California Gov. Gavin Newsom issued an executive order designed to limit the construction of high-density housing in the Los Angeles County areas impacted by the recent wildfires. The order dilutes Senate Bill 9 (SB 9), which was signed into law four years ago to...
Two days after the Federal Reserve opted to hold rates again, President Trump has renewed his attacks on Chairman Jerome Powell – and this time, he is calling for a leadership revolt within the central bank’s leadership team. In a posting on Truth Social, the...
Wells Fargo & Company (NYSE: WFC) has announced CEO Charlie Scharf will become the chairman of the board. When Scharf becomes chairman, the Wells Fargo board intends to appoint a lead independent director. Scharf will receive a one-time special equity grant...
Commercial and multifamily mortgage loan originations during the second quarter were up by 48% from the first quarter and up 66% from one year earlier, according to data from the Mortgage Bankers Association (MBA). On a year-over-year measurement, there was a 140%...
The Link at Uptown, a Class AA office tower in the Uptown submarket of Dallas, has been sold for $218 million. Built in 2021, the 25-story Link at Uptown totals 292,000 square feet and features a tenant base that includes Houlihan Lokey, PMG and McGuireWoods. The...
The confidential data of New York City residents who applied for the municipal affordable housing lottery program may have been exposed in a data breach. CBS News reports a website used to internally sort applications in the city’s Housing Connect lottery...
I Sat In a Room and Watched Someone Describe America’s Mortgage Appli…
