Orlando, Fla.-based eMax Corp., an entertainment holding company, has announced the formation of a new subsidiary, Emax Realty Group, that will focus on acquiring and developing real estate.The parent company said Emax Realty is poised to become a publicly traded real estate investment trust that will serve as eMax's development and real estate partner. "The company is currently looking at developing several unique residential and commercial mixed-unit communities in Florida, Tennessee, and Montreal, Canada," eMax said. The company can be found online at http://www.emaxcorp.com.
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Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
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The HomeSafe Second product is now available in more than one third of all states, according to the reverse mortgage specialist.
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The Department of Housing and Urban Development agreed to do more to manage due-and-payable obligations contingent on the availability of certain resources.
July 7 -
The ex-housing official is returning to a previous employer with the aim of helping guide the firm through an evolving landscape in federal policy.
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A $160 million deal to merge Hometown Financial Group subsidiaries and Primary Bank will lead to consolidation under a single brand name of TruNorth.
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The Aspire business reported $2.1 billion of lock volume, up 32% from the first quarter, but total production at the REIT fell to $8 billion from $8.5 billion.
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