Holliday Fenoglio Fowler LP, a Los Angeles-based commercial real estate capital intermediary, has announced the formation of HFF Securities LP.The parent company said HFF Securities will be integrated with HFF's intermediary business and will be led by a management team composed of Dan Cashdan, Susan Barlow, Tom Mizo, and Doug Bond, all located in Los Angeles. HFF said the affiliate will "access project, entity-level, and programmatic capital" for real estate operating companies and real estate investment trusts from pension funds and their advisers; raise capital for commingled real estate funds; and advise real estate companies and institutional investors regarding transactions that require a licensed broker-dealer.
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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.
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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.
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Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
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Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
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Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
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Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
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