
Inside New York City’s First ‘White Box’ Sale Since 2021
A $15 million "white box" condo at a luxury Art Deco-style building on Manhattan's Upper West Side has become the first white box sale in the city since 2021. Occupying the entire 46th floor of the luxury tower at 200 Amsterdam—Unit 46 was sold as "white box"—meaning that it essentially has no inter
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Senator Pitches American Dream Account To Help First-Time Homebuyers Save
Sen. Rick Scott pitched allowing banks to create specialized accounts for people saving for a down payment on a home. The Florida Republican introduced a bill to create the American Dream Account, which would allow people to put money in a special savings account that is exempt from some taxes. Seve
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Florida Homeowners To See $650 Million Savings From Insurance Surcharge Ending 2 Years Early
The Florida Insurance Guaranty Association recently voted to terminate a 1% emergency assessment on all Florida homeowners and business property and casualty policies two years early. This is expected to save Florida homeowners and businesses up to $650 million over the next two years—or about $31 a
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West Capital Lending sues loanDepot, alleges unlawful pay scheme
West Capital Lending (WCL) has sued loanDepot, accusing the California-based mortgage lender of engaging in a long-running compensation scheme that violates the Truth in Lending Act (TILA). The lawsuit, filed Friday in the U.S. District Court for the Central District of California, marks the latest
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