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Stephen Scherr starts this week as co-president at Pretium, a major landlord of U.S. single-family homes founded by his former Goldman colleague Don Mullen.
October 7
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Deer Park has launched its first mortgage fund targeting discounted office debt following a period of elevated interest rates that has hammered valuations.
October 7
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Jay Venkateswaran, business unit head of banking and financial services at WNS Global Services, said the best lenders are preparing now for expectations of increased business at least two quarters in the future.
October 7
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The top five cities have an average rate of housing units that were owner-occupied in 2022 of 70.32%.
October 7
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Most of the investment community overall showed more favorable sentiment toward one presidential candidate than the other, but a subset of it begs to differ.
October 4
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National issues such as the economy are prominent. But so are local concerns like a $10,000 limit on deductions for state and local taxes and high housing costs.
October 4
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The incidence of at least four flood insurance payouts totaling $20,000-plus, or at least two totaling more than the building's market value, is growing.
October 4
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Stronger than expected numbers for overall U.S. employment additions have diminished lender hopes for steeper rate drops, and industry hiring has been tepid.
October 4
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Companies announced new product rollouts and capital raises last month, but some are also facing lawsuits as the industry encounters heightened attention to the lack of consumer protections.
October 4
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Chief capital markets officer William Chang is stepping down "to explore new opportunities within the mortgage banking sector."
October 3
