Properties Trust, Chicago, will resume the position of chief executive officer of the real estate investment trust, AMLI has announced.Mr. Mutz co-founded AMLI's predecessor company more than 20 years ago and served as its CEO from its initial public offering in 1994 to 1998, the REIT said. He joined UICI, a financial services company, in 1998 and served as its president and CEO until last year. Allan J. Sweet, who has been co-CEO of AMLI with Philip N. Tague, will continue as AMLI's president. Mr. Tague will continue as the company's executive vice president and chairman of AMLI Residential Construction. The REIT can be found online at http://www.amli.com.
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Fannie Mae and Freddie Mac's portfolios were collectively $10 billion larger than in January, spurred in part by their mortgage-backed securities directive.
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Employers who use Nayya's agentic AI platform can provide Foyer, a dedicated 401(k) for homeownership, as a benefit that helps its employees buy a home.
March 27 -
The latest rise in property tax collections at the end of last year continued a nine-quarter streak of increases, according to the National Association of Home Builders.
March 27 -
Lowering minimum standards and using a 2018 proposal as a basis for change may be the quickest path, according to Donald Layton, Freddie Mac's CEO from 2012 to 2019.
March 27 -
The real estate investment trust declared an all-cash offer of $10.80 per share from CrossCountry superior to the fixed stock exchange ratio bid from UWM.
March 27 -
In three separate appearances Thursday, Fed Gov. Lisa Cook, Gov. Michael Barr and Vice Chair Philip Jefferson said they are worried that U.S. involvement in the war with Iran could drive up inflation, leading them to conclude that interest rates should remain steady in the near term.
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