Record home prices mask ‘multiple housing cycles’ fragmenting U.S. market

Better will pay millions of dollars to hundreds of current and former underwriters to settle a lawsuit over unpaid wages.  Processing Content Attorneys for aggrieved employees filed a motion for preliminary approval of the settlement last week, a deal which will cover 211 opt-in plaintiffs. The lender will issue a total of $7.1 million, although…

Noah Walters is the co-founder of Tower, a custom-built AI platform for every stage of the due diligence process. He previously practiced at Dentons Canada, where he focused on tech regulatory compliance, private M&A, and venture financings as a founding member of the firm’s FinTech and AI industry teams. Noah is based in Canada. Recorded live…

Metro Bank has launched a joint borrower sole proprietor (JBSP) mortgage, allowing first-time buyers to borrow up to 100% loan to value (LTV) with the support of an immediate family member. The mortgage allows applicants to borrow over 95% LTV, up to 100% LTV of the property’s purchase price. Both the borrower and joint…

A four-story office and retail building across the street from the former Macy’s department store in Downtown Brooklyn has traded, Commercial Observer has learned. Midwood Investment & Development, a New York City-based real estate development and management firm, purchased 423 Fulton Street — opposite the former Macy’s at 422 Fulton Street — for $9.5 million,…

K-pop idols are often decked out in luxury clothes from brand deals, but the reality of their careers may look pretty grim. Hyebin, the leader of the six-member girl group Momoland, took to Instagram this week to dispel the illusion that every K-pop idol is rolling in cash. “It has already been more than 10…