News
Consumers Tip Scales of Home Price Change Expectations
More than half of Americans now expect the country’s home prices to climb within the next year, illustrating a growing optimism toward the health of the housing industry.
MBA Announces Appointment of Margaret A. Colon as Chief Administrative Officer
David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), announced the appointment of Margaret A. Colon to be MBA’s new chief administrative officer, effective immediately.
Corvias Group Promotes Sara Ortleb to Assistant General Counsel
Corvias Group announced the promotion of Sara Ortleb to assistant general counsel from associate counsel as a recognition of her hard work and vital role in the legal department.
Economy Watch: Mortgage Delinquencies Continue to Edge Down
Lender Processing Services said that 6.59 percent of U.S. residential mortgages were delinquent in March, down from 6.8 percent in February.
Larry Sullivan Named President of Passco Companies
William O. Passo, founder and CEO of Passco Companies LLC, has announced the appointment of Larry K. Sullivan as president of the company following the resignation of former president William H. Winn, effective May 30, 2013.
For Renters, Housing Costs Up, Incomes Down
The cost burden of renting continues to increase for a large share of U.S. households, according to the latest Center for Housing Policy’s Housing Landscape report.
Urban Capital Partners Acquires Multifamily Community, Formerly Schoolhouse
New Boston Fund Inc. announced the sale of Schoolhouse at Lower Mills, a 62-unit mixed income community in Dorchester, Mass., to Urban Capital Partners LLC.
TODAY’S DEALS: HFF Arranges $86.8M Acquisition Financing for Crow Fund Through TIAA-CREF
HFF worked on behalf of a private real estate fund advised by Crow Holdings Capital Partners LLC to secure a 10-year, fixed-rate loan; and Beech Street closes on a $17 million Fannie Mae refinance loan.