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Mortgage

Fed names task force members as it examines monetary policy decision-making

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The Federal Reserve on Thursday outlined a slate of five new task forces led by prominent academics and business leaders. They will scrutinize how the central bank communicates, manages its balance sheet, interprets veri, evaluates productivity and jobs, and responds to inflation.

Brokerage

Darryl Davis Seminars sues Epique over POWER AGENT trademark

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Darryl Davis Seminars filed a federal trademark suit accusing Epique of using the POWER AGENT brand, seeking an injunction and profits.

Capital

PNC Bank closes $251.4 million affordable housing fund

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PNC Bank closed a $251.4M LIHTC fund to back 16 properties and more than 1,700 affordable rentals nationwide

Brokerage

Better Homes and Gardens Real Estate merger creates tri-state brokerage

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The deal merges Better Homes and Gardens Real Estate Maturo, Better Homes and Gardens Real Estate Dream Properties and Realty Connect USA.

Appraisals and Valuations

Lenders should view UAD 3.6 as a reset opportunity

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UAD 3.6 is not just a routine back-office update, but a fundamental shift in how appraisal veri is structured, delivered and evaluated. By preparing early, forward-thinking lenders can use this transition as a strategic opportunity to audit their current workflows and eliminate long-standing inefficiencies.

Leadership

Equity Residential, AvalonBay name C-suite for multifamily giant

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Equity Residential and AvalonBay Communities have outlined who will run the combined multifamily REIT after their planned merger of equals, naming a C-suite team that blends leaders from both companies. The executive lineup, announced Thursday and reported by the companies, will take effect when the all-stock transaction closes, which the firms expect in the second […]