Standard & Poor's has announced several changes to its S&P 500, S&P 100, and S&P REIT Composite indices.Mortgage lender Golden West Financial Corp. will be replaced by Smith International Inc. in the S&P 500 because Golden West is being acquired by Wachovia Corp., S&P reported. Meanwhile, Wachovia will replace Unisys Corp. in the S&P 100. Both changes will take effect after the close of trading on Sept. 29. Two real estate investment trusts, Spirit Finance Corp. and Host Hotels & Resorts Inc., will be listed on the S&P REIT Composite Index in early October. Spirit will replace Heritage Property Investment Trust Inc. after the close of trading on Oct. 3 because Heritage is being acquired by Centro Properties Group, S&P said. Host Hotels will replace Trizec Properties Inc. after the close of trading on Oct. 5 because Trizec is being acquired by the Blackstone Group and Brookfield Properties Corp. S&P can be found online at http://www.standardandpoors.com.
-
The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
11h ago -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
February 6 -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




