RE Cost Seg, a New York City-based provider of cost segregation studies for real estate investors, has recruited Zac Prince as CEO. Prince was formerly the founder and CEO of BlockFi, a cryptocurrency financial services […]
The private equity firm Bascom Group LLC has acquired San Miguel Court Apartments, a garden-style multifamily property in Santa Fe, New Mexico. Built in 1974, the 96-unit San Miguel Court features a mix of including […]
A Phil Hall Op-Ed: Housing affordability – or, perhaps more accurately, the lack thereof – has quietly become a major issue in this year’s presidential election. I am using the word “quietly” because for too long […]
Despite the protests of the title insurance industry, Fitch Ratings does not believe the lender title insurance waiver pilot program for certain refinance transactions announced by the Federal Housing Finance Agency (FHFA) on Thursday […]
An oceanfront penthouse in Miami Beach is in contract for a staggering sum exceeding $120 million. If sealed at this price, the deal would shatter previous records and secure its position as the most […]
Who doesn’t love a deal? Homebuyers certainly do. With home prices and mortgage rates uncomfortably high, many aspiring homebuyers are desperate to find ways to save money on what might be the largest purchase […]
Eight months after “Mr. Titanic” Paul-Henri Nargeolet died in the Titan submersible tragedy, his adult children gathered for the sad task of clearing out his belongings from his last home in Pawling, NY. Many of his prized possessions, […]
The Consumer Financial Protection Bureau (CFPB) will be closely scrutinizing what it described as “junk fees” imposed on borrowers when closing a mortgage. Its new priority has provoked strong criticism from the mortgage industry. President Joe […]
The Desjardins Group, a Quebec-based lender, is no longer issuing mortgages in high-risk flood areas, multiple media outlets reported this week. That is stoking concerns that similar measures could be taken in other places, […]
In remarks made Thursday to the Senate Banking Committee this week, Federal Reserve Chair Jerome Powell said he expects some U.S. banks to fail in the coming months because of declining values and defaults […]
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