The co-working flex space provider WeWork Inc. (NYSE: WE) filed for chapter 11 protection in the U.S. Bankruptcy Court in New Jersey. Founded in 2010, WeWork was valued at $47 billion during its peak operating years. However, the company had a history of financial...
The Columbus, Ohio-headquartered mortgage fintech Lower has recruited Amir Syed as chief growth officer. In this new position, Syed will organize Lower’s multi-channel strategy to drive exponential market share while elevating existing production through...
Patti Cook, the former CEO of Finance of America Companies, passed away at the age following a bout with pancreatic cancer. “Patti’s legacy is one of unwavering commitment to our people,” said the company in a LinkedIn posting announcing her death. “She invested...
Real Estate Connection, a Gaithersburg, Maryland-based tech-enabled brokerage, announced the hiring of Morgan Barnes as director of lender relations. In joining the company, Barnes crosses over from a successful career in the fitness industry where she owned and...
A Phil Hall Op-Ed: I just did a Google News search for the phrase “real estate” and I came up with a remarkable collection of headlines from major news outlets. These headlines and their sources included the following: “After a $1.8 billion verdict, the clock is...
The question of whether artificial intelligence (AI) can bridge the widening racial disparity homeownership gap or if it could make it worse is the subject of the new research paper “Harnessing AI for Equity in Mortgage Finance,” created in collaboration of Federal...
Hits and Misses for the Real Estate Week of June 29-July 3
