Mayor Zohran Mamdani plans to halt New York City’s tax lien sale program and might consider ending the practice. The program began in 1996 and involves the sale of property owners’ unpaid tax liens and water debt at a discount to a private investor-backed trust, which...
Mortgage application activity was on the rise for the week ending March 6, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 3.2% on a seasonally adjusted basis...
FICO (NYSE: FICO) has debuted the FICO Score Credit Insights Lab, a digital platform designed to provide financial institutions with benchmarking data and interactive portfolio modeling tools. According to the Bozeman, Montana-based company, the new platform’s suite...
REMAX (NYSE: RMAX) announced the Rhode Island-based brokerage HomeSmart Professionals has joined its brand. Owned and operated by Dean deTonnancourt, a former REMAX agent, the brokerage will now operate as REMAX Revolution, bringing more than 300 agents from six...
The Las Vegas-headquartered modular housing manufacturer Boxabl Inc. announced the appointment of Shanmugam “Shan” Palaniappan as chief technology officer (CTO). Palaniappan was most recently senior vice president of engineering at Sagent, a mortgage and...