Biden’s $1.9T package would extend eviction ban, boost rent relief
President-elect Joe Biden on Thursday outlined a $1.9 trillion emergency relief plan that would have major consequences for real...
Real Estate and Finance
The Latest
RE/MAX revenue rebounds as firm prepares to sublease HQ
Thanks to a strong housing market, RE/MAX Holdings’ brokerage business is returning to pre-pandemic levels. The brokerage reported revenue...
Deutsche Bank: Employees can stay home until mid-2021
Employees at Deutsche Bank won’t have to replace sweats with suits any time soon. The German lender notified staff...
Mortgage-backed securities boom breaks monthly record
Thanks to low mortgage rates and a surge in home-loan refinancing, the number of mortgage-backed securities has skyrocketed. The...
For Sam Zell, it’s all about “foreclosures and opportunities”
Sam Zell’s Equity Commonwealth real estate investment trust has $3.4 billion in cash ready to deploy in these times...
Weekend Edition
The 1% are being hampered by France’s anti-shell company levy
A French court has ordered a Russian businessman to pay a $1.7 million tax bill on a ski resort...
Weekend Edition
Will insurers cover coronavirus-related business losses? We may soon find out
A business insurer’s position that it isn’t required to cover coronavirus-related losses is set to face a legal litmus...
Fed ramps up lending with new $2.3T program
The Federal Reserve is injecting an additional $2.3 trillion in loans to bolster a frozen economy, which continues to be on lockdown as the spread of the coronavirus accelerates. Thursday’s financing announcement came as...
Bank OZK reports uptick in construction lending in Q3
Bank OZK reported an uptick in real estate construction lending in the third quarter amid cooling markets in New...
A rally for real estate stocks amid a tumultuous week for Trump
Real estate stocks have ticked up this week, weathering a downward trending S&P 500 and the extraordinary news that...
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