Angelo Mozilo, the former chairman and chief executive of Countrywide Financial who received widespread criticism for his role in the subprime mortgage meltdown, died at the age of 84. “It is with great sadness that the family of Angelo Robert Mozilo announces his...
On July 30, 2008, President George W. Bush signed the Housing and Economic Recovery Act of 2008 (HERA), which established the Federal Housing Finance Agency (FHFA). One provision of that act gave the FHFA authority to place its regulated entities into conservatorship...
From the leave-no-stone-unturned school of marketing: The Walt Disney Co. (NYSE:DIS) is promoting its new “Haunted Mansion” movie by having the spooky residence listed on Zillow (NASDAQ:Z). “Only minutes from downtown New Orleans, just outside the city on a secluded...
The homeownership rate for Ohio tied its lowest recorded level, according to a report from the Dayton Daily News. The state’s homeownership rate was 66% in 2022. The only time the rate fell that low was in 2017 – the rate has been tracked since 1984. The highest rate...
For those in pursuit of metro areas with a higher-than-average number of educated residents, WalletHub released its report on 2023’s Most & Least Educated Cities in America. To determine where the most educated Americans are choosing to settle down, WalletHub...
Black Knight Inc. (NYSE: BKI) is selling its Optimal Blue business to a subsidiary of the Canadian-based Constellation Software Inc. (TSX: CSU) for $700 million. The structure of the proposed transaction includes a payment by Constellation of $200 million in cash,...
Hits and Misses for the Real Estate Week of Aug. 31-Sept. 4
