The Pacific Exchange has announced the initiation of trading in options on General Growth Properties Inc., a Chicago-based real estate investment trust.The options will trade on the January expiration cycle, with limits set at 22,500 contracts. The issue will be traded by lead market makers Steven D. Juno and Ethan Dorr of Cutler Group. The exchange can be found on the Web at http://www.pacificex.com.
New notices pointed out how large learning models could lead real estate businesses to unintentionally violate the Fair Housing Act in a marketing campaign.
The industry hasn't been sure how much of a lift they'd get this spring but a broader slowdown in hiring may help to lower financing costs.
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Rocket Cos. reported an increase in gain-on-sale margin but warned that going forward it is likely to slip back to levels seen in the second half of last year.
The 2022 vintage had a higher percentage of purchase mortgages, as well as 30-year fixed-rate loans versus the 2021 production, an annual Federal Housing Finance Agency report said.
