Entertainer-businessman Merv Griffin has announced the formation of a real estate investment banking firm that will structure joint ventures and raise capital for owners and developers.Griffin & Co. LLC, Beverly Hills, Calif., will be headed by Lawrence Cohen, the president and chief executive officer of The Griffin Group, another Griffin company. His title at the new company will be managing director/CEO. In addition, Randall Zisler, formerly a partner in Jones Lang LaSalle, has been hired as managing director/chief investment officer of the new company. Mr. Griffin, the creator of "Wheel of Fortune" and "Jeopardy!", will be the "hands-on chairman" of the new enterprise.
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Elevated delinquency levels have not affected expected losses, however, due to home price appreciation, Fitch Ratings said.
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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.
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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.
April 25