The law firm Seward & Kissel LLP announced Sean Thorsen has joined its New York City office as a counsel in the real estate group. Throughout his 15-year career, Thorsen has advised financial institutions, private lenders, and borrowers on commercial real estate...
Nomura Securities International (NSI), the U.S.-based broker-dealer subsidiary of Japan’s Nomura Holdings (NYSE:NMR), has reached a $35 million settlement with the U.S. Department of Justice relating to its fraudulent trading of residential mortgage-backed securities...
July was a slow month for home sale transactions in Alabama, according to new data published by the Alabama Association of Realtors (AAR). The state recorded 6,084 home sales last month, a 33.3% decline from the 3,043 sales in July 2022. The median sales price of...
Existing home sales were in retreat last month, according to new data from the National Association of Realtors (NAR). During July, completed transactions were down 2.2% from June to a seasonally adjusted annual rate of 4.07 million. On a year-over-year measurement,...
The best real estate markets in the country can be found (clap clap clap clap) deep in the heart of Texas, according to a new data study from WalletHub. The foundation of WalletHub’s 2023 Best Real Estate Markets report, 300 cities were evaluated across a 17-metric...
The total number of loans in forbearance during July totaled approximately 195,000, according to data from the Mortgage Bankers Association (MBA). This represents a 5-basis-point decline from 0.44% of servicers’ portfolio volume in June to 0.39% in July. In July 2023,...
Midtown Manhattan Building Evacuated After Support Beams Buckled and Bricks…
