Items Tagged with 'WSJ'


  • WSJ: Lennar in talks to sell Rialto Capital to StonePoint Capital

    The largest homebuilder in the U.S. is looking to offload noncore assets
    Lennar is in advanced talks to sell its real-estate lending arm Rialto Capital to StonePoint Capital. According to the Wall Street Journal, the largest homebuilder in the U.S. is trying to shed weight in the face of headwinds dragging on the housing market’s performance.
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  • WSJ: Google exposed user data and didn't tell anyone about it

    Google cited no record of data "misuse" as its justification for silence
    Anonymous sources at Google revealed that the digital titan exposed the private data of hundreds of thousands of Google+ users and withheld the information regarding its slip-up for fear of public backlash, according to The Wall Street Journal. A software glitch in the social site gave outside developers potential access to private Google+ profile data between 2015 and March 2018.
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  • WSJ: Millennials are opting for all-in-one co-living situations

    Co-living is gaining popularity and increasing the scope of its services, and it seems to be a hit
    Co-living properties are growing in popularity and scope. According to a feature by Christopher Mims in The Wall Street Journal, communities that plan out residents’ social lives and take care of all the little time-wasting adult annoyances that pull at their attention after they punch out are fast carving out a niche for themselves in the multifamily market.
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  • WSJ: Antitrust chief to slash merger review times

    Makan Delrahim intends to limit the review process for mergers to six months or less
    The Justice Department’s antitrust chief, Assistant Attorney General Makan Delrahim, said the department is going to significantly reduce the review time of proposed mergers, according to a report by Brent Kendall from the Wall Street Journal. According to data compiled by law firm Dechert LLP, the average duration of significant U.S. merger investigations has been about 10 months in recent years.
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  • The jury is in: This cycle ends in 2020

    Wall Street Journal survey reveals 59% of economists predict a slowdown in 2020
    We have been hearing about this for a while now, but the jury is finally in: Most economists predict this up cycle will end in 2020. America may have less than two fat years to make hay while the sun is still shining on the economy.
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  • Pen pals with your mortgage lender? Yeah, it's a thing

    Life is complicated. When underwriters have questions, they might reach out to you
    Did you know that underwriters often reach out to borrowers via letter? According to a piece in the Wall Street Journal, borrowers shouldn’t be surprised if they are asked to provide a letter of explanation or “comfort letter” to underwriters who are curious about mushy spots in their knowledge of the borrowers’ situations.
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  • Chinese investors are dumping U.S. CRE investments under pressure from Beijing

    Chinese investors are one of the main factors behind increased prices for CRE investments, but now, they are pulling out
    Chinese investors are dumping their commercial real estate investments, a casualty of the escalating trade war between the U.S. and China. According to an article in the Wall Street Journal, Chinese investors sold $1.29 billion of U.S. CRE in the second quarter, while purchasing only $126.2 million. This is the first time the cohort has been a net seller since 2008.
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  • At bloggerheads: The latest #FannieGate rumor challenged by the media

    Settlement rumors stir up fracas among analysts, investors and media
    Rafferty Capital’s Dick Bove recently told clients a Presidential round of golf, included a lawyer whose firm is at the center of the #FannieGate debacle, suggests the White House is pushing everyone to reach a settlement. Seemed harmless enough, but by the afternoon, things started getting really interesting.
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