California cities get firm notice: follow new housing laws, or else

The leading mortgage trade group is downgrading its origination forecasts as rates are cutting into anticipated refinance volume.  Processing Content The Mortgage Bankers Association is projecting $2.147 trillion in total originations for 1- to 4-family unit properties this year, it said Friday. That’s a slight decline from the $2.163 trillion projection in July, and on…

Octaura Holdings, an electronic trading, data and analytics provider, is moving its offices to 111 West 33rd Street near Midtown Manhattan’s Herald Square.  The 28,914-square-foot deal with Empire State Realty Trust (ESRT) spans the entire 17th floor of the 26-story office building, the landlord announced  Monday. Octaura currently lists its Manhattan headquarters at Haymes Investment…

With the cutoff yield being higher than what it was willing to pay and investors seeking a higher risk premium in the three-year segment, Small Industries Development Bank of India (Sidbi) on Thursday called off its ₹6,000 crore bond issuance.   The issue received 93 bids, worth ₹7,333.5 crore, with investors quoting around 7.85 per…

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