HW Vanguard Awards: Leadership has never been more important

HW Vanguard Awards: Leadership has never been more important

Recognizing executives leading the housing economy

loanDepot closes first $150M securitization of personal loans

Demand for new personal loans takes off

TRID is a real obstacle to mortgage process

Contrary to some reports

Items Tagged with 'New York'


NewDay Financial banned from all lending in New York

Widespread cheating on licensing exams leads to third major sanction against lender in 2015
NewDay Financial, already punished this year by the Consumer Financial Protection Bureau for its business practices and by the Multi-State Mortgage Committee for widespread cheating on licensing exams, is now completely banned from lending in the state of New York due to that same cheating on licensing exams.
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Major New York real estate firm fined for civil rights violations

Feds: The Durst Organization must make all rental buildings fully accessible
A major New York real estate developer repeatedly built massive rental apartment buildings that were inaccessible to people with disabilities, Preet Bharara, the United States Attorney for the Southern District of New York, said Tuesday.
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Inside the battle for the soul of New York's top financial regulator

Why NYDFS has no leader, no direction
Pushes from Wall Street and Capitol Hill’s most ardent Wall Street opponent have launched a battle over the direction, reach, and power of New York’s top financial regulator, leaving the New York Department of Financial Services without a leader or a direction. Will the NYDFS continue to be a fiercely zealous regulator with long reach and serious clout, or will the NYDFS become more of a friend than a foe to Wall Street?
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Angelina Jolie’s childhood home for sale

Hits the market for $2M
Before she was ever married to actor Brad Pitt, actress Angelina Jolie lived in a four-bedroom midcentury modern home in the rural enclave of Snedens Landing in Rockland County, New York with her family growing up. That house could now be yours for a mere $2M.
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Evans Bank settles with New York over redlining

Must begin lending in Buffalo’s predominantly African-American neighborhoods
New York’s lawsuit alleged that, from at least 2009 to the present, Evans had redlined Buffalo’s predominantly African-American East Side neighborhoods, intentionally excluding these neighborhoods from its lending area.
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Penthouse owned by ‘Psychic Hotline King’ is NYC’s 2nd most expensive rental

The man who brought us Miss Cleo commands $100K a month in rent
The man who was once called the “Psychic Hotline King," and the man that brought “Miss Cleo” into everyone’s TV throughout the 1990’s with their omnipresent infomercials, is also now the landlord commanding the second highest rent in all of New York City. Yes, you read all of that right.
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New York comptroller: State’s foreclosure crisis far from over

New report shows increasing foreclosures outside NYC
Despite efforts to combat the glut of foreclosures that have choked New York’s court system and blighted many of the state’s neighborhoods, a new report from the New York comptroller shows that the state’s foreclosure crisis is nowhere close to being resolved – and in many cities, it’s actually getting worse.
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Manhattan real estate has never been more expensive

Average sales price for an apartment hits all-time high in 2nd quarter
No one has ever argued that living in New York isn’t an expensive proposition, but a new report shows just how expensive it is to live in New York’s priciest borough. According to data from Douglas Elliman, it’s never been more expensive to live in Manhattan than it is right now.
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