Fair Isaac Corp.’s (FICO) decision to let resellers calculate and distribute its scores directly to lenders drew a mixed response from the mortgage industry — viewed by some as a step toward more competition, but by others as a potential driver of higher credit score costs in the short term. On Wednesday, FICO unveiled the program, which bypasses the three nationwide credit bureaus (Equifax,...
West Capital Lending said on Thursday that it has entered into a strategic partnership with Mortgage Connections, a Michigan-based mortgage brokerage. Mortgage Connections, founded by Ali Younes & Joe Dakroub Esq., has closed more than 843 transactions and $239 million in funded loan volume over the last 14 months, according to data from MMI. The company’s production includes more than $88 million...
Miami’s skyline is set to gain another landmark. Rosso Development, Midtown Development, and Proper Hospitality have unveiled the first look at the interiors of Midtown Park Residences by Proper, a 28-story luxury tower designed by acclaimed New York–based firm Meyer Davis Studio. The project marks the first residential building within the $2 billion Midtown Park master plan, a transformative...
Prescott Estates, a landmark waterfront development site in Miami’s historic Bayside District, has been acquired for $20 million and will be ushering in one of South Florida’s most exclusive new luxury communities. The project will bring just five individually designed waterfront estates to market, including the historic Prescott Mansion, which will be restored and reimagined as the centerpiece of...
A lack of storage and a two-tier island made this upstate New York kitchen feel cramped and cluttered. The homeowners — he’s a retired engineer, she’s a federal worker who loves to bake — enjoy showcasing finds from their extensive travels. Initially they considered refacing their dark...
Sensitivity to light can affect many of us, from a simple aversion to bright overhead lights to a more intense awareness of the color, type and even “sound” of certain lights at home. This sensitivity can be particularly heightened for those with...
Image CEO Hamid Moghadam stressed the need to expand energy capacity, in all...
Image Construction in general, and residential construction in particular, has slowed considerably due to tariffs on building materials and labor shortages and...
Image Victor Coleman says West Coast office fundamental are “absolutely...
A government shutdown may start as a political standoff in Washington, but its reach quickly extends to Main Street--and nowhere is that more visible than in housing. Selma Hepp Economists warn that while brief shutdowns often leave only a faint mark on the economy, extended closures can ripple through the real estate sector by delaying home loans, disrupting insurance coverage, and spooking would-be...
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