The decision by Federal Housing Finance Agency (FHFA) Director Bill Pulte to explore the viability of incorporating cryptocurrencies into the secondary mortgage market received a major vote of approval from high-profile investor Cathie Wood, CEO of Ark Invest. Last...
An unholy misuse of eminent domain, a ritzy Los Angeles mansion with a significant stigma, and a Maine broker running for governor. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 19-23. Miss: Seizing the Pope’s Childhood...
Habitat for Humanity of Long Island has asked 26-year-old Kristen Henry to sit on its board of directors. Henry is the chief technology officer at SQ4D, a pioneering construction technology engaged in producing 3D printed, full-scale concrete homes. At 22, she became...
An investor in Redfin (NASDAQ: RDFN) has filed a lawsuit to stop its $1.75 billion sale to Rocket Companies (NYSE: RKT). The Real Deal reports investor Bruce Miller is suing the company and its board of directors, including CEO Glenn Kelman, alleging they failed to...
The Federal Reserve ignored President Trump’s exhortations to cut rates and opted to maintain the target range for the federal funds rate at 4.25% to 4.5%. “Although swings in net exports have affected the data, recent indicators suggest that economic activity has...
The Federal Reserve Bank of Philadelphia has announced the appointment of Anna Paulson as its new president and CEO, effective July 1. She succeeds Patrick T. Harker, whose 10-year tenure will conclude on June 30, as per Federal Reserve mandatory age and...