CBRE (NYSE:CBRE) has hired Michael Joyce as vice chairman in its Boston office, where he will join the urban leasing team and focus on investor and occupier leasing. Joyce was previously vice chairman of Cushman […]
Empire State Realty Trust Inc. (NYSE: ESRT) has signed Greater New York Mutual Insurance Company (GNY Mutual) for a new full-floor, 52,116 square foot space in the iconic Empire State Building. “We are pleased to […]
A new trade association for real estate professionals, an increased focus on Native American housing and a historic church’s unexpected collapse. From the wild and wooly world of real estate, here are the hits and […]
The late Barbara Walters’ former Upper East Side home is back on the market for the lower price of $16.99 million — after a buyer walked away from a signed deal and a hefty deposit, Gimme […]
Delinquencies rose in December but the rise is mostly due to the calendar: December ended on a Sunday, so payments made on the last day of the month were credited to January. As a result, […]
Mortgage demand continued to increase last week, as seen in an uptick in purchase activity. Mortgage applications rose by 3.7% in the week ending Jan. 19 compared to one week earlier on a seasonally adjusted […]
Fannie Mae has announced updates to its HomeReady product, including a temporary $2,500 credit for very low-income purchase borrowers to use for down payment and closing costs. Another step the government-sponsored enterprise took was to […]
The Mortgage Bankers Association (MBA) reported the total number of loans now in forbearance decreased by 3 basis points to 0.23% as of Dec. 31. According to MBA’s estimate, 115,000 homeowners are in forbearance plans. […]
The number of new condominium communities and homeowners associations is expected to increase by more than 3,000 in 2024, according to projections published by the Foundation for Community Association Research, an affiliate organization of Community […]
New Jersey-based TD Bank has decided to invest $10 billion in affordable homeownership initiatives by 2027, including providing loans and liquidity to the residential lending market. The investment represents half of the bank’s three-year Community Impact […]
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