Real Estate
NIEUWEGEIN, The Netherlands, December 16, 2011 -
Ballast Nedam has entered into negotiations with Resorts of the Canadian Rockies Inc.
WASHINGTON, December 15, 2011 -
Fannie Mae (OTC Bulletin Board: FNMA) priced its eighth Multifamily DUS REMIC in 2011 totaling $513 million under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on December 13, 2011.
WASHINGTON, December 15, 2011 -
- STAR Program Drives Improved Customer Service and Foreclosure Prevention Outcomes; Several Servicers Make Strides in Third Quarter
Today, Fannie Mae(OTC Bulletin Board: FNMA) announced Servicer Total Achievement and Rewards (STAR) Program results through the third quarter of 2011. The STAR program, announced in February 2011, measures the performance of servicers with an emphasis on foreclosure prevention. Encouraging servicer improvements through the STAR Program is an important component of Fannie Mae's overall efforts to prevent foreclosures and stabilize neighborhoods.
"The STAR program evaluates servicers' capabilities and results and holds them accountable for preventing foreclosures and protecting the interests of American taxpayers," said Tara Clayton, Vice President of Servicer Review and Measurement, Fannie Mae. "STAR is making a difference when it comes to increasing servicers' focus on areas of critical importance to homeowners, Fannie Mae, and the market."
Servicers are categorized into three peer groups based on the number of Fannie Mae loans they service and measured based on performance metrics and results from operational assessments across key business processes. As of the end of the third quarter, the following servicers are on track to be at or above median performance in order to achieve at least a three STAR rating for 2011:
Peer Group One (consisting of 11 servicers) - CitiMortgage, Inc., Everbank, GMAC Mortgage, LLC (Ally Bank), Wells Fargo, N.A.
HONG KONG, December 13, 2011 -
Goodman Group (Goodman or Group)is pleased to announce thatCanada Pension Plan Investment Board(CPPIB) and Goodman have increased their equity commitment in the 80/20 joint venture, Goodman China Logistics Holding (GCLH).
SAN FRANCISCO, December 13, 2011 -
Open Compute Foundation Is Industry Initiative to Increase Pace of Innovation and Access to Scale Computing Technology
Digital Realty Trust, Inc.
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