The commercial mortgage-backed securities (CMBS) delinquency rate recorded a 15-basis-point uptick to 4.66% in January, according to data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate was up by 172 basis points from 2.94%. […]
Former boy wonder Blake Ross, 38, who co-founded the web browser Mozilla Firefox when he was just a teenager, is the latest boldface buyer at the Renzo Piano-designed 565 Broome St. condo in Soho. Ross, […]
For seniors who have retired, taking on additional debt that requires a monthly payment while being on a fixed income could have ramifications on quality of retirement, and it should be considered in concert […]
Shutterbug royal Annie Leibovitz is in home-selling mode. The famed photog has listed her full-floor West Village condo — with 60 feet of striking steel windows showcasing the Hudson River — for $8.5 million, according […]
United Wholesale Mortgage (UWM) announced Wednesday that it’s allowing its broker partners to offer a temporary discount of 100 basis points (bps) for conventional rate-and-term refinances. The discount is valid on new loan locks through […]
With house prices and mortgage rates reaching new heights, savvy Americans are exploring alternative paths to climb the property ladder. The answer? Fixer-uppers. Not only do they offer a viable entry point into homeownership, but […]
Josh Team is joining real estate brokerage Serhant as its first-ever president, Inman reported on Monday. After taking a three-year break from the industry, Team, the former president of Keller Williams, chose the brokerage […]
The mansion featured in the wildly popular 2023 thriller “Saltburn” is not a soundstage. It’s real, and it’s been around since the 14th century. The namesake and main shooting location of director Emerald Fennell’s satire […]
Finance of America Companies (FOA) President Kristen Sieffert is bullish on the prospects for the reverse mortgage industry’s leading lender in 2024, particularly after the company went through a series of major changes last […]
The Office of the Inspector General (OIG) that overseeing both the Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau (CFPB) released a report stating that the CFPB’s enforcement […]
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