Property News
American
Property News for 5 September 2019
Treasury plan to overhaul Fannie Mae and Freddie Mac allows firms to keep more capital
CNBC - 5 Sep 2019 23:00
The Trump administration released its first formal recommendations to overhaul the housing finance system, and begin the process of removing Fannie Mae and Freddie Mac from government conservatorship, where they have bee...
Biden allies expect natural gas firm founder to remain co-host of fundraiser despite climate outcry
CNBC - 5 Sep 2019 21:11
Goldman is listed as a co-founder of Western LNG on the company's website, alongside entries for the firm's CEO and senior vice president.
Online house-flipper Opendoor buys title company in bid to control more of real estate market
CNBC - 5 Sep 2019 17:45
Online real estate start-ups like Opendoor, Redfin and Zillow want to own more of the homebuying and -selling process. Opendoor, which makes instant offers to buy houses from homeowners, just acquired title and escrow co...
WeWork is targeting lower IPO valuation due to weak demand
CNBC - 5 Sep 2019 15:59
The valuation targets for controversial real estate company WeWork are being dramatically lowered, sources told CNBC's David Faber.
WeWork is dramatically slashing its IPO valuation to less than $25 billion because of weak demand
CNBC - 5 Sep 2019 15:41
Even at a $25 billion valuation, demand for WeWork is weak, people familiar with the matter say. It last raised money at a $47 billion valuation.
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