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The company’s introduction of other strategic initiatives, including a new technology partnership, will lead to the elimination of 17% of current staff.
July 11 -
The bank's noninterest expenses fell by 8% in the second quarter — a sign that CEO Charlie Scharf is making progress in reining in spending that had been soaring in recent years amid heightened regulatory scrutiny. He ultimately hopes to reduce gross expenditures by $8 billion annually.
July 14 -
The real estate technology company had a $498 million valuation, according to PitchBook, but it could get a sizable premium to that if it were to go public.
June 15 -
Many put aside their own financial planning during the boom year of 2020 and some, as independent contractors, have no retirement savings at all. Here’s why they shouldn’t rely on selling their own companies or client lists to support themselves after they exit the workforce.
June 3 -
The digital title insurance, closing, escrow, and recording services provider has now raised a total of $110 million in funding.
June 2 -
Proptech CEOs and investors fully expect a huge year for the sector due to the pandemic’s “watershed” effect on digitization, according to Keefe, Bruyette & Woods.
March 18 -
The mortgage brokerage franchisor added 30 operating offices and had its best year yet for unit sales.
February 26 -
A real estate firm focused on gentrifying neighborhoods is showing cracks after a group of its apartment buildings in New York’s Upper West Side and Harlem filed for bankruptcy.
December 30 -
In the first episode of the five-part Arizent documentary series, we look at how disparities in net worth and mortgage discrimination impact Black home ownership — and why it's impossible to close the gaps without attacking systemic racism.
October 26 -
In the first episode of the five-part documentary series, we look at how disparities in net worth and mortgage discrimination impact Black home ownership — and why it's impossible to close the gaps without attacking systemic racism.
October 26 -
This five-part series is a comprehensive effort to explain the racial discrimination Black Americans face in our financial system.
October 23 -
Maine's red-hot residential real estate market shows no signs of cooling, thanks in part to increased interest from out-of-state buyers.
October 23 -
Four years ago, Donald Trump thrilled the real estate industry as he ascended to the White House, calling himself the “builder president” and promising a trillion dollars of infrastructure spending.
October 9 -
Three nonprofits look to create or preserve 10,000 units, vowing to fight off firms like Blackstone and Colony Capital, which bought up foreclosed homes after Great Recession.
October 6 -
Sales of U.K. homes costing over 1 million pounds ($1.3 million) doubled last month, outperforming the rest of the market as wealthier buyers sought more space following the COVID-19 lockdown.
September 28 -
Wall Street won big buying up homes during the foreclosure crisis and renting them out. Now, it's headed back to the suburbs in hopes of scoring again.
September 25 -
Home sales in Greater Hartford continued to surge in August with houses selling faster and at higher prices than the same month a year ago.
September 24 -
The number of pending sales in Sonoma County, Calif., was up 27% from June through August 2020 versus the same period in 2019 and the percentage of properties that went off the market within two weeks was up 8% in the same period in 2020 versus 2019.
September 22 -
The Harrisburg, Pa., area real estate market has come a long way since it was shut down completely by Gov. Tom Wolf due to COVID-19 back in March and reopened slowly in April and May.
September 15 -
Anticipated population growth has multifamily investors spending more on apartment buildings despite sales volume dropping by 50% for the first half of 2020, compared to the year-ago period, in Miami-Dade and Broward.
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