Indian developer RMZ sells real estate assets to Canada's Brookfield for $2 billion

Indian developer RMZ sells real estate assets to Canada's Brookfield for $2 billion

(Reuters) – Privately held Indian developer RMZ Corp has sold 12.5 million square feet of its real estate assets to Brookfield Asset Management Inc
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House panel blasts banks over gap in PPP loan processing times

“Treasury would like for banks to go to their existing customer base as lenders will have all of the business information (payroll, etc.),” American Bankers
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Foreign investors flock to Japan with Buffett's seal of approval

Overseas investors bought 1.42 trillion yen (US$13.5 billion) in Japanese stocks in the week ending Oct. 9, the latest week for which data is available.
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Systemic racism in Illinois home loan and banking industries

Neighborhood Housing Services of Chicago President Donna Clarke testifies virtually about racial inequities in homeownership at a joint hearing before
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Exclusive: Funding Xchange sees SME lending 'green shoots'

Cash from non-bank and traditional lenders dried up until the intervention of the of the government to back a series of lending schemes including the
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Local experts give advice on how to obtain a home loan while drowning in student debt

Rochester resident JoJo Dries, mortgage loan officer at C & M Lending, is partnering with the local company LoanSense to host the webinar “When
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NAR boosts awareness of fair housing issues with newest ad campaign

HousingWire sat down with Corr and Tyrrell for an exclusive look back at the changes in the company and in the mortgage industry during the last two
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Masonite International At Top Of Buy Range Ahead Of Earnings Report

Masonite International (DOOR) is trading within a buy range ahead of its next earnings report, expected on Nov. 2. The stock is approximately 3%
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Marcus & Millichap closes deal to buy Mission Capital Advisors

… billion of Fannie Mae and Freddie Mac transactions. “Broadening our capital markets capabilities is a key component of MMI's long-term growth plan
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What is a lienholder?

The companies provide a title check as well as an accident history for the associated vehicle. How do I buy a car with a lien? If you know that the car you'
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Unity National Bank of Houston eyes larger lending facilities after Bank of America investment

“So our ability to be able to lend at a larger number is a very good thing.” Unity National Bank is in conversations with other large lenders to secure
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Raleigh area home prices rose nearly twice as much as wages, study says

From 2014 to 2019, housing prices in the Raleigh area increased roughly 30% while wages rose 17%. Last year, the median home price and median
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Here's Why You Should Retain Accuray (ARAY) Stock for Now

Freddie Mac's data shows that mortgage rates on a 30-year mortgage averaged just 2.81% for the week ending Oct. 15, 2020. This is down from 2.87%
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Preferred Bank Reports Quarterly Earnings

Preferred Bank (“the Bank”) reported net income of $17.1 million or $1.15 per diluted share for the third quarter of 2020. This is down from net income
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States scramble to issue mortgage, rent aid before year's end

With each state using its own discretion in the distribution of the $150 billion Coronavirus Relief Fund, some of the money is still available for mortgage
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Central Texas Housing Market Strong Despite Economic Challenges

Central Texas Housing Market Strong Despite Economic Challenges. Home sales across the Austin-Round Rock MSA soared 31.5 percent year over
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Fitch Expects to Rate Sequoia Mortgage Trust 2020-4; Presale Issued

The pool has a weighted average (WA) original model FICO score of 775 and an original WA combined loan to value (CLTV) ratio of 71%. All the loans
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Daily Crunch: Pakistan un-bans TikTok

The Pakistan Telecommunication Authority blocked the video app 11 days ago, … Google Cloud launches Lending DocAI, its first dedicated mortgage
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SoCal Apartment Complex Trades for $130M

Last month, the firm locked in $240.4 million in refinancing from Freddie Mac and Fannie Mae for a 1,223-unit multifamily portfolio with properties in all
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Canadian Real Estate: A Look at the Hottest Luxury Markets

Can these trends continue heading into 2021? If there is one area of the real estate sector that could answer this question, it is the luxury market. From
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