Stuart J. Beebe has been named president and chief executive officer of CNL Retirement Properties Inc., a real estate investment trust based in Orlando, Fla.Mr. Beebe, who replaces Thomas J. Hutchison III, was most recently executive vice president of acquisitions and finance at the health care REIT. He was previously chief financial officer of CNL Real Estate Group, and spent 15 years with Lincoln Property Co. as a senior vice president, CNL Retirement said. The health care REIT can be found on the Web at http://www.cnlretirement.com.
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Freedom alleged the executive, who was at the company for nine months, used proprietary data to build his own product he expected to net more than $1 million.
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Despite high rates and the "locked-in" effect, many Gen Z and millennial homeowners want to bring down their monthly mortgage payments
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The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
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Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
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Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
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William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
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