Dividend Capital Group, Denver, has announced the formation of Dividend Capital Investments, an investment advisory firm focused on managing public real estate securities.DCI plans a March 16 launch of the Dividend Capital Realty Income Fund, which will invest in securities of real estate investment trusts and other companies chiefly engaged in the real estate industry. The fund will be offered to individual investors through DCI's network of broker-dealer relationships, Dividend Capital said. Russell Platt, DCI's chief investment officer and the former CIO of Morgan Stanley Asset Management's real estate division, will head the fund's investment team.
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Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
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Prevention through new building standards and mapping technology aim to keep home insurance rates down but mortgage bankers see challenges.
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The mortgage lender and servicer announced that Ranjit Bhattacharjee, a capital markets veteran, and Kevin Barker, a financial analyst with two decades of experience, have joined its ranks.
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Because of rising home values, more transactions have proceeds over the federal tax exemption, especially in California, a CoreLogic study found.
April 23 -
Texas Capital Bank wants to bring the Administrative Procedures Act into the case, but Ginnie Mae said the legal proceedings are outside its scope.
April 23 -
Better's home equity loan product can be originated in a week or less, the company says.
April 23