Government-sponsored enterprise Fannie Mae announced on Thursday the appointment of Scott D. Stowell, a homebuilding executive with nearly 40 years of industry experience, to its board of directors. “Mr. Stowell brings nearly 40 years of experience in the U.S. homebuilding industry to Fannie Mae’s accomplished and diverse board, which guides the company’s efforts to responsibly…
All Posts in "Real Estate News" Category
Category archive page
Finance of America (FOA), the reverse mortgage industry’s leading lender, announced its third-quarter 2024 earnings results on Wednesday evening. It delivered adjusted net income of $15 million, or $0.67 per share. The company noted that Q3 2024 marked the fifth consecutive quarter of improved operating performance, including a recovery from the second quarter in which…
Plans to eliminate federal income taxes, enact high tariffs and force the Federal Reserve to cut federal funds rates could tank the housing market, economists say.
In advance of his retirement from the firm, Lorber allegedly underwent a five-hour-long internal inquiry, Bloomberg reported, during which he disclosed intimate relationships with agents Jennine Gourin and Jessica Cohen.