A bill that was recently introduced in the New York City Council would require landlords to buy, install and maintain air conditioning units or cooling systems for their tenants. Although 91% of the city’s households have air conditioning, roughly 350 New Yorkers die...
The U.S. Department of Housing and Urban Development (HUD) has proposed a new rule to govern the sale of seriously delinquent single-family mortgage loans insured by the Federal Housing Administration (FHA). The proposed rule includes changes made during a...
The annual pace of Canadian housing starts dropped by 9% from May to June, according to new data from Canada Mortgage and Housing Corp. (CMHC), adding the seasonally adjusted annual rate of housing starts in June amounted to 241,672 units, down from 264,929 in May....
The San Francisco-headquartered insurtech Embroker is now offering a specialized coverage program designed for real estate agents and brokers. According to the company, the coverage program offers professional liability, cyber, business owners, and worker’s...
Motto Mortgage has expanded into the New Hampshire market with the opening of its new franchise office Motto Mortgage Sail Home in Nashua. The new office was established by David Duplessis, whose 35 years of industry experience includes work at Wells Fargo Home...
The Miami-based fintech start-up Waltz Inc. is now offering foreign investors a platform to invest in and purchase US residential real estate within a 30-day period. Waltz is currently available in nine states – Alabama, Florida, Georgia, Maryland, Mississippi, North...
Hits and Misses for the Real Estate Week of Aug. 10-14
