Debbie Ferruzzi has been promoted to executive vice president for corporate strategy at Equity Office Properties Trust, a Chicago-based real estate investment trust.Ms. Ferruzzi, 45, has more than 23 years of commercial real estate experience. She was most recently senior vice president for corporate strategy. She joined Equity Office in 1998 as executive adviser to the chief executive officer. Before that, she was senior vice president in the Capital Markets Group for Equity Group Investments. Equity Office can be found online at http://www.equityoffice.com.
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The lender won its motion for summary judgment just about two months after the court denied a plaintiff's attempt to certify a class of over 50,000 consumers.
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While delinquencies eased overall quarter to quarter, they trended upward on a yearly basis across all loan types, the Mortgage Bankers Association said.
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The seller surplus was a result of sluggish demand as opposed to increased supply. The 30-year fixed-rate mortgage rose every week in July to 6.66%.
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More than a third of listings are below their original ask, with entry-level homes seeing frequent cuts in several metros, Movoto data shows.
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For the first time in six weeks, the 30-year fixed rate mortgage dropped, with observers expecting a steady but challenging housing market for the rest of 2026.
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The fintech posted its strongest quarter since going public last year and reported major consumer loan marketplace volume approaching $4.3 billion.
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