Regency Centers, a real estate investment trust based in Jacksonville, Fla., has been named the "Bull of the Day" for May 9 by Zacks Equity Research, Chicago.Zacks said Regency had "an excellent quarter" and pointed to rising rental rates and retail demand. The REIT "has a strong development pipeline with very attractive initial yields, currently projected at above 9%," Zacks said. The research firm said it expects consumer spending to remain strong throughout the year, "especially in the core, high-income markets where [Regency] operates." The companies can be found online at http://www.zacks.com and http://www.regencyrealty.com.
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Elevated delinquency levels have not affected expected losses, however, due to home price appreciation, Fitch Ratings said.
April 26 -
Retail lenders, including Beeline, Tomo Mortgage and Rocket Mortgage, settled with the department over infractions like submitting a false certification to not having the proper liquidity to be in the program.
April 26 -
A pair of bills, one with bipartisan support, look to address the issues around heirs' property so these families can have clear title on their homes.
April 26 -
The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents.
April 26 -
Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25