Mortgage
Westchester-Based PCSB Bank to be Acquired in $313-Million Deal
YORKTOWN HEIGHTS—Boston-based Brookline Bancorp, Inc. and PCSB Financial Corporation, which is headquartered in Yorktown Heights, announced on May 24
Co-Op City’s $622M Refinancing Deal Frees Up $124 Million for Repairs to Bronx Housing Complex
NEW YORK—A host of federal, state and city agencies have closed on the refinancing of a $621.5-million U.
Mortgage Rates Increase to Highest Level in More Than Three Years
WASHINGTON—Mortgage applications decreased 6.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA)
New York State Comptroller: Wall Street’s 2021 Average Bonus Set a New Record at $257,500
ALBANY—The average bonus paid to employees in New York City’s securities industry for 2021 grew to $257,500,
New Rochelle Tower Project Secures $294 Million Construction Financing Deal
NEW ROCHELLE—BRP Companies, the Urban Investment Group within Goldman Sachs Asset Management (Goldman Sachs), New York State Homes and
Webster Financial, Sterling Bancorp Complete Merger Deal
STAMFORD, CT—Webster Financial Corp. and Sterling Bancorp jointly announced today the completion of their previously announced merger that is
Westhab Closes on Construction Financing For Affordable Housing Project in Yonkers
YONKERS—Westhab, a Yonkers-based provider of affordable housing and social services, wrapped up 2021 by closing on construction financing for
State Awards $991 Million in Funding for Affordable Housing Projects
ALBANY—New York Gov. Kathy Hochul announced on Jan. 13 a total of $991 million in bonds and subsidies awarded
Hudson United Mortgage Announces Partnership with NAMMBA
NANUET—The National Association of Minority Mortgage Bankers of America (NAMMBA) recently announced a partnership with locally-based Hudson United Mortgage
New York State to Launch $539 Million Homeowners Assistance Fund
ALBANY—New York Gov. Kathy Hochul announced on Dec. 6 that New York State is the first state in the
FHFA Raises Conforming Loan Limits for 2022
WASHINGTON—The Federal Housing Finance Agency (FHFA) today announced the conforming loan limits for mortgages to be acquired by Fannie
NYCHA and HPD Finalize Deal to Build $60M Bronx Affordable Housing Project
NEW YORK—The New York City Housing Authority and the New York City Department of Housing Preservation and Development reported