The average American teacher can only afford 12% of the homes for sale within commuting distance of their school, according to a new data study from Redfin (NASDAQ:RDFN). The new data is down from 17% in the summer of 2022 and down 30% from pre-pandemic 2019. And the...
Orlando-based NNN REIT Inc. (NYSE: NNN) has promoted Jonathan A. Adamo to executive vice president of portfolio operations. Adamo joined NNN in April 2003 and currently serves as senior vice president and head of portfolio operations. He previously served in the...
Las Vegas-headquartered Realty One Group has sold the franchise rights to its 17th country to Belize. Sergio E. Gonzalez, who purchased the franchise rights to Costa Rica two years ago and is the regional owner of Realty One Group Central America and Western...
A Washington D.C., jury ruled in favor of stockholders who disputed the federal government’s handling of Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) during the 2008 financial crisis. The jury ruled that the Federal Housing Finance Agency (FHFA) acted...
UBS AG (NYSE:UBS) and several of its U.S.-based affiliates agreed to a $1.4 billion settlement to resolve a civil action filed in November 2018 related to the Swiss-headquartered bank’s underwriting and issuance of residential mortgage-backed securities (RMBS) issued...
The U.S. Small Business Administration (SBA) announced the agency’s first disaster declarations leveraging the Rural Communities Act, which will enable businesses and residents affected by recent disasters in Alabama, Nevada, and California to become eligible for...