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Mortgage Credit Availability Improved in February
Access to mortgage credit increased in February, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA). The MCAI rose by 1.1% to 107.1 in February. A decline in the MCAI indicates that lending standards are...
Mortgage Credit Availability Improved in February
“Most of last month’s supply growth was in loan programs that allowed for cash-out refinance and on investor homes,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved in February
Bessent: Trump Fed Chairman Choice Could Be Unveiled ‘As Soon as Next Week’
Treasury Secretary Scott Bessent announced that President Trump is very close to making his selection for the next Federal Reserve chairman. “My guess is the president will reach a decision maybe as soon as next week,” said Bessent during a CNBC interview at the World...
Connecticut Freezes Property Tax Assessments on Farmland
Connecticut Gov. Lamont announced a freeze on property tax assessments for the state’s farms amid warnings that farmers would face severe tax hikes that would imperil their operations. In a letter to the state’s Office of Policy and Management, Lamont ordered the...
Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs
The Federal Home Loan Bank of Chicago (FHLBank Chicago) has launched the 2026 iteration of its Downpayment Plus and Downpayment Plus Advantage grant programs with a $28 million allocation to help income-eligible homebuyers across Illinois and Wisconsin. Working in...
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Powell to Attend Supreme Court’s Oral Arguments for Lisa Cook Mortgage Fraud Case
Cook was accused of mortgage fraud in a criminal referral made by Bill Pulte, the director of the Federal Housing Finance Agency. Continue Reading Powell to Attend Supreme Court’s Oral Arguments for Lisa Cook Mortgage Fraud Case
Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections
Judge David Jones said he was “satisfied” with Summit’s plan to mitigate the more than 6,500 housing code violations in Pinnacle’s portfolio. Continue Reading Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections
New York Stock Exchange Develops Tokenized Securities Platform
The platform will support trading of tokenized shares fungible with traditionally issued securities as well as tokens natively issued as digital securities. Continue Reading New York Stock Exchange Develops Tokenized Securities Platform
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Financial Services Software Provider MeridianLink Sold for $2 Billion
Upon closing of the transaction, MeridianLink will become a private company. Continue Reading Financial Services Software Provider MeridianLink Sold for $2 Billion
Trump Hints at Merged Fannie-Freddie with November Listing on NYSE
Trump has recently met at the White House with several chief executives at major banks to discuss strategies for the privatization of Fannie Mae and Freddie Mac. Continue Reading Trump Hints at Merged Fannie-Freddie with November Listing on NYSE
Report: Cash-Out Refinances Fuels Most Refinancing Activity
The report also found tappable equity hit another record high during the second quarter. Continue Reading Report: Cash-Out Refinances Fuels Most Refinancing Activity
Cindy Konich to Retire as Chief Executive at FHLBank Indianapolis
The bank’s board of directors has named Brendan McGrath as her successor, effective Oct. 1. Continue Reading Cindy Konich to Retire as Chief Executive at FHLBank Indianapolis
Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
The three-story, Tudor-style 5,300-square-foot residence on a 2.02-acre property was built in 1901. Continue Reading Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
NYC to End Lease with Last Major Hotel Housing Migrants
The migrants now housed at the Row will be moved to other facilities within the city’s homeless shelter system. Continue Reading NYC to End Lease with Last Major Hotel Housing Migrants
Delaware Association of Realtors Seeks Applicants for Minority Real Estate Scholarship
. Applicants must be permanent Delaware residents and preference will be given to American citizens. Continue Reading Delaware Association of Realtors Seeks Applicants for Minority Real Estate Scholarship
Hits and Misses for the Real Estate Week of Aug. 4-8
An unwelcome package in the mail, another retailer declaring bankruptcy, and an unlikely new officer at a tenants’ right nonprofit. Continue Reading Hits and Misses for the Real Estate Week of Aug. 4-8
Apartment Rent Growth Continues to Slow
July marked the sixth straight month of flat or negative monthly growth. Continue Reading Apartment Rent Growth Continues to Slow