Bill Giambrone, the co-founder of Platinum Home Mortgage Corp. and the Community Home Lenders Association (CHLA), passed away on Aug. 5 at the age of 60. Giambrone teamed with his brother Michael Giambrone to create Platinum Home Mortgage in 1993. Thirty years later,...
A Manhattan landlord who holds the notorious distinction as topping the “worst landlord” list published by the New York City Public Advocate could be going back to prison for failing to make hundreds of court-ordered repairs at the two apartment buildings he owns....
Nearly one in every five (17.3%) house hunters are willing to sacrifice their physical safety to find a home they can afford within the next year, according to a new survey of 3,000 homeowners and renters from Redfin (NASDAQ:RDFN). Among age demographics, nearly one...
The government-sponsored enterprises (GSEs) Fannie Mae (OTCMKTS: FNMA) and Freddie Mac (OTCMKTS: FMCC) are reportedly preparing tougher rules for multifamily property lenders and brokers. According to a Wall Street Journal report sourced from unnamed “people familiar...
Hawaii Gov. Josh Green announced a $4 billion settlement resolving all tort claims arising from the Maui wildfires. According to a statement from the governor’s office, the seven defendants – the State of Hawaii, County of Maui, Hawaiian Electric, Kamehameha Schools,...
Massachusetts Gov. Maura Healey has called on the financially ailing Steward Health Care to follow the state’s Department of Public Health regulation that requires hospital owners to provide 120 days’ notice before closing a medical facility. The Associated...
