The Consumer Financial Protection Bureau (CFPB) has proposed a rule to implement a Congressional mandate to establish consumer protections for residential Property Assessed Clean Energy (PACE) loans. According to the CFPB, the proposed rule would require lenders to...
New York Gov. Kathy Hochul and New York City Mayor Eric Adams announced the launch of Future Housing Initiative, a partnership investing $15 million for creating 3,000 energy-efficient and all-electric affordable homes in New York City. Formally titled the New...
Inland, South Carolina-based Movement Mortgage has recruited Brady as national sales director. According to a statement from the company, Yeager “will lead the expansion for Movement across the country” by growing the company’s sales team. Yeager was previously...
Every now and then, some well-intentioned politician, bureaucrat or housing industry leader looks at the U.S. homeownership rate and declares that something must be done to increase the number of people who own their residence – particularly those within historically...
Berkshire Hathaway Vice Chairman Charlie Munger is raising multiple red flags over the state of U.S. banking, warning that financial institutions are “full of” what he said claimed are “bad loans” from the commercial real estate sector. In an interview this weekend...
A surplus of empty office space could be transitioned to help address a deficit of available housing in 14 major North American markets, according to a new data report from Avison Young. Looking at more than 26,000 buildings, Avison Young determined...