The Maine housing market heated up in July with 1,697 homes sold during the month, a 7.75% surge from one year earlier. “Active home sale listings exceeded 6,200 for the first time since December 2019, resulting in the eighth best July since the year 2000,” said Judy...
Mortgage application activity trended higher during the week ending Aug. 7, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 3.6% on a seasonally adjusted basis...
The Hartford Insurance Group, Inc. (NYSE: HIG) announced the appointment of Priscilla Almodovar, former president and CEO of Fannie Mae (OTCQB: FNMA), to the company’s board of directors, effective Sept. 1. Almodovar will serve on the board’s Finance, Investment and...
Equiton, a real estate investment firm based in Burlington, Ontario, has launched its US Apartment Fund (Equiton US Residential Income Fund Trust). The fund is Equiton’s fifth open-ended private real estate fund and its first focused on the United States....
Kilroy Realty Corporation (NYSE: KRC) announced that Chief Financial Officer (CFO) Jeffrey Kuehling has left the company, effective Aug. 11. In a statement, the Los Angeles-based company said Kuehling’s departure “is not the result of any disagreements related to the...
A New York City accountant was indicted on wire fraud and bankruptcy fraud charges in connection with multiple real estate investment fraud schemes. According to court documents, Alberto Gomez is an accountant in the Elmhurst section of Queens. Gomez conducted schemes...