The $650m commercial mortgage securities as part of a $1.3bn deal to refinance Bank of America Merrill Lynch’s New York headquarters are expected to launch Monday. This is the second refinancing of the tower in less than a year by the owners, a 50-50 joint venture between Bank of America and The Durst Corp.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Exclusive: House Democrat reintroduces bill targeting mortgage credit access
The reintroduced legislation would require lenders to use consumer-permissioned data, rental and bank records, for applicants who request it.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio