First American Real Estate Solutions has entered into a strategic alliance with, and purchased a 38% interest in, Australia/New Zealand property information provider RP Data Ltd. "Through this relationship, RP Data will be among the first companies to introduce automated valuation models in Australia and New Zealand," said George Livermore, president of FARES' corporate parent, The First American Corp. The First American Corp. can be found online at http://www.firstam.com, FARES can be found on the Web at http://www.firstamres.com and RP Data can be found online at http://www.rpdata.com.au.
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CrossCountry increased its agreed-to offer for the real estate investment trust by 50 cents per share, as UWM Holdings made an unsolicited bid on April 20.
April 28 -
The former Wall Street player blamed its decline on rising interest rates, trouble at its lending subsidiary, and debt stemming from the Great Financial Crisis.
April 28 -
The Federal Open Market Committee's April meeting — likely Federal Reserve Chair Jerome Powell's last — is unanimously expected to keep interest rates steady, but questions about energy, inflation and the upcoming transition in leadership still loom.
April 28 -
Jonathan Corr, the former CEO of Ellie Mae, is one of six new members of MeridianLink's board, added following its acquisition by Centerbridge Partners.
April 28 -
Newrez expects significant expense reductions from AI partnerships with HomeVision and Valon, as executives rule out mergers and a Rithm spinoff amid strong Q1 earnings.
April 28 -
More than half of the major metropolitan markets in the United States posted year-over-year price declines in February, according to a new report.
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