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Nov 28, 2019 5:44 AM ET

Fannie Mae Releases October 2019 Monthly Summary

iCrowdNewswire - Nov 28, 2019 - WASHINGTON-- Fannie Mae's (OTCQB: FNMA) October 2019 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, serious delinquency rates, and loan modifications. Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. We partner with lenders to create housing opportunities for families across the. [more...]

Nov 28, 2019 5:41 AM ET

Trump Hotels™ welcomes winter with festive offerings and exclusive brand sale

iCrowdNewswire - Nov 28, 2019 - NEW YORK-- Trump Hotels, the luxury brand of five-star hotels and resorts, celebrates the holiday season with thoughtfully-curated offers and attractions, inviting guests to experience comfort and joys during the most wonderful time of the year. Known for its exceptionally designed hotels in iconic locations, Trump Hotels' award-winning properties in Chicago, Hawaii, Ireland, Scotland and Vancouver are featuring an array of festive experiences to make the holiday season truly memorable. Additionally, all Trump Hotels locations bring a richly. [more...]

Nov 28, 2019 5:37 AM ET

Pending Home Sales Decline 1.7% in October

iCrowdNewswire - Nov 28, 2019 - WASHINGTON -- Pending home sales retreated in October, taking a slight step back after two prior months of increases, according to the National Association of Realtors®. The Northeast experienced a minor uptick last month, but the other three major U.S. regions reported declines in month-over-month contract activity. However, pending home sales were up nationally and up in all regions compared to a year ago. October 2019 Pending Home Sales The Pending Home. [more...]

Nov 27, 2019 12:42 AM ET

Republic Family of Companies and Principal Real Estate Investors Enter into Partnership to Finance and Develop Multi-Hundred Million Dollar Gateway at Millbrae Station

iCrowdNewswire - Nov 27, 2019 - SAN JOSE, Calif.-- Republic Urban Properties, a leading transit-oriented, mixed use property developer in the Bay Area, and Principal Real Estate Investors, a global investment management firm, announced their formation of a partnership that will finance, construct, and own the residential and office components of the Gateway at Millbrae Station development. The Gateway at Millbrae Station development is considered one of the largest transit-oriented developments in the Bay Area. With 157,000. [more...]

Nov 27, 2019 12:33 AM ET

California REALTORS® applaud FHFA for raising Fannie Mae and Freddie Mac conforming loan limits

iCrowdNewswire - Nov 27, 2019 - LOS ANGELES-- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency's (FHFA) announcement to increase the 2020 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $510,400 on one-unit properties and a cap of $765,600 in high-cost areas. The previous loan limits were $484,350 and $726,525, respectively. "C.A.R. commends the FHFA for increasing the 2020 loan limits for loans insured by Fannie Mae and Freddie Mac. The. [more...]

Nov 27, 2019 12:30 AM ET

Comerica Bank’s California Index Inches Up

iCrowdNewswire - Nov 27, 2019 - DALLAS-- Comerica Bank's California Economic Activity Index increased slightly in September to a level of 124.5. September's reading was 27 points, or 27 percent, above the index cyclical low of 97.8. The index averaged 124.0 points in 2018, 2.8 points above the average for all of 2017. August's reading was 124.4. Comerica Bank's California Economic Activity Index saw only a modest increase in September. This follows a four-month-stall as the California. [more...]

Nov 27, 2019 12:26 AM ET

SBA Issues Final Rule to Expand HUBZone Opportunities to Small Businesses and Revitalize Communities

iCrowdNewswire - Nov 27, 2019 - WASHINGTON-- The U.S. Small Business Administration today issued a final rule that will implement changes to the Historically Underutilized Business Zone (HUBZone) program that will make the program more attractive to small businesses and encourage them to invest in HUBZone communities and hire HUBZone residents. The new rule changes will also make it easier for federal contracting officers to identify and work with HUBZone-certified small businesses. The rule is published in the Federal Register and effective December. [more...]

Nov 27, 2019 12:22 AM ET

California REALTORS® applaud FHFA for raising Fannie Mae and Freddie Mac conforming loan limits

Nov 26, 2019 1:55 AM ET

Wells Fargo Commits $400,000 To California Forward To Address Housing Affordability

iCrowdNewswire - Nov 26, 2019 - SACRAMENTO, Calif.-- Wells Fargo has pledged $400,000 to bolster California Forward's (CA Fwd) work to address the state's housing supply and affordability crisis. Governor Gavin Newsom estimates that the state needs an additional 3.5 million housing units by 2025. CA Fwd and its vast network through the California Economic Summit has been working on ways to make it easier to build housing that Californians need and people of all incomes can afford. "California Forward is working. [more...]

