Michael J. Hsu is Acting Comptroller of the Currency. This article is adapted and edited from a speech that was recently delivered during the 2024 Conference on Artificial Intelligence and Financial Stability. Like all technologies, artificial intelligence (AI) can be...
Two new data reports have found housing supply is starting to outpace demand, with a surge of new listings being seesawed by a growing deficit of buyers. Zillow (NASDAQ:Z, ZG) is reporting new listings of houses rose by nearly 13% from one year ago, while the level...
Mortgage applications activity recorded a significant upswing for the week ending June 7, according to the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, shot up by 15.6% on a seasonally adjusted...
The Real Brokerage Inc. (NASDAQ: REAX) has rolled out its Real Partners program, a curated suite of preferred vendors, tools and services for its agents. Real Partners will initially offer 10 businesses that include an array of listing, marketing and professional...
Blaze Capital Partners, a Charleston, South Carolina-based rental housing investment management firm, has acquired Lector 85, a 254-unit apartment community located in the Tampa suburb of Ybor City, Florida. Lector 85 is a Class A mid-rise apartment community built in...
Silverstein Capital Partners, the lending platform of the New York City-based developer Silverstein Properties, announced the appointment of Shawn Katz as president. Katz takes over from Michael May, who is stepping down to pursue other interests. Katz was previously...
Hits and Misses for the Real Estate Week of Aug. 10-14
