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CBRE IM names Alice Wilcox head of EMEA client solutions
Wilcox returns to CBRE IM from Goldman Sachs Asset Management. Your trusted source for commercial real estate intelligence, insights, and market analysis. Register for free to access two complimentary articles per month, or Subscribe to unlock unlimited CRE intelligence. Already have an account? Log in The post CBRE IM names Alice Wilcox head of EMEA…
NAMB’s White says August condo rule changes will push buyers into higher-rate loans
Kimber White (pictured top), NAMB president, has been making the case for a delay directly on Capitol Hill, including a recent call with the Senate Banking and Finance Committee. He said the FHFA has given no indication it will change course. “They are still pushing that. They’re not going to change that, I think,” White…
UnitedHealth’s AI Bet Paid Off. Now It Is Selling the Playbook
Every claim UnitedHealth processes, every prior authorization it reviews and every patient interaction it handles now runs through artificial intelligence (AI). The company is turning that internal overhaul into a commercial product line. “Virtually everything that we do, we see it basically as the operating infrastructure of the future,” Chairman and CEO Stephen Hemsley said…
Neo Group raises Rs3.5bn in round led by Peak XV Partners
Neo chairman and MD Nitin Jain (seated left) with other top executives. Credit: Neo Group/NewsVoir Indian wealth and asset management firm Neo Group has raised about Rs3.5bn ($36.3m) in a fresh funding round led by existing investor Peak XV Partners. The new investment follows a recent Rs5.5bn capital infusion from TVS Capital. Access deeper industry…
Dudley BS reduces resi, BTL, holiday let and expat rates – Mortgage Finance Gazette
Dudley Building Society has announced a series of rate cuts across its residential, buy-to-let, holiday let and expat mortgage ranges, with reductions of up to 100 basis points (bps). Available for both purchase and remortgage cases, the refreshed range includes reductions across selected two-year and five-year fixed rate products, as well as discounted products. Highlights…
Deutsche Bank waited too long to foreclose, New York court rules
By August 2021, the bank was back, filing a new foreclosure on the same mortgage. This time the borrower answered, raising the statute of limitations, the clock that caps how long a lender has to sue. His point was simple: the bank had run out of time. The trial court agreed. Leaning on the Foreclosure Abuse Prevention…