Nov 26, 2019 1:53 AM ET

1st Security Bank Announces the Hiring of Two New Commercial Lending Relationship Managers

iCrowdNewswire - Nov 26, 2019 - MOUNTLAKE TERRACE, Wash.-- 1st Security Bank is pleased to announce that the bank has continued to expand its commercial lending presence in the Puget Sound region with the hiring of Melanie Miller and Marty Markey. Melanie and Marty joined the Bank as Commercial Lending Relationship Managers in October. 1st Security Bank of Washington "With the continued growth in the number of commercial banking customers who are entrusting 1st Security Bank with their full. [more...]

Nov 26, 2019 1:50 AM ET

Aviat Networks Relocates Corporate Headquarters to Austin, Texas

iCrowdNewswire - Nov 26, 2019 - AUSTIN, Texas-- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport solutions, today announced that it has relocated its corporate headquarters from Milpitas, CA to Austin, TX, a move designed to expand access to a greater talent pool of professionals and drive innovation, while facilitating the Company's anticipated growth over the coming years. The Company already has a strong presence in Texas, with facilities in Austin and San Antonio. Milpitas will continue to serve as one of the Company's Centers of. [more...]

Nov 26, 2019 1:47 AM ET

Citizenship by Investment Heavily Assists Infrastructure Development in Dominica, Multinational Firm Reveals

iCrowdNewswire - Nov 26, 2019 - LONDON-- A report devised by experts at the leading multinational firm, PricewaterhouseCoopers (PwC), has revealed how Dominica's Citizenship by Investment (CBI) Programme is redirecting generated funds into developing the island's infrastructure. The Programme has helped revive significant roads and bridges, particularly following the island's recovery after Hurricane Maria two years ago. Notably, Dominica's 'build back better' philosophy has been a key element in the construction efforts. This means that all developments, from housing to hotels, centres. [more...]

Nov 26, 2019 1:43 AM ET

ABAG Inaugurates New President, Vice President

iCrowdNewswire - Nov 26, 2019 - SAN FRANCISCO-- The Association of Bay Area Governments (ABAG) has elected Berkeley Mayor Jesse Arreguin as its new president and Napa County Supervisor Belia Ramos to serve as Vice President of the regional land use planning agency and council of governments. Both will take on their new roles in January, serving two-year terms. Arreguin, currently ABAG's Vice President, will replace President David Rabbitt, who will continue to serve as a member of ABAG's Executive Board and on the Sonoma County Board. [more...]

Nov 26, 2019 1:41 AM ET

Woodforest National Bank Creates $20 Million Opportunity Zone Fund to Support Economic Revitalization Across its 17-State Footprint

iCrowdNewswire - Nov 26, 2019 - THE WOODLANDS, Texas-- Recently, Woodforest National Bank® ("Woodforest") created the Woodforest CEI-Boulos Opportunity Fund ("Fund"), a $20 million private real estate investment fund targeting projects in the recently designated Opportunity Zones across Woodforest's 17-state footprint. The Fund will invest in real estate projects with the goal of promoting public welfare by benefitting low- and moderate-income individuals in areas designated as Qualified Opportunity Zones. Woodforest National Bank Creates $20 Million Opportunity Zone Fund to Support Economic Revitalization. [more...]

Nov 25, 2019 9:00 AM ET

RE/MAX INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of RE/MAX Holdings, Inc. – RMAX

iCrowdNewswire - Nov 25, 2019 - NEW ORLEANS-- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into RE/MAX Holdings, Inc. (NYSE: RMAX). Between March and April 2019, the Company was one of several national real estate brokers sued in antitrust class action lawsuits alleging that they had entered into agreements with other brokers that caused home sellers to. [more...]

Nov 25, 2019 8:50 AM ET

Extraordinary Real Estate Experiences Coming To Groton With Opening Of New CENTURY 21 Shutters & Sails Office

iCrowdNewswire - Nov 25, 2019 - GROTON, Conn.-- Broker/Owner Laurie Finan, CENTURY 21 Shutters & Sails, and managing broker Mary Nasi, IMT Realty Group, announced that they have merged and are holding a grand opening today of a new, full service real estate office at 333 Long Hill Road in Groton to better serve its clientele and growing organization. The general public, those interested in becoming real estate agents, and other industry professionals are invited to the new CENTURY 21. [more...]

