IRS provides IRC § 817(h) diversification guidance on a new form of mortgage-backed security to …

IRS provides IRC § 817(h) diversification guidance on a new form of mortgage-backed security to …

This new security, called a Uniform Mortgage Backed Security (UMBS), is scheduled to be issued by both Fannie Mae and Freddie Mac (the
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Netflix's 'Stay Here' star Peter Lorimer on the real estate biz

Peter Lorimer is an entrepreneur, real estate expert and co-host of the NETFLIX series “Stay Here” — which helps struggling property owners redesign
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Freddie Mac Publishes White Papers on LIHTC in Appalachia, Indian Areas

Freddie Mac published two white papers that highlight how the low-income housing tax credit (LIHTC) is used to bring affordable rental housing to
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Lenders to seize 13 Fortress real estate projects

Lenders are also taking control of the Charlotte Adelaide Tower project in downtown Toronto, which has a $16.2-million syndicated mortgage loan
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State bank regulators sue feds over bank charter for 'fintech' firms

State bank regulators are suing a federal counterpart over a provision aimed at defining banking in the Internet age. The Conference of State Bank
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Michael Jordan Makes His Foray Into Esports With Startup Investment

Michael Jordan is backing an esports startup, the first foray by the legend of traditional sports into the burgeoning industry. The basketball Hall of
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Banks seek to adapt to mobile-first customers

Executives discuss the aforementioned companies in the same breath as digital banking experiences because mobile-first consumers are challenging
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Overbuilding drags down Calgary house prices: CMHC report

Calgary house prices are sliding and a new report from the Canada Mortgage and Housing Corporation indicates that trend could continue.
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Newly Built Megamansion in Bel Air for $65M Is This Week's Most Expensive Listing

… Air neighborhood,” notes the real estate blog Yolanda's Little Black Book. … “Every box has been checked for the pinnacle modern estate,” notes the
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Freddie Mac: Mortgage Rates Inched Up slightly

In a statement, Sam Khater, chief economist for Freddie Mac, says he expects rates to continue to rise, “which will put downward pressure on home
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With eye on growth, KC's top residential real estate firm expands leadership team

With an eye on growth, the Kansas City-area's top residential real estate firm is building out its leadership team. Leawood-based ReeceNichols Real
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Pending home sales rebound with 0.5% increase in September

The report signals that buyers are still looking to lock in purchases despite higher prices and mortgage rates. Data on Wednesday showed sales of
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Is lack of affordability triggering an exodus from coastal markets?

“Benefits of Atlanta that keep drawing people here include top-notch public education, affordable housing, an appreciating market and more job
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Apollo Commercial Real Estate Finance, Inc. 2018 Q3 – Results – Earnings Call Slides

The following slide deck was published by Apollo Commercial Real Estate Finance, Inc. in conjunction with their 2018 Q3 earnings call. 120.
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Mortgage credit availability reaches post-crisis high among GSEs, government lenders

Mortgage lenders are opening access to credit as mortgage interest rates continue to rise, according to the latest Housing Credit Availability Index
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Wall Street Giants Fight Over Who Helps Small Investors the Most

Banks, investors and other firms — including Bloomberg News parent Bloomberg LP — want the SEC to curb the charges. Meanwhile, the exchanges
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Solomon Org. Acquires Pittsburgh Community for $41M

M&T Bank provided $32.4 million in Freddie Mac acquisition financing to the buyer. The seller, Morgan Management, acquired the property in July
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Banks practicing age discrimination

However, I'm seriously considering suing the parent companies of a couple of our local banks. There is no longer a way to arrange an interbank
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JCM Partners Sells Sacramento Community for $61M

The buyer financed the purchase with a five-year, $46.8 million Freddie Mac loan originated by Walker & Dunlop. The new owner plans to invest $4.3
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Apples vs. Oranges? Core vs. Opportunistic Real Estate Funds

Real estate investors sometimes treat core and opportunistic funds as if they were different asset classes. They are measured against different
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