Americans are facing an increasing level of rejection on their loan applications, according to data released by the Federal Reserve Bank of New York. In the New York Fed’s latest Survey of Consumer Expectations, the overall rejection rate for credit applicants was...
Brennan Investment Group, a Chicago-headquartered private real estate investment firm focused on U.S. industrial facilities, has hired Andrew Mazey as vice president for the Nashville region. In his new role, Mazey will be tasked with sourcing new investments,...
Peachtree Group, the Atlanta-headquartered investment firm focused on commercial real estate assets, has hired Jenelle Zadik as people and culture vice president for its lodging subsidiary Peachtree Hospitality Management (PHM). In her new role, Zadik will be...
Angelo Mozilo, the former chairman and chief executive of Countrywide Financial who received widespread criticism for his role in the subprime mortgage meltdown, died at the age of 84. “It is with great sadness that the family of Angelo Robert Mozilo announces his...
On July 30, 2008, President George W. Bush signed the Housing and Economic Recovery Act of 2008 (HERA), which established the Federal Housing Finance Agency (FHFA). One provision of that act gave the FHFA authority to place its regulated entities into conservatorship...
