real estate

FSOC: Regulators, Congress Should Enhance Resilience of Nonbank Mortgage Companies

FSOC: Regulators, Congress Should Enhance Resilience of Nonbank Mortgage Companies
FSOC: Regulators, Congress Should Enhance Resilience of Nonbank Mortgage Companies
May 10, 2024  |  Real Estate

The Financial Stability Oversight Committee (FSOC) is encouraging state and federal regulators and Congress to do more to enhance the resilience of nonbank mortgage companies (NMCs). The...

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Simon Property Group Sees ‘Big Comeback’ in Malls
Simon Property Group Sees ‘Big Comeback’ in Malls
May 06, 2024  |  Earnings

Simon Property Group has seen a “big comeback” in malls, driven in part by domestic tourism. The company, which is a real estate investment trust that...

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Rocket Companies Hires Shawn Malhotra to Drive ‘AI-Fueled Homeownership’
Rocket Companies Hires Shawn Malhotra to Drive ‘AI-Fueled Homeownership’
May 06, 2024  |  Personnel

Rocket Companies has hired Thomson Reuters veteran Shawn Malhotra as its first chief technology officer (CTO). In this newly created role, Malhotra will oversee the development and implementation of artificial...

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What the Future of Work Means for CFOs’ Budgets
What the Future of Work Means for CFOs’ Budgets
May 03, 2024  |  CFO

Over $38 billion of U.S. office buildings face loan defaults, foreclosures or other distresses. At the same time, many companies are relocating or centralizing their headquarters. That’s why, for today’s CFOs,...

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Backflip Raises $15 Million to Grow Real Estate Investment Platform
Backflip Raises $15 Million to Grow Real Estate Investment Platform
April 29, 2024  |  Investments

Backflip raised $15 million in a Series A funding round to grow its platform for real estate investors. The company’s real estate and FinTech platform is designed to provide funding...

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CFPB Could Block Lenders From Charging for Title Insurance
CFPB Could Block Lenders From Charging for Title Insurance
April 10, 2024  |  CFPB

America’s leading consumer watchdog is reportedly weighing a sweeping change to the title insurance industry. As Bloomberg News reported Wednesday (April 10), the Consumer Financial...

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Guesty Raises $130 Million to Expand Short-Term Rental, Hospitality Platform
Guesty Raises $130 Million to Expand Short-Term Rental, Hospitality Platform
April 10, 2024  |  Investments

Guesty raised $130 million in a Series F funding round to expand the capabilities and global footprint of its property management software platform for the short-term...

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All-In-One Apps Ease Home-Buying Pain Points Even Post-Deal
All-In-One Apps Ease Home-Buying Pain Points Even Post-Deal
April 05, 2024  |  Real Estate

Beyond the financial cost, purchasing a home can be an extremely complex and time-consuming process. From researching listings to seeking financing and appraisals, buyers find...

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