HECMs see October pickup while HMBS issuance declines

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Patreon is staying put at its offices in Manhattan’s Hudson Square. The membership and monetization platform, which allows creators to build communities and share exclusive content, has signed a sublease renewal for 44,661 square feet at Hudson Square Properties’ 75 Varick Street, according to a monthly office report from CBRE. The renewal was confirmed by…

Choppy Q1 precedes big Q2 for US rates books – Risk.net Skip to main content Close navigation menu End of drawer navigation content Interest rate and inflation swaps hit notional records, data shows, while mutual funds pile into Euribor and Sonia swaptions After a volatile first quarter in rates markets, US mutual funds, exchange-traded funds…

Approximately one in four London landlords who listed properties for sale following the implementation of the Renters’ Rights Act have since returned them to the rental market, according to data from Chestertons. The estate agency’s analysis indicates that five months after the tenancy reforms came into force, a notable proportion of property owners in the…

Registered investment advisors are growing faster than almost every other channel in wealth management, but a looming succession gap threatens to undercut that momentum, according to research presented by Cerulli Associates at Schwab Impact in Boston on Thursday. Stephen Caruso, who leads Cerulli’s RIA research, and Andrew Blake, an associate director on the firm’s wealth…

Mayor Zohran Mamdani is fighting to keep his second home surcharge rollout on track, even after extending a key deadline for a third time. After a Staten Island judge ordered the Mamdani administration last month to scrap its initial implementation of the pied-à-terre tax and start from square one, the city’s lawyers acted quickly to…