A New York City personal trainer was indicted for allegedly stealing over $100,000 from at least eight prospective tenants in a rental housing scam. According to the charges brought against him, 35-year-old Jerry Genesis falsely represented that he had apartments...
A joint venture between multifamily developer Wood Partners and real estate investment manager Clarion Partners officially broke ground on Alta Metro Center in Aurora, Colorado. The 365-unit project encompasses a quartet of four-story buildings featuring a mix of...
MISMO, the real estate finance industry’s standards organization, has hired Amy Moses as vice president of strategic growth. In this role, Moses will lead MISMO’s growth and revenue strategy, drive expanded industry engagement, and cultivate strategic...
UWM Holdings Corporation (NYSE: UWMC), the parent of United Wholesale Mortgage (UWM), is acquiring Two Harbors Investment Corp. (NYSE: TWO), a real estate investment trust, in an all-stock transaction for $1.3 billion. Two Harbors is one of the nation’s largest...
Mortgage application activity slowed during the week ending Dec. 12, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 3.8% on a seasonally adjusted basis from...
