Frontdoor Inc. (NASDAQ: FTDR), a Memphis-headquartered provider of home warranties, announced it has acquired 2-10 Home Buyers Warranty (2-10 HBW) in an all-cash transaction valued at $585 million. Founded in Denver in 1980, 2-10 HBW’s new home structural warranty...
Houston-based Nations Reliable Lending (NRL Mortgage) has hired Steven Curtis as its new chief production officer. Prior to joining NRL Mortgage, Curtis was senior vice president at Security National Mortgage and Fairway Independent Mortgage. In his new role, he will...
An Indianapolis man practicing real estate without a license is being sued by Indiana Attorney General Todd Rokita for duping real estate investors. Rokita’s office has accused Herbert Whalen of engaging in the management of property for investors without a real...
The commercial mortgage-backed security (CMBS) delinquency rate declined by 10 basis points in May to 4.97%, according to data from Trepp Inc. “The decrease was primarily driven by some sizable resolutions in the office sector,” said Stephen Buschbom, research...
Two Republican lawmakers in the Ohio legislature are proposing a constitutional amendment designed to cap property tax increases. According to the Columbus Dispatch, Reps. Beth Lear and Scott Wiggam proposed the amendment that would limit property tax increases to the...
The Democrat-controlled Massachusetts House of Representatives has dropped Gov. Maura Healey’s “mansion tax” proposal from the housing bond bill that will be voted on this week. The State House News Service reported the $4.1 billion housing bond bill moved by the...