The Federal Housing Finance Agency has cut down multifamily lending caps for Fannie Mae and Freddie Mac. Los Angeles Times look at how Redondo Beach, Calif., has tried to prevent the town’s growth. These are among today’s must reads from around...
The decrease in October moving intentions was the sixth straight and coincides with a rapid run-up in mortgage rates, according to the Federal Reserve Bank of New York survey data.
The Shanghai-based group has been informally fielding interest from potential buyers of Club Med. It could seek to value the business at around $1.5 billion in any transaction, according to the people.