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Ecology Building Society has added a first-time buyer mortgage to its range to support the Scottish government’s First Homes Fund. The lender has become the 11th official provider of the scheme, where the Scottish government gives first-time buyers up to £10,000 towards the purchase of their first home. Ecology Building Society will finance the purchase…
A man posed as both a pro football player for the San Francisco 49ers and a wealthy Swiss real estate investor to defraud multiple women in the Pacific Northwest, co-conspiring with a teenager falsely posing as his financial advisor, according to the Justice Department. 35-year-old Daejon Labrayae Love and 18-year-old Taylor Jamie Chan were arrested…
Ridge Capital sold a two-apartment Northern California portfolio for $23.5 million. No buyer was disclosed. The apartment portfolio includes Sierra Sunset Village, a 68-unit development at 531 Capps Land and the Alderwood Apartments, a 53-unit venture at 1450 S. State Street in Ukiah. Sierra Sunset Village features mostly two-bedroom apartments with open floor plans, stainless…
Capital inflows through the Foreign Currency Non-Resident (Bank), or FCNR(B), deposit scheme crossed the $100-billion mark by the August 31 deadline, according to a Financial Times report. The Reserve Bank of India’s (RBI’s) special swap facility also drew funds through external commercial borrowings (ECBs) and overseas foreign currency borrowings (OFCBs), the news report said….
D.R. Horton is tapping the full legal playbook to challenge a class action racketeering lawsuit plaintiffs say could encompass tens of thousands of homeowners. Processing Content The nation’s largest home builder last week filed a motion to compel arbitration with the home buyers suing the company and its mortgage arm over its underwriting practices. The…
By Daniel Johnson Home resales have been on a “winning streak since April,” the report said, with inventory levelling off and prices showing signs of stabilizing. There is room for gradual progress going forward, as improved affordability and job prospects lift confidence, it added. “The key to the outlook will be the extent to which…
Ten launches digital lifestyle platform for HSBC UK Premier
Federal Reserve Gov. Michael Barr.Bloomberg News Processing Content Key insight: Federal Reserve Gov. Michael Barr, a voting member of the Federal Open Market Committee, said Tuesday inflation has been too high, but said he would not commit to any specific action until he sees more data. Expert quote: “With inflation above-target for a protracted period,…
Canadian real estate operator Manga Hotel Group is doubling up on New York City’s market. Manga purchased the Chelsean New York Hotel at 158-162 West 25th Street from Jeffrey Lam’s firm, Lam Generation, for $50 million, according to public records. The deal for the 158-key hotel works out to more than $316,000 per key. The…
According to Cotality’s recent Home Value Index September 2026, Brisbane’s property market declined by 1.0 per cent over the month of August. As the market continues to cool after prolonged growth, Brisbane led the drop in values amongst the mid-sized capitals, with Adelaide and Perth also down by 0.8 per cent over the month. You’re…