Mortgages

Judge orders former nursing home executive to repay $14 million

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A well-known former nursing executive must repay the federal government $13.8 million for fraudulent business practices. U.S. District Court Judge Mary M. Lisi handed down the ruling for the misuse of loans in Anthony Giordano's Rhode Island facilities on Dec. 3.

A rescue plan that delivers more capital to LTC?

A rescue plan that delivers more capital to LTC?

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When it comes to delivering capital for senior living projects, mortgage financing giants Fannie Mae and Freddie Mac have a long but checkered history.