Mortgage

Westchester LDC Approves More Than $340M in Bond Financing For Westchester Medical Center and Sarah Lawrence College
WHITE PLAINS—The Board of Directors of Westchester County’s Local Development Corporation (LDC) recently voted to approve more than

After Broad Industry Criticism, FHFA Delays Controversial Refi Loan Fee
WASHINGTON—A little over a week after first proposing a controversial 0.5% Adverse Market Refinance Fee on Fannie Mae

FHA Mortgage Delinquencies Hit Record High
WASHINGTON—The Mortgage Bankers Association reported on Aug. 17 that the share of late FHA loans rose to nearly 16%

New York Taking Early Steps Toward COVID Jobs Recovery
ALBANY—While noting that July labor statistics are expected to be released soon, New York State Comptroller Thomas DiNapoli issued

Local Government Sales Tax Collections Fell 8.2% in July
ALBANY—As the New York State economy continues its reopening process and the state continues to post low COVID infection

Nearly $53M Redevelopment, Refinancing Of Fort Schuyler House in Bronx Complete
NEW YORK—Fort Schuyler House, Inc., MDG Design + Construction, LLC, Smith & Henzy Advisory Group, Inc., Concord Management of New

State Comptroller Says COVID-19 Impacts to Local Governments and Schools will be ‘Severe’
ALBANY—The COVID-19 pandemic has negatively affected many local governments’ revenues and its impact will likely be severe for many

My 90-Day Payment Deferment is Up, Now What?
Each commercial real estate asset class has been impacted by the COVID-19 pandemic in one way or another. Many commercial

Living in the Now
As we head into another re-opening phase, let’s take a moment to reflect on our current events as well

Post-COVID Commercial Lending—A Big Question Mark
It’s no secret that COVID-19 has wreaked havoc on the commercial real estate market in the Hudson Valley, the

A.S.A.P. Mortgage Opens New Headquarters in Peekskill
PEEKSKILL—A.S.A.P. Mortgage announced on June 8 it has relocated its corporate headquarters from Cortlandt Manor to

Is this the Trough? Unprecedented Drop in Growth, Large Job Losses, But Purchase Applications Signal a Rebound
By Mike Fratantoni and Joel Kan The extraordinary impact from COVID‐19 social distancing measures and business closings is impacting