Nov 25, 2019 8:40 AM ET

C.A.R. commends California Insurance Commissioner for expediting wildfire victims’ claims

iCrowdNewswire - Nov 25, 2019 - LOS ANGELES-- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) issued the following statement in response to California Insurance Commissioner Ricardo Lara's request for the expedition of claims handling for California's wildfire victims: "We are pleased that Insurance Commissioner Ricardo Lara has asked for insurance companies to expedite the claims process for wildfire victims so that they can begin the rebuilding and healing process and move forward with their lives," said C.A.R. President Jeanne Radsick, a second-generation REALTOR® from Bakersfield. "With so many homes. [more...]

Nov 25, 2019 8:30 AM ET

Extraordinary Real Estate Experiences Coming To Groton With Opening Of New CENTURY 21 Shutters & Sails Office

Nov 25, 2019 8:20 AM ET

Consumers Energy Foundation Announces $100,000 Prosperity Award to Expand Kalamazoo Farmers Market

iCrowdNewswire - Nov 25, 2019 - KALAMAZOO, Mich.-- The Consumers Energy Foundation today announced a $100,000 grant to expand and upgrade the Kalamazoo Farmers Market, part of $500,000 in its first Prosperity Awards designed to strengthen communities across Michigan. The City of Kalamazoo will use the $100,000 grant to make significant improvements to the popular market that attracts an average of over 4,500 customers weekly from May through November. "Places like the Kalamazoo Farmers Market make our Michigan communities more vibrant places to live and contribute to. [more...]

Nov 25, 2019 8:10 AM ET

Hunt Real Estate Capital Provides a $7.7 Million Fannie Mae DUS® Loan to Finance the Acquisition of a Multifamily Property Located in Macon, Georgia

iCrowdNewswire - Nov 25, 2019 - NEW YORK-- Hunt Real Estate Capital announced today it provided a Fannie Mae DUS® conventional loan in the amount of $7.7 million to finance the acquisition of a multifamily property located in Macon, Georgia. College Park Apartments is a 219-unit, garden-style apartment community that features 44 two- and three-story apartment and townhome buildings. The property is situated on 24.2 acres. The borrowing entity is CP Apartments 19 LLC, a single purpose Georgia Limited Liability Company, who. [more...]

Nov 25, 2019 8:00 AM ET

Redfin Mortgage Expands to Massachusetts, Michigan and Wisconsin

iCrowdNewswire - Nov 25, 2019 - DALLAS-- (NASDAQ: RDFN) — Redfin Mortgage, LLC is now offering loans to homebuyers in Massachusetts, Michigan and Wisconsin. Redfin Mortgage is a subsidiary of Redfin (www.redfin.com), the tech-powered residential real estate company. Redfin Mortgage offers fixed- and adjustable-rate conforming mortgages as well as jumbo loans in 15 states and the District of Columbia. Built on Redfin's technology platform and customer-centric model, Redfin Mortgage offers competitive rates and charges no lender fees, and its mortgage advisers are rewarded based. [more...]

Nov 22, 2019 1:50 AM ET

Existing-Home Sales Climb 1.9% in October

iCrowdNewswire - Nov 22, 2019 - WASHINGTON-- Existing-home sales rose in October, a slight recovery from the declines seen in September, according to the National Association of Realtors®. The four major U.S. regions were split last month, with the Midwest and the South seeing growth, and the Northeast and the West both reporting a drop in sales. October 2019 Existing Home Sales Total existing-home sales1, https://www.nar.realtor/existing-home-sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.9%. [more...]

Nov 22, 2019 1:32 AM ET

IDACORP Adopts Increased Common Stock Dividend Payout Ratio of 60 to 70%

iCrowdNewswire - Nov 22, 2019 - BOISE, Idaho-- IDACORP, Inc. (NYSE: IDA) announced today that it has adopted a new dividend policy that provides for a target long-term dividend payout ratio of between 60 and 70% of sustainable IDACORP earnings. This is the first time the company has changed the dividend policy for the long-term target dividend payout ratio since 2011, when it established a target long-term dividend payout ratio of between 50 and 60% of sustainable IDACORP. [more...]

