Benzinga, Dec. 13, 2021–Phil HallNearly 730,000 retail, office and multifamily properties in the continental U.S. face significant risks of flood damage over the next three decades based on dramatic climate …
Category: Top National News
Massive New Apartment Development Coming to Hudson River Waterfront
Real Estate Weekly, Dec. 13, 2021 New York developer The Maxal Group and partner Envirofinancing Group are set to build 1,200 new apartments on 19 acres of the Hudson River …
Evergrande Chairman Forced To Trim Stake As Default Seems Inevitable
National Mortgage Professional, Dec. 13, 2021–Katie JensenThe chairman and co-founder of Evergrande, Hui Ka Yan (Xu Jiayin in Mandarin), has been forced to cut his stake from the company, according …
When Lenders Go Wild: Mortgage Broker Brawl Goes Viral
Inman, Dec. 13, 2021–Marian McPhersonA fight between 2 groups of mortgage brokers believed to be in Atlantic City for the Triple Play Realtor Convention and Trade Expo went viral, sparking …
Opinion: CFPB Goes Rogue under Rohit Chopra
National Mortgage News, Dec. 13, 2021–Christopher Whalen (subscription)The CFPB seems to have been turned loose by Chopra in a redux of the bad old days under former director Richard Cordray, …
loanDepot Patron to Acquire Majority Stake in KBRA
Inside Mortgage Finance, Dec. 13, 2021–Brandon IveyParthenon Capital Partners is set to acquire a majority stake in Kroll Bond Rating Agency, the rating service announced Monday. Terms of the transaction …
“The Whole Market Can Shift on a Dime”
Mortgage Professional America, Dec. 13, 2021–Richard TorneOne mortgage industry veteran, Tim Fisher, noted how one product–non QM–sent tongues wagging in the broker community at the recent National Mortgage Bankers convention …
Massive New Apartment Development Coming to Hudson River Waterfront
Real Estate Weekly, Dec. 13, 2021New York developer The Maxal Group and partner Envirofinancing Group are set to build 1,200 new apartments on 19 acres of the Hudson River waterfront …
Americans Expect Higher Prices for Another Year–with One Big Exception
MarketWatch, Dec. 13, 2021–Elisabeth BuchwaldIn the first quarter of 2022, The Mortgage Bankers Association, an industry trade group, forecasts median existing home prices will hover around $363,900. But by the …
REITs Are Poised to End Year on High Note
Wealth Management Real Estate, Dec. 13, 2021–David Bodamer With healthy balance sheets and solid commercial real estate fundamentals, publicly traded real estate investment trusts remain on strong footing headed into …