Nationwide Health Properties Inc., a real estate investment trust based in Newport Beach, Calif., has priced $300 million of 6.25% notes due Feb. 1, 2013, at 99.941.NHP said it plans to use the estimated $297 million in net proceeds to repay debt and for general corporate purposes. UBS Securities LLC, J.P. Morgan Securities Inc., and Banc of America Securities LLC were the joint book-running managers of the offering. The REIT can be found on the Web at http://www.nhp-reit.com.
-
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.
33m ago -
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.
48m ago -
While home lenders are seeing a decrease in issues coming through mobile channels, phone fraud spiked last year, accounting for 28% of losses, a new report found.
3h ago -
The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
April 24 -
The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
April 24 -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
April 24