Fitch Ratings reduced its 2023 outlook for the U.S. real estate investment trust (REIT) sector outlook from “Neutral” to “Deteriorating,” citing the tumult in the commercial real estate space. While Fitch noted that most of its rated REITs...
I was on YouTube the other day and came upon a 1959 interview where Mike Wallace introduced Ayn Rand to the American television audience. During the interview, Rand declared, “I am for an absolute, laissez-faire, free, unregulated economy. Let me put it briefly: I’m...
Six federal regulatory agencies have jointly requested public comment on a proposed rule designed to ensure the credibility and integrity of models used in real estate valuations. In a statement, the agencies said the proposed rule would “implement quality control...
A coalition of 18 Republican governors called on the Biden administration to reverse the Federal Housing Finance Agency’s (FHFA) changes to the Fannie Mae and Freddie Mac loan level pricing adjustment (LLPA) structure for borrowers seeking a mortgage. “The new LLPA...
loanDepot Inc. (NYSE: LDI) has promoted Alec Hanson to chief marketing officer (CMO). In his new role, Hanson will be responsible for the development of brand, digital marketing, and organic and digital lead generation campaigns and the company’s originator-led...
In a ruling that could be seen as a victory for property owners and developers, the U.S. Supreme Court limited the U.S. Environmental Protection Agency’s (EPA) authority over areas that it defines as wetlands. The court ruled in Sackett v. EPA that the agency does not...
Ex-Massachusetts Real Estate Executive Sentenced for Tax Fraud and Obstruct…
