Health Care REIT, a Toledo, Ohio-based real estate investment trust, has priced the sale of $400 million of convertible senior notes due September 2027.The net proceeds will be used to invest in additional health care properties, the REIT said. The joint book-running managers for the offering were UBS Investment Bank and Banc of America Securities LLC. The underwriters have been granted an option to buy up to $60 million in additional notes to cover any overallotments. The REIT can be found on the Web at http://www.hcreit.com.
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Elevated delinquency levels have not affected expected losses, however, due to home price appreciation, Fitch Ratings said.
5h ago -
Retail lenders, including Beeline, Tomo Mortgage and Rocket Mortgage, settled with the department over infractions like submitting a false certification to not having the proper liquidity to be in the program.
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A pair of bills, one with bipartisan support, look to address the issues around heirs' property so these families can have clear title on their homes.
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The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents.
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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.
April 25 -
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.
April 25