NY’s Cuomo probing 8 banks over mortgage securities

New York’s attorney general has launched an investigation into eight banks to determine whether they misled ratings agencies about mortgage securities, according to published reports. Attorney General Andrew Cuomo is trying to figure out whether banks gave the agencies false information in order to get better ratings on the risky securities, said a person with knowledge of the investigation, which has not been made public.

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In real estate, short-term rentals (STRs) have carved a niche that extends far beyond the heyday of basic room rentals. This market has transformed in recent years, offering travelers a range of unique experiences while providing property owners with an appealing stream of income.

3d rendering of a row of luxury townhouses along a street

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