Atlantic Bay Mortgage Group hires Gregory S. Richardson as CRO
Gregory S. Richardson has joined Virginia-based Atlantic Bay Mortgage Group as chief revenue officer, the company announced Thursday. In his new role, Richardson will lead enterprise revenue strategy and alignment across production, capital markets, product development and institutional investor rel
California bills target condo deposits and defect liability
California lawmakers are weighing bills that would reduce regulatory barriers to revive condominium construction, which has dropped significantly from its peak in the years before the Great Recession. Assembly Bill 1406 would raise the state’s liquidated-damages limit on new condominium sales from 3
Lennar land bank exposure under the microscope
All eyes are on Lennar’s forthcoming 10-K filing, maybe as soon as Thursday, as a wave of investor questions converges around one central issue: How much financial risk – recognized or not – sits inside the company’s land-light strategy? In recent days, that question has pitched from a routine analy
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