Loan officers see e-closing momentum, but borrowers remain key to adoption

President Droupadi Murmu has given her assent to the Taxation and Other Laws (Amendment) Act, 2026, and another law to amend the Payment and Settlement Systems Act of 2007. The bills were passed by Parliament on August 10. The Taxation and Other Laws (Amendment) Act, 2026, and an Act to further amend…

New Jersey developer Fadi Samaan has landed $23.5 million of U.S. Department of Housing and Urban Development (HUD)-backed debt to refinance a multifamily complex in Passaic, NJ., Commercial Observer has learned. Dwight Capital supplied the HUD 223(f) loan on the 104-unit Station at Passaic Phase II development, completed in 2024. The deal, which was originated…

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The Central Board of Direct Taxes (CBDT) has notified the Cost Inflation Index (CII) at 384 for FY2026-27, a move that will help certain taxpayers lower their long-term capital gains (LTCG) tax by accounting for inflation. However, unlike earlier years, the benefit is now available only to a limited group after changes introduced in the…

The generational contrast is notable. Most millennials said they would stretch their monthly housing budget by up to $500 to secure the right home; most Gen Zers drew the line at $300, with a majority indicating they would only be comfortable adding $150 per month. NewHomeSource Gen Z homebuyer survey 2026: location flexibility and home…