A Phil Hall Op-Ed: Perhaps the most dramatic economic story of the past week involved the decision by Fitch Ratings to downgrade of the U.S. credit rating from “AAA” to “AA+.” Fitch defined its decision as the result of “a steady deterioration in standards of...
Ambac Financial Group Inc. (NYSE: AMBC), a financial services holding company, has acquired a majority stake in Riverton Insurance Agency Corp., a New Jersey-based insurance services business consisting of a managing general agent (MGA) and a retail agency. Riverton’s...
Florida Gov. Ron DeSantis’ affordable housing director has been suspended from his job less than six months after he was hired. According to combined media reports, Michael DiNapoli, executive director of the Florida Housing Finance Corp., was placed on administrative...
The Black Knight Home Price Index hit an all-time high in June on both seasonally adjusted and unadjusted levels, with nearly every major market experiencing month-over-month growth and 60% of these markets recording annual growth. According to new data from Black...
Most Americans prefer having neighborhoods with larger houses and distant amenities rather than having smaller houses and more amenities in walking distance, according to a new survey from Pew Research Center. In a poll of 5,079 adults conducted last spring, 57% of...
A North Carolina man convicted of mortgage fraud and sent to prison was sentenced to 36 months in prison for violating the terms of his supervised release and structuring transactions to avoid reporting requirements. Ricky Lamont Congleton was sentenced to 66 months...
Midtown Manhattan Building Evacuated After Support Beams Buckled and Bricks…
