Linda Foggie, Turner & Townsend
Linda Foggie is senior vice president and head of the New York office for Turner & Townsend, a global commercial real estate consultancy. Previously, Foggie was a vice president with Wells Fargo, where she led a team of real estate professionals involved in numerous construction projects, including the $1 billion Hudson Yards project in New […]
Commercial Spotlight: Texas
The Lone Star State hasn’t lost its luster.
Residential Spotlight: Texas
The Lone Star State boasts a strong and diverse economy.
Residential Spotlight: Texas
The Lone Star State boasts a strong and diverse economy.
Potential home-price declines would cut into equity
This past summer saw the national CoreLogic Home Price Index (HPI) record annual price growth of 4% to 5%, about a percentage point higher than the prior summer. This occurred despite much higher unemployment rates and shelter-in-place restrictions in many local markets. What drove the steeper appreciation this year and what lies ahead in 2021? […]
Kimber White, National Association of Mortgage Brokers
NAMB aims to speak up for brokers and consumers
Shashank Shekhar, Arcus Lending
No. 4 Top Mortgage Brokers, No. 31 Top Dollar Volume (2019)
A new GSE fee could slow the refinancing boom
The Federal Housing Finance Agency (FHFA) created fury in the mortgage industry this past August when it first announced a 50 basis-point “adverse-market fee” on Fannie Mae- and Freddie Mac-purchased refinance loans. This anger largely died down when the regulator quickly backed away from its original plan to implement the charge in September 2020 and […]
Foreign investors are staying home during COVID-19
During the pandemic-impacted first half of this year, the majority of foreign investors were neither active buyers nor sellers of U.S. commercial real estate. “Generally, people are just kind of waiting,” says Jim Costello, senior vice president of Real Capital Analytics (RCA), which tracks commercial-property deals valued at $2.5 million or more. Through the first […]
Notable mortgage industry hires and promotions, October 26-October 30
Burke Black Knight has announced that Catherine (Katie) L. Burke, currently chief strategy officer at Daniel J. Edelman Holdings, has been elected to serve on the company’s board of directors. Burke has been chief strategy officer at Edelman since January 2019. Additionally, she is the head of the Practices, Sectors and Intellectual Property division at […]