Affordable Housing Preservation in New York City Gets New Focus

Inflation remains a hot topic, directly impacting everything from your grocery bill to interest rates. As of the latest data, two key inflation gauges — the Personal Consumption Expenditures (PCE) Price Index and the Consumer Price Index (CPI) — show that prices are still above the Federal Reserve’s 2% target, with the core PCE at 3.3% and core CPI…

Rocket Pro is launching a tool that will help mortgage brokers address conversion issues, as the lender continues its efforts to gain more wholesale business. Processing Content Part of Rocket’s monthly Power Play initiative, the new app called Quick Counter allows brokers to build, adjust and deliver a competitive refinance loan estimate while the client…

Oura just got one step closer to becoming a public company. The smart-ring maker filed its S-1 paperwork on Thursday, a required step on the road to an initial public offering. The filing said Oura pulled in $1.4 billion in revenue and $59 million in net income in the one-year period that ended in June….

Kevelyn Guzman (pictured top), regional vice president at Coldwell Banker Warburg in New York, was born and raised in Manhattan and has been with the firm since 2008. She said the pied-à-terre effect has been causing property owners to pick up the phone. “Inventory is still low,” Guzman told Mortgage Professional America. “However, ever since…

Devonport has been gaining attention as buyers and investors look beyond Tasmania’s capital for markets offering lifestyle, value, and regional economic strength. The north-western coastal city has been named in SPI’s FAST 50 report, which identifies 50 Australian suburbs tipped for growth over the next 12 months using a combination of investor insight and property…

What brokers should watch Marina Walsh, MBA’s head of industry analysis, said chattel lending is drawing interest, though it remains a small corner of the market. “Lots of conversation around them. It’s a niche product,” Walsh said. “There are about five lenders that are really big in this space. But yeah, there’s certainly potential there…