Investments

BentleyForbes once owned such renowned properties as the Watergate in Washington and Bank of America Plaza, Atlanta's tallest skyscraper. Now the company is on the verge of vanishing.

MFA Financial has carved out an impressive niche for itself by buying reperforming and nonperforming residential mortgages and securities.

New York's financial regulator has issued subpoenas to two companies with ties to Apollo Global Management as part of an inquiry into housing transactions for low-income buyers.

The government-sponsored enterprises' risk-sharing deals are being hailed as an innovative approach for Fannie Mae and Freddie Mac to offload credit exposure to private markets. But their growing popularity is raising questions about how these transactions should be reported in financial statements.

Redwood Trust is broadening what kinds of prime jumbo mortgages it will accept and its appetite for non-qualified mortgages.

Redwood Trust posted lower profits for the first quarter of 2016 as a result of falling interest income and the impact of lower interest rates.

Blackstone Group, with real estate assets that have surpassed $100 billion, is considering tapping individual investors as it expands its push into owning high-quality buildings with steady income streams.

Lawyers for investors in Fannie Mae and Freddie Mac asked a federal appeals court to at least revive their claims that the U.S. stripped the companies of billions of dollars of profits, depriving shareholders of dividends, if not to go further and rule the transfer of profits to the government was unlawful.

The U.S. government's 2012 decision to take all the profits from Fannie Mae and Freddie Mac will get a federal appellate review Friday when investors argue the appropriation was illegal.

Fannie Mae and Freddie Mac surged to four-month highs on speculation lawsuits involving the mortgage giants have progressed in a way that favors shareholders.