Multifamily vacancies rise as construction boom unwinds

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The government has lost another bid to prematurely end a multimillion dollar redlining consent order against a bank. Processing Content The Trump administration had sought to terminate a five-year deal reached in 2022 with the New Jersey-based Lakeland Bank. A federal judge last Friday ruled the depository, now owned by Provident Bank, must continue its…

Winkworth has appointed Jack Spellman as its Franchise Operations Lead, a role that will see him work directly with the estate agency’s network of more than 100 franchisees across the UK. Spellman brings experience from multiple property sector roles, having started in estate agency in his early 20s at a family-run operation before moving to…

Hedging, Credit, Anti-Fraud Tools; STRATMOR on Borrower Satisfaction; Fannie’s $4 Billion Earnings Quarter “Technology is dominated by two types of people: Those who understand what they do not manage, and those who manage what they do not understand.” Even if you’re a 90-year-old LO using a rotary phone, the rest of your company,…

SK Hynix rose 13% in its first day of trading on Nasdaq, closing at $168.01, as U.S. investors jumped at the opportunity to get a stake in South Korea’s second-most valuable company. The stock is trading under the ticker symbol SKHYV, and will switch to SKHY as of Tuesday. The stock opened at $170 and…

Key Points Making history and surpassing milestones is nothing new for America’s leading retirement program. A second consecutive year with a “Trump bump” can lead to Social Security’s cost-of-living adjustment (COLA) making history in a nontraditional way. Additionally, some retired workers should enjoy a rare silver lining in 2027. The $23,760 Social Security bonus most…