A new class action lawsuit claims Santander Bank made millions of dollars by overcharging borrowers on their home equity line of credit loans. Processing Content Brooklyn residents Mark and Devorah Smilow sued the lender last week in a New York federal court, seeking to certify a class of aggrieved HELOC borrowers spanning back to 2013. […]
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Synergy One Lending, a division of American Pacific Mortgage (APM), will assume control of Newrez’s distributed retail mortgage business under a new strategic agreement announced Wednesday, extending an existing partnership and reshaping both lenders’ retail strategies. The agreement — which is not considered to be a merger or acquisition — moves Newrez’s distributed retail operations
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Buckling columns at the former Pfizer headquarters this week forced evacuations across seven Midtown East blocks. The incident raises new questions about office-to-residential conversion, one of several tools the city has used to add housing. It is also a tool Mayor Zohran Mamdani leaned into because it fit his affordability narrative. Mamdani has framed housing
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