National Retail Properties Inc., a real estate investment trust based in Orlando, Fla., has priced a public offering of $250 million of senior unsecured notes due Oct. 15, 2017, at 99.649.The notes will yield 6.922%, the REIT said. Banc of America Securities LLC and Wachovia Securities are the joint book-running managers of the offering. National Retail Properties can be found online at http://www.nnnreit.com.
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The latest rate increases contributed to a 1% drop in purchases from the previous week and 15% annually, according to the Mortgage Bankers Association.
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The top five producers had an average dollar volume of VA and USDA loans of more than $35 million in 2023.
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While income decreased from the fourth quarter, it accelerated on an annual basis across NVR's building and lending units.
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Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
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Prevention through new building standards and mapping technology aim to keep home insurance rates down but mortgage bankers see challenges.
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The mortgage lender and servicer announced that Ranjit Bhattacharjee, a capital markets veteran, and Kevin Barker, a financial analyst with two decades of experience, have joined its ranks.
April 23