Secondary

His successor, Jose Ramon Gonzalez, has served on the board of directors since 2004 and he joined the management team on Tuesday as the executive vice president.

The $350 million in proposed senior unsecured notes due 2021 currently have a 50% to 70% chance of recovery in a default for those reasons.

Freddie Mac conducted its first bulk sale to test the market for seasoned multifamily loans and discovered strong investor interest.

Morgan Stanley and Bank of America priced $1.27 billion of commercial mortgage-backed securities.

Over the next 12 months, Northview Hotel Group plans to execute an extensive renovation of the Queen & Crescent hotel in order to maximize the value of the property.

The volume of appraisals being completed within the last year has slowed down due to new regulation that has been imposed for the industry.

Housing Finance Agencies in the U.S. have the highest ratings ever and are maintaining strong financial ratios, according to Standard & Poor's.

Fannie Mae and Freddie Mac should “at least marginally reduce loan limits” to reduce the government’s dominance of the mortgage market.

If there’s one point of consensus when it comes to recent reform’s effect on Home Equity Conversion Mortgages and the securitized market for them, it is that they will be in shorter supply going forward.

A quarter-to-quarter decline is due to higher mortgage rates and seasonal factors.