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Seer Capital Management is getting more bullish on U.S. commercial real estate. The $2.1 billion hedge fund firm, started by ex-Deutsche Bank AG executive Phillip Weingord, is planning a fund dedicated solely to buying the riskiest pieces of bonds backed by commercial properties, according to a presentation, a copy of which was obtained by Bloomberg News.
December 19 -
Home sales dropped 5.2% in November compared to a year earlier, according to data published Thursday by Re/Max.
December 19 -
Sen. Barbara Boxer, D-Calif., along with 17 other Democratic senators, is urging Department of Housing and Urban Development officials to consider a reduction in FHA mortgage insurance premiums.
December 18 -
Yields on government-backed mortgage securities narrowed to the least relative to benchmark debt in more than two years, cushioning the blow of a slump in Treasuries for homebuyers.
December 18 -
The expiration of the Terrorism Risk Insurance Assistance program on Dec. 31 will have "repercussions" for the economy, according to Fitch Ratings.
December 18 -
Commercial and residential secondary-market platforms are under pressure to shift from loss-leader strategies to profitability as they enter their second year in a sector that's now more established and competitive.
December 18 -
Optical character recognition replaces a manual, error-prone process, but requires regularly testing and monitoring to get the most out of the technology.
December 18
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The government conservatorship of Fannie Mae and Freddie Mac was never meant to authorize lasting control over the housing sector, according to one of the people who advised Congress on the Housing and Economic Recovery Act.
December 18
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Spectrum Equity has made an investment for ExactBid for an undisclosed price.
December 18 -
Mortgage rates declined, keeping borrowing costs at the lowest levels since May 2013.
December 18




