Current News & Events
Puerto Rican Privacy Groups File Lawsuit to Block FinCEN’s Anti-Money Laundering Rule
Among the organizations in the plaintiffs’ coalition are the Puerto Rico Privacy Association, ViveApto Trust, and Pilar Fiduciary Services LLC. Continue Reading Puerto Rican Privacy Groups File Lawsuit to Block FinCEN’s Anti-Money Laundering Rule
169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
CBRE represented the seller, Harbor Group International LLC, and procured the buyer, JSB Capital. Continue Reading 169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
Redfin Lays Off 46 Employees
The company stated that none of its agents were laid off. Continue Reading Redfin Lays Off 46 Employees
Macy’s and Kohl’s Announce Store Closures
“Closing any store is never easy,” said Tony Spring, chairman and CEO of Macy’s Inc. Continue Reading Macy’s and Kohl’s Announce Store Closures
Teresa Carlile Named President at Ridgeland Mortgage
Carlile was previously operations manager for business insurance at Travelers. Continue Reading Teresa Carlile Named President at Ridgeland Mortgage
FHFA Director Sandra Thompson to Resign Ahead of Trump Inauguration
Thompson was sworn in on June 22, 2022. Continue Reading FHFA Director Sandra Thompson to Resign Ahead of Trump Inauguration
Update: Death Toll in Los Angeles Wildfires Rises to 10; 9,000 Homes Destroyed
Los Angeles Mayor Karen Bass’ leadership during the crisis created a controversy. Continue Reading Update: Death Toll in Los Angeles Wildfires Rises to 10; 9,000 Homes Destroyed
Housing Crisis 2025: John G. Stevens’ Perspective
“As we move further into 2025, the stakes have never been higher,” says publisher John G. Stevens. Continue Reading Housing Crisis 2025: John G. Stevens’ Perspective
Mortgage Rates Inch Closer to 7% Level
The 30-year fixed-rate mortgage averaged 6.93% as of Jan. 9. Continue Reading Mortgage Rates Inch Closer to 7% Level
New Study Details Artificial Intelligence Practices in the Real Estate Sector
The respondents cited document abstraction as the business area with the greatest potential for AI impact. Continue Reading New Study Details Artificial Intelligence Practices in the Real Estate Sector
Survey: Half of Retirees Worry They’ll Outlive Their Savings
Nearly half of retirees said their home is the only thing allowing them to have a comfortable retirement. Continue Reading Survey: Half of Retirees Worry They’ll Outlive Their Savings
Ally Financial to End Mortgage Originations
The digital-only bank’s layoffs will affect less than 5% of its workforce. Continue Reading Ally Financial to End Mortgage Originations
