Bob Chapman has been named chief operating officer of Duke Realty Corp., Indianapolis.Mr. Chapman has been Duke's executive vice president of real estate operations since 2003. He joined the company in 1997 as executive vice president of acquisitions, and became regional executive vice president for Duke's Southeast Region in 1999, the company said. Duke can be found on the Web at http://www.dukerealty.com.
The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents.
Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
