February 2026

Trump, NYC mayor talk $21B affordable housing plan

President Donald Trump and New York City Mayor Zohran Mamdani met at the White House Thursday to discuss a multibillion-dollar affordable housing plan. Processing Content Mamdani is seeking $21 billion in federal grants for a construction project at Sunnyside Yard, which would allow the city to build 12,000 new affordable homes, create 30,000 union jobs […]

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What’s it going to take to get banks back into mortgages?

Key Insight: Experts say even if regulators recalibrate capital standards, structural and competitive realities that did not exist before 2008 are the biggest drivers in their dwindling market share in mortgage origination and servicing. Nonbanks now dominate the sector, aided by leaner cost structures that are built for rate volatility — advantages that banks will

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