Nov 22, 2019 1:29 AM ET

Nationwide Mortgage Bankers and Americasa Announce New Spokesperson, Bernie Williams

iCrowdNewswire - Nov 22, 2019 - MELVILLE, N.Y.-- Independent mortgage lender Nationwide Mortgage Bankers, Inc. and its Spanish language mortgage service Americasa have announced Bernie Williams as their official spokesperson. Nationwide Mortgage Bankers and Americasa Announce New Spokesperson, Bernie Williams Bernie Williams is a former professional baseball player and prominent Puerto Rican figure. All 16 of the years that make up his MLB career were with the New York Yankees. During this time, Williams and the Yankees won four World Series championships. [more...]

Nov 22, 2019 1:20 AM ET

Coldwell Banker Wallace & Wallace Announces New Partner, Plans for Future

iCrowdNewswire - Nov 22, 2019 - KNOXVILLE, Tenn.-- It is with great pride that Coldwell Banker Wallace & Wallace (CBWW), the region's foremost, family-owned residential real estate franchise, today announces that Claudia Stallings has been named partner. Since 2016, Stallings has represented the company as vice president of residential sales. Now, she is an owner alongside brothers Jim and George Wallace. Previously the vice president of residential sales for Coldwell Banker Wallace & Wallace (CBWW), Claudia Stallings is now an owner and partner. [more...]

Nov 22, 2019 1:14 AM ET

Fla.’s Housing Market: Pending Sales and Inventory, Median Prices Up in Oct. 2019

iCrowdNewswire - Nov 22, 2019 - ORLANDO, Fla.-- Florida's housing market reported more single-family home sales, more pending sales, higher median prices and rising pending inventory in October 2019 compared to a year ago, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 23,440 last month, up 5.2% from October 2018. "Current low mortgage rates are tempting potential homebuyers who have been waiting on the sidelines," said 2019 Florida Realtors President Eric Sain, a Realtor. [more...]

Nov 22, 2019 1:11 AM ET

NAR’s HouseLogic Website Wins Two Folio: Eddie & Ozzie Awards for Design & Content

iCrowdNewswire - Nov 22, 2019 - CHICAGO-- The National Association of Realtors®' consumer facing website, HouseLogic, is the winner of two prestigious Folio: Eddie & Ozzie Awards, presented by Folio Magazine. These accolades are among the most esteemed of its kind in the publishing industry. HouseLogic content covers home buying, selling, improvement, maintenance, taxes, finance and insurance issues helping users get the most value and enjoyment out of their home ownership experience. HouseLogic's article series, "They Did It. You. [more...]

Nov 21, 2019 12:53 AM ET

X Financial Reports Third Quarter 2019 Unaudited Financial Results

iCrowdNewswire - Nov 21, 2019 - SHENZHEN, China-- X Financial (NYSE: XYF) (the "Company" or "we"), a leading technology-driven personal finance company in China, today announced its unaudited financial results for the third quarter ended September 30, 2019. Third Quarter 2019 Financial Highlights Net revenues in the third quarter of 2019 increased by 4.5% to RMB866.8 million (US$121.3 million) from RMB829.5 million in the same period of 2018. Income from operation in the third quarter of 2019 decreased by 14.5% to RMB234.7 million (US$32.8 million). [more...]

Nov 21, 2019 12:50 AM ET

Únase a OneWest Bank para donar un millón de comidas en la lucha contra el hambre

iCrowdNewswire - Nov 21, 2019 - PASADENA, California-- CIT y su división de sucursales minoristas del sur de California, OneWest Bank, lanzaron hoy la segunda campaña anual One Million Meals (Un millón de comidas) para combatir el hambre durante esta temporada navideña. En asociación con Feeding America®, OneWest donará 250 comidas1 por cada cuenta de cheques calificada abierta entre ahora y el 31 de diciembre, además de proporcionar un bono de $250 en efectivo por cada cuenta.2 "La temporada navideña tiene que ver con la. [more...]

Nov 21, 2019 12:42 AM ET

Federal Home Loan Bank of Chicago Awards $27.7 Million Through Its Competitive Affordable Housing Program

iCrowdNewswire - Nov 21, 2019 - CHICAGO -- The Federal Home Loan Bank of Chicago (FHLBank Chicago) today announced that $27.7 million was granted through its competitive Affordable Housing Program (AHP) to help finance 50 housing projects located primarily in Illinois and Wisconsin. With these awards, FHLBank Chicago is investing in the acquisition, rehabilitation, and new construction of over 2,600 housing units. Descriptions of the 2019 AHP awards can be viewed here. "Access to affordable housing is vital to local economies, quality of life, and families'. [more...]