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NYC expands finance pool for office-to-residential makeovers

New York City administration officials took a stride toward spurring more office-to-residential conversions by expanding a long-term financing option used in clean energy construction. In late June, the city made embodied carbon eligible for financing under its Commercial Property Assessed Clean Energy program, known as C-PACE. Embodied carbon refers to emissions locked into a building’s […]

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Lawmaker moves to clarify home equity investment regulation

A bill introduced in the U.S. Senate would amend the Truth in Lending Act (TILA) to explicitly include home equity investments (HEIs) within the law’s definition of residential mortgage loans — a move that would subject the growing financial product to federal consumer lending protections. Introduced by Sen. Jeff Merkley (D-Ore.), the Home Equity Lending

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Stewart Title expands Mid-Atlantic footprint

Stewart Title has acquired Lawyers Signature Settlements (LSS), a Frederick, Maryland-based title agency, expanding its presence in the Mid-Atlantic region. Founded nearly 15 years ago, LSS provides residential and commercial title services across Maryland, Virginia, West Virginia and Pennsylvania. “LSS has become one of the most trusted agents in the Frederick market and has earned

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