RBC Capital Markets, New York, has announced the hiring of four analysts from Cleveland-based KeyBanc as equity research analysts in the real estate investment trust sector.Rich Moore, a past winner of the Wall Street Journal's "Best on the Street" All-Star Analyst Award, has been named a managing director of the RBC REIT research team. He headed a six-member group of REIT researchers at KeyBanc. Mike Salinski and Sri Nagarajan have been named vice presidents, and David Rodgers has been named a director. Mr. Moore will oversee coverage of retail and mortgage REITs, Mr. Rodgers will cover the residential segment, Mr. Nagarajan will handle office and industrial REITs, and Mr. Salinski will cover the hotel, health care, triple-net-lease, and storage segments, the company said. Mr. Nagarajan will be based in New York, and the other three analysts will be located in Cleveland. RBC Capital, the corporate and investment banking arm of RBC Financial Group, can be found online at http://www.rbccm.com.
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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.
April 25 -
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 -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
April 25 -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
April 25 -
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.
April 25 -
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.
April 25