Mortgage demand sees slight uptick as rates trend down

Mortgage demand rose slightly last week as mortgage rates moved lower.Loan application volume increased 1.6% on a seasonally adjusted basis for the week ending Aug. 30 compared to the previous week, according to the Mortgage Bankers Association (MBA).The MBA’s refinance index decreased 0.3% from the

Figure hires Ronald Chillemi as its first chief legal officer

Figure Technology Solutions, the parent company of Figure Lending LLC, announced on Wednesday the hiring of Ronald Chillemi as its first chief legal officer and corporate secretary. Chillemi has more than 25 years of experience in regulatory affairs, government relations and compliance across a numb

Pretium Partners adds two execs to strengthen homebuilder finance efforts

New York City-headquartered investment firm Pretium Partners announced Wednesday that it has hired two new managing directors as its seeks to bolster its real estate debt strategy.The firm hired Brendan Bosman, a former senior managing director and head of U.S. housing investing at Minneapolis-based

Inside Lavish $4 Million NY Home of Ex-Hochul and Cuomo Aide Who Is Accused of Being Chinese Double Agent

CompassA former aide to New York Governors Kathy Hochul and Andrew Cuomo who has been accused of acting as a double agent for the Chinese government lived a lavish lifestyle inside a newly renovated $4 million Long Island home, images reveal.Linda Sun, 41, and her husband, Christopher Hu, 40, are bo