A commercial property on Atlantic City’s Boardwalk that once produced the New Jersey resort’s famous saltwater taffy souvenirs is being developed as a mixed-use project for artists. Shore Local News reports the former James Candy Company property will undergo a $20...
Ginnie Mae issued $53.1 billion in total mortgage-backed securities (MBS) during July, resulting in net portfolio growth of $20.5 billion. Last month’s issuance grew the agency’s MBS portfolio outstanding grew to $2.99 trillion. In addition, Ginnie Mae facilitated the...
A New York state appellate judge ruled that New York City Mayor Zohran Mamdani can continue with the rollout of pied-Ã -terre tax while it continues to face a legal challenge. On Monday, Staten Island Judge Wayne Ozzi on Monday issued a temporary restraining order...
Florida Attorney General James Uthmeier has submitted new ballot language for the Amendment 3 measure after a judge ruled the original text was “clearly and conclusively defective.” Amendment 3 would increase homestead exemptions for state residents who...
As of July 31, major US retailers announced 3,255 store openings and 3,399 store closures year-to-date, according to a new data report from Coresight Research. This resulted 144 net store closures, compared with 1,778 net store closures in the comparable period of...
After five consecutive weeks on the rise, mortgage rates finally took a very mild dip. According to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC), the 30-year fixed-rate mortgage averaged 6.67% as of Aug. 13, down from last week when it...
Serial Squatter Sentenced to 20 Years in Texas Fraud Case
30-Year Fixed-Rate Mortgage Rises to 6.71%, Highest Level in Over a Year
