Kite Realty Group Trust, Indianapolis, has promoted John A. Kite, its current president and chief executive, to chairman and CEO. Alvin E. Kite Jr., the current chairman, has been given the title of chairman emeritus. Thomas K. McGowan, previously senior executive vice president and chief operating officer, has been promoted to president and COO. Alvin Kite founded the REIT and has served as chairman since August 2004, when the company first went public.
HUD said its Office of Fair Housing and Equal Opportunity has reduced a Biden administration case backlog by 27% and accelerated investigations.
Bill Greenberg and Mat Ishbia held a video chat on June 11. The companies disputed the outcome, but in the end, UWM did not make a new proposal for Two Harbors.
Third-party originators support tightening some standards but say greater flexibility and coordination could help the market avoid disruption.
But moderating price growth and friendly building policies in many markets hint at emerging affordability for aspiring buyers, Zillow said.
On a year-over-year comparison, title underwriters produced 15% more premiums in the first quarter, as mortgage rates briefly fell under 6% in February.
The government-sponsored enterprise has provided language that servicers may utilize in situations involving temporary interest-rate buydowns.
