A Miami real estate agent was sentenced to three-and-a-half years in prison for fraudulently obtaining Covid-19 relief loans and grants under the Paycheck Protection Program (PPP) and the Economic Injury Disaster Relief Program. Daniela Rendon was accused of...
Greenbacker Capital Management (GCM), a New York City-based renewable energy asset manager, has hired David Zackowitz as head of real estate investments. In his new role, Zackowitz will lead GCM’s fourth sustainability driven investment strategy, focused on acquiring...
Home sales in July were down by 14.7% from June and down by 16.1% compared to one year earlier, according to new data from RE/MAX (NASDAQ:RMAX). This marked the first time since April that month-over-month sales recorded a decline. “The market is playing out...
Celebrity chef Bobby Flay has listed his vacation home in the horse racing mecca of Saratoga Springs, New York, for $3.295 million. The 0.21-acre property features a 3,087-square-foot Tudor-style residence with four bedrooms, three-and-a-half bathrooms and (of course)...
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $534 on each loan they originated in the second quarter, according to data from the Mortgage Bankers Association (MBA). The second quarter results marked an...
UFCU, the Austin-based credit union with $4.676 billion in total assets, has hired Christy Soukhamneut as chief lending officer. In her new role, she will be responsible for overseeing the consumer lending organization, which includes mortgage and direct auto lending,...