A total of 1.57 million mortgages secured by residential property (one to four units) were originated in the first quarter, according to new data from ATTOM. This marked a 13% decline from the previous quarter, but it was also a 5% year-over-year increase. The total...
Florida Gov. Ron DeSantis has called for a special session of the state legislature during the week of June 1 to consider a constitutional amendment on residential property tax relief. In announcing the special session, DeSantis also presented his “Save Our Homes from...
The New York State legislature has approved Gov. Kathy Hochul’s proposal to enact a new tax on second homes in New York City valued at $5 million or more. The Wall Street Journal reports the so-called “pied-à-terre tax” is part of the state’s budget legislation and...
The National Fair Housing Alliance (NFHA) has sued the Consumer Financial Protection Bureau (CFPB) to block a new rule that changed the agency’s enforcement policies relating to the Equal Credit Opportunity Act (ECOA) of 1974. The ECOA was designed to prohibit...
Two of the world’s most prominent hospitality and gaming companies are being combined into a single entity as Fertitta Entertainment Inc. announced its acquisition of Caesars Entertainment Inc. (NASDAQ: CZR) in a $17.6 billion all-cash transaction that includes the...