The Bronx Real Estate News
15 hrs ago | via GlobeSt.com
The wave of 10-year CMBS maturities is set to roll in beginning in 2016, and while it will be a massive wave, it's not likely to come crashing ashore with tsunami-like force. Not according to Real Capital Analytics, which estimates that just over one-third of 2006- and 2007-vintage loans maturing in '16 and 2017 will either require additional capital or be worth less than the original loan. Comment?
18 hrs ago | via The White Plains Daily Voice
National Cooperative Bank, a leading lender to cooperative housing throughout the tri-state area, has arranged for about $17.3 million in financing for five Westchester County cooperatives. A portion of the money for each property will be used for capital improvement projects. Comment?
Thursday | via Patch.com
Julia B. Fee Sotheby's International Realty today announced that eight real estate agents including Patti Anderson, Mary Brennan, mother-daughter agent team Michelle and Theresa Fanelli, Alfonso Feliciano, Cindy Goodstein, Melissa Martinez and Caroline Weinstein have joined the company and will be based in the firm's Larchmont brokerage. These agents bringing a variety of relevant professional backgrounds, are new to the industry, and have enrolled in Larchmont brokerage manager Carolyn Fugere's "New Agent Academy" training program, which aims to hone agent skills when entering the business. Comment?
Friday May 8 | via The Weston Daily Voice
William Pitt and Julia B. Fee Sotheby's International Realty was named the top affiliate in the global Sotheby's International Realty network of affiliated real estate firms, according to closed sales volume in 2014. The data came from the recently released Real Trends 500 report , which ranked the top residential real estate firms in the U.S. by both closed sales volume and closed transactions. Comment?
Wednesday May 6 | via New York Daily News
Habitat for Humanity of Westchester is uniquely capable of bringing together people from all walks of life to help us in our house-building projects in partnership with families in need. Through these community building projects, we have introduced those from more privileged backgrounds to the housing crisis that exists in or near their own communities. Comment?
Jan 8, 2015 | via American Reporter
American politics isn't kind to the losers. And as far as the conventional political wisdom goes, Mario Cuomo was a loser. Comment?
Wednesday May 20 | via Housing Wire
A man lauded as an exceptional regulator in some quarters and a thorn in the side of the mortgage industry in others is stepping down from the agency he helmed for more than four years. Benjamin Lawsky, Superintendent of the New York State Department of Financial Services , just announced that he will depart the agency in late-June after serving as the founding superintendent for the agency. Comment?
Thursday | via Natl. Relocation & Real Estate
At a joint press conference held in Rochester, N.Y. Wednesday, Howard W. "Hoddy" Hanna, III, Chairman and CEO of Hanna Holdings, Inc., and Armand D'Alfonso, President and CEO of Nothnagle Realtors, announced that Nothnagle Realtors has joined forces with Howard Hanna Real Estate Services. "I look forward to working with Armand and the entire Nothnagle team during the years to come as we share best practices and business opportunities throughout the Great Lakes Region of the Howard Hanna family of companies," said Howard W. "Hoby" Hanna IV, President of Howard Hanna Real Estate Services. Comment?
Thursday | via TheStreet.com
NEW YORK -- The S&P 500 was on track to close at record highs by the final hour of trading Thursday as a rally in the energy sector boosted the benchmark index. The S&P 500 was up 0.29% to 2,131.9, above its May 18 record of 2,129. Comment?
Thursday | via Newsday
Is there anything that says "summer vacation" like packing the family into the car and hitting the road for cooler, calmer environs? No airports, no security lines and -- once you get off Long Island -- very little traffic, hopefully. Within a four-to-five-hour drive are a wide array of natural attractions -- from lakes to beaches to mountains -- that make for an easy weeklong vacation, or even a long weekend. Comment?
Sunday May 17 | via Cape Cod Times
The federal government is extending for another year two programs designed to help homeowners who are at risk of defaulting on their mortgage or still owe far more on their loans than the properties are worth. The Home Affordable Modification Program and the Home Affordable Refinance Program will be extended until the end of 2016, Mel Watt, director of the Federal Housing Finance Agency, said Friday. Comment?
7 min ago | via Sunday Herald
FUND manager James Anderson, who runs the 3.7 billion Scottish Mortgage Investment Trust, has warned there continues to be "unjustified greed" in a banking sector that has shown little appetite for change. FUND manager James Anderson, who runs the 3.7 billion Scottish Mortgage Investment Trust, has warned there continues to be \"unjustified greed\" in a banking sector that has shown little appetite for change. Comment?
7 min ago | via Sunday Herald
Nationwide building society's chief executive Graham Beale is to retire next year after reporting record profits of 1.2billion, rising market share at the expense of the banks, and a 500m planned investment in its branch network. Nationwide building society's chief executive Graham Beale is to retire next year after reporting record profits of 1.2billion, rising market share at the expense of the banks, and a 500m planned investment in its branch network. Comment?
7 min ago | via Independent.ie
But he said he has the option of hiking the levy on lenders if they fail to reduce rates, and said the Government could also enact legislation to give the Central Bank powers to regulate high variable rates. Such a reduction would see a family on a 250,000 mortgage saving around 1,200 over a full year. Comment?
12 min ago | via Business Wire
Research and Markets: US HVAC Equipment Market 2015-2020 - Trends, Forecasts and Opportunity Analysis Featuring United Technologies Corporation, Lennox International Inc., and Johnsons Control )--Research and Markets has announced the addition of the "US HVAC Equipment Market 2015-2020: Trends, Fo... )--Fitch Ratings affirms the SLM Student Loan Trust series 2003-7 senior notes at 'AAAsf' and the subordinate notes at 'BBBsf'. Comment?
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