Fraud allegations against rental owners reach new high
Regulators and prosecutors are cracking down on landlords who've falsified income and expense data on crucial loan documents, according to a new feature published by 'The Wall Street Journal'
by Marian McPherson Jul 8
NYC's rep falters amid lower economic, real estate prospects
The city ranked lower than 18 other cities, including Boston, Seattle, and Boise, Idaho, on factors like post-COVID recovery and commercial real estate, according to an analysis by JPMorgan
by Ben Verde Oct 23
JPMorgan is set to become America's next big landlord
Weeks after the banking giant unveiled a new property management system for rentals, JPMorgan announced it's investing in a $1B single-family built-for-rent venture
by Taylor Anderson Nov 17
Manhattan's luxury market sees worst sales week since Aug. 2020
Signed luxury contracts in Manhattan hit a new low during the week ending Aug. 21, according to a report from Olshan Realty Inc. Luxury agents say there are a number of reasons why
by Lillian Dickerson Aug 26
JP Morgan Chase: 100-year-old WWII vet can stay in his home
James Been, a 100-year-old army veteran and Brooklyn native, had foreclosure charges against him by JP Morgan Chase dropped on Friday
by Lillian Dickerson Jun 29
Young buyers disproportionately impacted by economic fallout
According to Down Payment Resource's latest report, millennials and Gen-Zers were on track to hit their homebuying peak before April's record layoffs
by Marian McPherson Apr 22
JP Morgan Chase temporarily terminates HELOC loan offering
Chase Home Lending Chief Marketing Officer Amy Bonitatibus said the change would help Chase better focus on 'existing customers'
by Marian McPherson Apr 17
Wells Fargo hires mortgage tech chief from JP Morgan
Steve Hagerman will serve as Wells Fargo's head of consumer lending technology and will be responsible for the bank's new and emerging technology platforms
by Jim Dalrymple II May 29
JPMorgan Chase is using Pinterest to reach millennials
The bank's new marketing campaign creates boards of potential renovations and then offers financing options
BRP Companies begins construction on East NY affordable housing
Rehabilitation and new construction to deliver 710 affordable apartments
by Jennifer Riner Sep 23
Palm Beach County witness to increasing multi-million dollar home purchases
Most luxury sales are situated along State Road A1A
by Erik Pisor Mar 30
Genuine Title faces federal lawsuit charges of deceitful activity
CFPB’s enforcement action is more fallout from its $35M penalty against Wells Fargo, JPMorgan Chase in January
by Amy Tankersley Apr 30
Embattled Ocwen reports nearly $600M loss for 4Q
Mortgage servicer saddled with $150M settlement with New York regulators
by Amy Tankersley Apr 15
JPMorgan buying $45B in mortgage servicing rights from Ocwen
Transaction expected to bring JPMorgan’s MSR portfolio to nearly $1 trillion
by Amy Tankersley Mar 19
Finding a win-win alternative to foreclosure
by David Fletcher Oct 12