real estate news 2020
- REAL ESTATE
Private island in Alaska to hit the market for $20M
Passage Island (Fay Ranches, iStock) A private island in Alaska that adds 12 acres at low tide will hit the…
Read More » - REAL ESTATE
How Do I Prove That I Can Pay the Rent if I Don’t Have a Monthly Salary?
Q: I’m a retiree with no income but significant liquidity, and I’m wondering how a person without a traditional source…
Read More » - REAL ESTATE
To Thwart Barnett, Hell’s Kitchen Landlord Files Bankruptcy
Extell’s Gary Barnett, Robert Gans and an aerial of 616 11th Avenue (Robert’s Steakhouse, Google Maps) Robert Gans, owner of…
Read More » - REAL ESTATE
Ex-employees sue FGMC for discrimination, retaliation
Three former employees are suing First Guaranty Mortgage Corporation (FGMC) and financial backer Pacific Investment Management Company (PIMCO), alleging they…
Read More » - REAL ESTATE
Pandemic loss mitigation had a 10% redefault rate in June
Early numbers suggest mortgages in COVID-19 loss mitigation programs will have a 10% redefault rate, according to the Federal Reserve…
Read More » - REAL ESTATE
After 50 bps fee backlash, FHFA will review capital rule
The Federal Housing Finance Agency (FHFA) will review the enterprise regulatory capital framework in the “near term,” officials said — after getting an…
Read More » - REAL ESTATE
Kohl’s Looking to Cash in on $8B Real Estate Portfolio
Kohl’s CEO Michell Glass (Kohl’s, iStock) Sale talks between Kohl’s and Franchise Group are off. A sale of Kohl’s massive…
Read More » - REAL ESTATE
MSR market closes June on $5.2B high note, but has it peaked?
The mortgage-servicing rights (MSR) market continued to defy gravity and remained upward bound as June came to a close. On…
Read More » - REAL ESTATE
Bronx BP Vanessa Gibson Backs Throggs Neck Rezoning
From left: Marjorie Velázquez, Vanessa Gibson, and Dan Garodnick with Bruckner Boulevard (Getty, NYC Department of City Planning) In one…
Read More » - REAL ESTATE
AnnieMac buys OVM to expand mid-Atlantic coverage
AnnieMac Home Mortgage, a nationwide lender based in Mount Laurel, New Jersey, is expanding its mid-Atlantic reach through its acquisition…
Read More »
