WASHINGTON, DC-The National Association of Realtors yesterday (July 11) testified before a subcommittee of the House of Representatives that shifting regulation of government-sponsored enterprises, Freddie Mac and Fannie Mae, from HUD to the Federal Reserve Board.
WASHINGTON, DC-The association and mortgage insurance company have joined in an effort to give MBA members a comprehensive package of real estate finance data and services, combining standard classroom education and technology.
NEW YORK CITY-The French Embassy Treasury Representative is leaving a portion of the 53rd floor of 1 World Trade Center for 3,950 sf at 48 Wall St. The deal is a 10-year lease valued at $1.7 million.
WASHINGTON, DC-The company will host a live conference call to discuss its second quarter earnings at 4 p.m. on Tuesday, July 17. The call will be available in an audio Webcast on the company's site as well.
GLEN ALLEN, VA-In order to complete Dominion's merger with Consolidated Natural Gas Co., it is completing a divestiture of all of its financial services holdings. Saxon Capital Acquisition Corp. was formed to acquire Saxon Capital Inc.
NEWTON, MA-HRPT Properties Trust has announced that it will be paying its regular quarterly dividend of 20 cents per common share, respective of the company's results for the quarter that ended June 30, 2001.
WASHINGTON, DC-The 202-unit hotel here has received $27 million in adjustable-rate acquisition financing. GMAC Commercial Mortgage Corp. arranged the financing on behalf of the hotel, which was renovated in 1999.
WASHINGTON, DC-Of all mortgage loan applications, which went up overall in the latest weekly survey of the Mortgage Bankers Association of America, refinancing activity represented 44.1%, up from 43.7% the week before.
WASHINGTON, DC-The world's largest non-bank financial services company is now planning to redeem the principal amounts of two more securities issues. The redemption date for these latest is July 12 of this year.
GERMANTOWN, MD-Tucon Construction Corp., based in Dulles, VA, has begun construction on an office and manufacturing building for Acterna, a technology company, to lease from joint venture company Milestone Industrial LC.