FHFA says GSE foreclosure prevention actions fell in May
Many young earners face a peculiar situation: “First-week king, third-week pauper”. On the first of the month, the bank balance looks robust, leading to celebratory dining and impulse shopping. By the 20th, anxiety sets in as the balance dips into the low quadruple digits. The problem isn’t a lack of income but of systems. …
Marcus & Millichap recently closed the sale of 49-03 Fifth St., a redevelopment site in Long Island City. The asset sold for $6.1 million. “The depth of the buyer pool in Long Island City is as strong as we have seen it,” said Sean Fopeano in Marcus & Millichap’s New York City office. “Developers remain…
The wheat complex led the grain rally on Friday, following more Black Sea news. Chicago SRW contracts were up 11 3/4 to 22 cents on Friday, with a weekly gain of 35 cents. KC HRW futures led the wheat rally, with contracts up 15 to 33 cents on Friday, as September was 40 ¼ cents…
The National Security Agency (NSA) wants access to “all” artificial intelligence models, NSA Deputy Director Tim Kosiba said Thursday (Aug. 27), according to a NextGov/FCW report. The NSA is carrying out White House directives on AI, and it is holding talks with leading developers as it does so, the report said. Speaking at an Intelligence…
Some aren’t a fan of new federal escrow laws. Ten states have sued the Office of the Comptroller of the Currency over new federal rules that would prevent them from enforcing laws requiring national banks to pay homeowners interest on money held in mortgage escrow accounts. Some weren’t fans of 10 percent credit card caps,…