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...
UWM Holdings Corporation (NYSE: UWMC) has named Rami Hasani as its new chief financial officer, effective April 1. He will replace Andrew Hubacker, who is moving into a senior advisor role with the Pontiac, Michigan-based company. Hasani originally joined the company...
Denver-headquartered RE/MAX Holdings Inc. (NYSE:RMAX) announced that Ward Morrison will retire as president and CEO of its brands Motto Mortgage and Wemlo, effective June 15. He we stay on in a consultative role at both brands through the end of the year. Morrison was...
The Appraisal Institute is being sued by a former executive who accuses the organization of firing her when she uncovered widespread fraud in the publishing of testing results. Bisnow.com reports Alissa Akins, a former director of education and publications at the...
Hits and Misses for the Real Estate Week of June 22-26
