Colin Dyer has been named president and chief executive officer of Jones Lang LaSalle Inc., a real estate services and money management firm based in Chicago and London.Mr. Dyer will assume the titles, and membership on the board of directors, on Sept. 7, the company said. He is currently CEO of Worldwide Retail Exchange, an Internet-based exchange owned by 40 of the world's leading retailers and manufacturers. A British citizen now based in Washington, D.C., Mr. Dyer will operate chiefly out of Jones Lang's Chicago office. The company can be found online at http://www.joneslanglasalle.com.
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Dream Finders Homes made its intentions public in an effort to push for shareholder approval following Beazer's rejection of two prior offers.
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Market watchers say that the economy as a whole is holding up under higher energy prices and do not expect a recession. Even so, observers are watching financial markets and consumer spending for signs that inflation expectations are taking hold.
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Prices rose 0.32% last month on a seasonally adjusted basis, equal to a 3.9% annualized rate, according to ICE Mortgage Technology's mortgage monitor report.
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Two other nonbank mortgage firms also recently got in position to raise capital while NVR, a builder and lender, added new authorization for share repurchases.
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While those electing cash could receive $12.50 per share, UWM's all-stock alternative remains unchanged from the company's initial agreement for Two Harbors.
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The changes put out by Fannie Mae and Freddie Mac make it clear the Nov. 2 date applies to valuation submissions to the UDCP, not when the loan is delivered.
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