There are some lessons the mortgage industry learned the hard way. We learned what happens when loans are made without adequately documenting income. We learned what happens when borrowers are qualified into products they do not understand or cannot reasonably afford....
Fannie Mae (OTCQB: FNMA) experience a jolt of senior executive firings last week, though the circumstance behind their terminations remains unclear and the impact of their departures may not be as severe as news reports insisted. The Wall Street Journal, sourcing its...
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...
New York City landlords fighting against their mayor’s rent freeze, a study that finds homeownership can be a relationship killer, and a tribute to a colorful San Francisco commercial property executive. From the wild and wooly world of real estate, here are our Hits...
The JJ Walser House, a Frank Lloyd Wright-designed residence in Chicago’s Austin neighborhood, has been acquired after years of being unoccupied and dilapidated. The Walser House was built in 1903 and is listed on the National Register of Historic Places. However, has...