The Department of Housing and Urban Development (HUD) has issued a new guidance updating the statute of limitations on violation claims relating to the design and construction requirements of the Fair Housing Act. HUD’s action rescinds an Obama-era policy that gave...
Mortgage application activity edged up for the week ending Aug. 28, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased by a mild 0.8% on a seasonally adjusted...
The commercial mortgage-backed securities (CMBS) delinquency rate dipped by a single basis point to 7.85% in August, according to data from Trepp Inc. One year ago, the CMBS delinquency rate was 7.29%. Trepp noted that several large loans became delinquent last month...
Denver-headquartered REMAX announced the appointment of Alex Vidal as the brand’s president. Vidal most recently served as President of ERA Real Estate. In his new role, he will report directly to Tamir Poleg, chairman and CEO of Real REMAX Group (NASDAQ: REAX)....
10 Federal, a commercial real estate firm that manages approximately 135 self-storage properties across 16 states, has branched into the retail sector with its acquisition of Eric Lane Shopping Center in Burlington, North Carolina. Eric Lane Shopping Center comprises...