Commercial mortgage delinquencies were on the rise during the first quarter, according to data from the Mortgage Bankers Association (MBA). MBA’s quarterly analysis details the commercial delinquency rates for five of the largest investor groups that hold more than...
South Carolina’s College of Charleston has received a $2 million gift to support its commercial real estate finance program and its education students. Part of the gift will be used to create the Buono Endowed Professorship in Commercial Real Estate in the...
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...
Hits and Misses for the Real Estate Week of Aug. 10-14
