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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
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  • [ December 20, 2024 ] Hits and Misses for the Real Estate Week of Dec. 16-20 Weely Real Estate News
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Valuation Fraud Case
Weely Real Estate News

NY Attorney General Questions Trump’s Bond in Valuation Fraud Case

April 5, 2024 Mariel Alumit Comments Off on NY Attorney General Questions Trump’s Bond in Valuation Fraud Case

New York Attorney General Letitia James is challenging the $175 million bond posted by former President Donald Trump in his valuation fraud case by questioning the qualifications of the California company that put up the […]

40 Wall Street
New York Post

NY AG Letitia James seizing Trump’s 40 Wall Street would be a huge loss for the city — and our democracy

March 25, 2024 Mariel Alumit Comments Off on NY AG Letitia James seizing Trump’s 40 Wall Street would be a huge loss for the city — and our democracy

If state Attorney General Letitia James seizes Donald Trump’s 40 Wall Street — his largest real estate asset by far — the worse damage would be to New York City. The troubled but functional landmark […]

Attorney General
Weely Real Estate News

NY Attorney General Begins Process to Seize Trump’s Westchester Properties

March 22, 2024 Mariel Alumit Comments Off on NY Attorney General Begins Process to Seize Trump’s Westchester Properties

New York Attorney General Letitia James has filed judgments in what appears to be her first effort to seize properties belonging to former President Donald Trump. According to combined media reports, James’ office entered judgments on March 6 with the […]

Billy Joel
New York Post

Billy Joel, Alec Baldwin pull NY estates off market as mortgage rates soar

November 15, 2023 Mariel Alumit Comments Off on Billy Joel, Alec Baldwin pull NY estates off market as mortgage rates soar

They’re not “Movin’ Out” after all. In a bold move amid the uncertain tides of the real estate market, two iconic New Yorkers, Billy Joel and Alec Baldwin, have opted to retain their lavish estates, […]

Yankees
Celebrities

Yankees great Bernie Williams lists longtime NY home for $2M

November 10, 2023 Mariel Alumit Comments Off on Yankees great Bernie Williams lists longtime NY home for $2M

In a pitch-perfect move, former Yankees star Bernie Williams, born Bernabé, has stepped up to the plate and listed his longtime White Plains penthouse for just under $2 million, The Post has learned. Located at […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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