Real estate investment trust Two settled its long-running litigation with its former external manager Pine River for a one-time payment of $375 million. The dispute escalated in July 2020, when Pine River and affiliated entities dismissed a state court legal filing and instead pursued the case in federal court. At the same time, Two, the […]
Two settles litigation with former advisor for $375M Read More »
Mortgage rates were unchanged as the markets await what Federal Reserve Chairman Jerome Powell will say on Friday. At the same time, a 10-basis point rise in the 10-year Treasury between Aug. 13 and Aug 18 was partially reversed by two days later in anticipation of a speech possibly hinting at September Fed Funds Rate
Mortgage rates remain flat as markets wait for Powell speech Read More »
If you tried to buy a home a few years ago, you probably still remember the frenzy. Homes were listed one day and gone the next. Sometimes it only took hours. You had to drop everything to go and see the house, and if you hesitated even slightly, someone else swooped in and bought it
From Frenzy to Breathing Room: Buyers Finally Have Time Again Read More »