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Hits and Misses for the Real Estate Week of June 12-16

Hits and Misses for the Real Estate Week of June 12-16

by Phil Hall | Jun 16, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

An abandonment of San Francisco commercial mortgages, the Fed presses the pause button and President Biden’s unlikely railroad idea. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Miss: I Left My Mortgage in San...
A Phil Hall Op-Ed: Real Estate and the New Illegal Immigrants

A Phil Hall Op-Ed: Real Estate and the New Illegal Immigrants

by Phil Hall | Jun 12, 2023 | A Phil Hall Op-Ed, Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Last week, New York City Mayor Eric Adams filed a lawsuit against 30 counties in upstate New York for refusing to accept illegal immigrants currently housed across the Big Apple. “Since this crisis began, New York City has — virtually on its own — stepped up to...
GOP Governors Call on Biden to Rescind LLPA Changes

GOP Governors Call on Biden to Rescind LLPA Changes

by Phil Hall | May 31, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A coalition of 18 Republican governors called on the Biden administration to reverse the Federal Housing Finance Agency’s (FHFA) changes to the Fannie Mae and Freddie Mac loan level pricing adjustment (LLPA) structure for borrowers seeking a mortgage. “The new LLPA...
NYC Officials Seeking Vacant Office Properties to House Illegal Immigrant Influx

NYC Officials Seeking Vacant Office Properties to House Illegal Immigrant Influx

by Phil Hall | May 17, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

New York City officials have begun to hunt through real estate listings for vacant office space in an attempt to find available shelter for the growing number of illegal immigrants that are being relocated into the city following the termination of Title 42. The New...
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