Commercial

New York Real Estate: Jehovah's Witnesses Selling Brooklyn Headquarters, Up To $1B Bid

Most people know Jehovah’s Witnesses as the religious group that share their evangelical views by knocking on people’s doors, but many are not aware that the congregation actually has some significant real estate assets in Brooklyn.

FDIC Says Morgan Stanley Will Pay $63 Million for Mortgage Bond Settlement

The settlement settles lawsuits that the U.S. regulator submitted as recipient for the three failed banks against Morgan Stanley and different defendants over what the FDIC said were distortions in the offering documents for the mortgage-backed securities.

How Credit Score Affects Your Mortgage Loan Application

As much as lenders will want serve their client with a mortgage loan, they are also watching their back to lessen the risk they are taking in this business. The easiest way to asses risk is by using your credit scores to make lending decisions.