Fed's Mester says another rate hike in 2019 is possible The Federal Reserve Bank of Cleveland President Loretta Mester said she expects the strong economy may warrant another interest rate hike in 2019. In a speech, Mester explained that she believes the funds rate may need to move just "a bit

HUD awards million in "sweat equity" grants The Department of Housing and Urban Development announced this week that it is awarding $10 million in "sweat equity" grants to a group of nonprofit housing organizations. Sweat equity and volunteer labor may include landscaping, foundation wor

New York City escalates fight against Airbnb, demands listing information New York City is upping the ante in its fight against Airbnb, as the two sides battle it out in court and in the court of public opinion. On Monday, New York City Mayor Bill de Blasio announced that the city is issuing a subp

TIAA’s Nuveen Real Estate plots massive expansion in multifamily market Nuveen Real Estate, a global real estate investment manager owned by TIAA, is planning a significant expansion of its multifamily real estate business in the U.S. Nuveen announced this week that it launching what it calls the

Consolidated Analytics hires new CFO Consolidated Analytics – a provider of property valuation, asset management, due diligence, fulfillment and advisory services for the real estate finance industry – has appointed Mike Jones as its new chief financial officer. A 25-year industry veteran, Jone

HUD guidance for Louisiana flood victims likely delayed due to recent shutdown Nearly 6,000 Louisiana residents who borrowed money from the U.S. Small Business Administration following devastating floods in March and August 2016 are waiting to see if HUD will amend federal rules and open access to

Stewart’s fourth-quarter pretax income improves As it continues to wait on state and federal regulators to rule on its proposed sale to Fidelity, Stewart Information Services Corp. reported a drop in both fourth-quarter and yearly profits and revenue, according to the company’s latest earnings

FTC scrutinizing commercial implications of Fidelity-Stewart deal The chairman of Fidelity National Financial, Inc. said the Federal Trade Commission is examining the commercial competition aspects of its proposed acquisition of Stewart Information Services Corp. Read on to learn more of what Willi

Corinthian Title hires COO California-based Corinthian Title Co. has hired a former CEO and chairman of Investors Title Co. to serve as senior vice president and chief operating officer. Read on to learn who Corinthian selected to serve as COO. Source: thetitlereport.com

First American names deputy chief economist First American Financial Corp. has promoted one of its senior economists to deputy chief economist. Read on for more details. Source: thetitlereport.com