Washington Real Estate Investment Trust, Rockville, Md., has announced a public offering of 2 million shares of its common stock.The REIT said it will grant the underwriters an option to buy up to 300,000 additional shares to cover any overallotments. Credit Suisse First Boston is expected to be the sole bookrunner and joint lead manager of the offering, with A. G. Edwards & Sons as the other lead manager. The REIT can be found online at http://www.writ.com.
A Florida appraiser faces decades in prison after taking another's identity and claiming he conducted on-site inspection reports while based abroad.
Mike Kortas is looking to keep loan officers in the loop through the entire mortgage loan customer lifecycle and beyond, with the launch of evoLend.
Private residential construction spending rose 0.3% from April and 1.8% from a year ago to a seasonally adjusted annual rate of $930.2 billion in May.
Artificial intelligence is fueling litigation risks, from consumer lawsuits against servicers, to more repurchase requests, and vulnerabilities through vendors.
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
