F. Scott Kellman has been named senior vice president for business development at Health Care Property Investors Inc., a real estate investment trust based in Long Beach, Calif.The REIT said the appointment is effective June 1. Mr. Kellman is currently treasurer and senior vice president for corporate finance and real estate at Tenet Healthcare Corp., a for-profit operator of acute care hospitals. He was previously chief operating officer of Omega Healthcare Investors Inc., a health care REIT. Before that, he founded a health care REIT that merged with Omega. Health Care Property Investors can be found online at http://www.hcpi.com.
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The founder who was recently ousted as CEO said he wants to return the company to its positive trajectory, after last week's shakeup battered its stock price.
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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.
August 13 -
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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