Mike Cagney’s Figure Technology Taps Tannenbaum as Its New CEO
Figure Technology Solutions Inc. tapped Michael Tannenbaum as its new chief executive officer, ahead of the financial-services firm’s potential initial public offering.
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Figure Technology Solutions Inc. tapped Michael Tannenbaum as its new chief executive officer, ahead of the financial-services firm’s potential initial public offering.
Sales of new homes in the US bounced back broadly in March as an abundance of inventory helped drive prices lower.
Hong Kong developer Lai Sun Development Co. is considering options for a planned office tower in the City of London, including a potential sale of a stake in the project.
Germany’s financial regulator BaFin is taking a closer look at the real estate used by lenders to secure covered bonds known as Pfandbriefe, a €400 billion market traditionally considered among the safest in credit.
Taylor Wimpey Plc is failing to see lower mortgage rates translate into higher levels of home sales and is maintaining its forecast for fewer deals in 2024.
Jan 16, 2022
Bloomberg News
,(Bloomberg) -- Singapore home sales fell last month, as the government imposed measures to cool the property market.
Purchases of new private apartments declined to 650 units in December, Urban Redevelopment Authority figures showed Monday. That’s 60% lower than the 1,547 units sold in the previous month.
Singapore authorities imposed property curbs on Dec. 16 for the first time since 2018 to cool a market that saw home prices surge the most in more than a decade. The measures include higher stamp duties for second-time home buyers and foreigners as well as tighter loan limits.
Read how Singapore’s property curbs may be a short-term fix
Sales may continue to slow in the first few months of 2022, according to Bloomberg Intelligence. But the cooling measures may end up being a short-term fix in a market with an insatiable appetite for homes, with analysts previously saying they expect transactions to rebound as early as the second half of the year.
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