Ashford Hospitality Trust Acquires 30-Hotel Portfolio for $465... Ashford Hospitality Trust Acquires 30-Hotel Portfolio for $465 Million and Completes Securities Issuance to Security Capital Acquisition Highlights: -- Acquired at a trailing 12-month net operating income cap ...via
Builders Predict Slowdown The housing market will continue to cool with slower price increases and fewer housing starts, according to a report by the National Association of Home Builders.read more...
Mortgage Chief Resigns, Hopes Audit Redeems Him (The Tampa Tribune) Florida's top regulator of mortgage brokers said Tuesday that he will leave his post Sept. 30 amid continuing criticism for allowing thousands of ex-convicts to obtain mortgage brokering licenses and,
Educators move to build a gym after court rules in their favor Fresh from a courtroom victory, educators were moving quickly to construct a gymnasium building with four classrooms and a library at Hermosa Valley School.read more...
U.S. MBA's Mortgage Applications Index Rose 5.2% Last Week (Bloomberg.com) Dec. 7 (Bloomberg) -- An index of mortgage applications rebounded last week from the lowest level since January, reflecting increases in refinancing and home purchases, a private group's survey showed.read
REITs Cautious Despite Strong Quarter Executives at real-estate investment trusts are cautious about the outlook for the rest of the year, despite surprisingly strong earnings for the first quarter.read more...
Treasurys gained slightly early Wednesday, nudging yields down, as U.S. stocks struggled and concern over the country?s biggest mortgage lenders was reignited.
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