NYC office conversions face scrutiny after Pfizer HQ incident
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 becaus
Synergy One to take over Newrez distributed retail mortgage operations
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
Visionary Homes names former Oakwood exec Ryan Smith CEO
Ryan Smith will become CEO of Visionary Homes on Sept. 1, 2026, as founder and current chief executive Jeff Jackson transitions to chairman of the board, the Utah homebuilder recently announced. Smith joined Visionary Homes on June 15 and will work alongside Jackson through the summer before formall
CFPB seeks input on mortgage disclosures and TRID rules
In a request for information (RFI) scheduled for publication Thursday in the Federal Register, the Consumer Financial Protection Bureau (CFPB) will seek public input on whether mortgage disclosure requirements and other lending regulations should be revised to reduce compliance burdens and improve a
