News

Fannie Mae and Freddie Mac to Jointly Form New Securitization Company

The Federal Housing Finance Agency (FHFA), regulator of the government-backed mortgage firms, Fannie Mae and Freddie Mac announced on Monday, March 4 that operations of the two companies will be combined to form a separate entity that will look after securitized home loans.

Lisa Hochstein Wins Renovation Approval for Historic Home on Star island

The long and heated debate on “Real Housewives of Miami” star, Lisa Hochstein and plastic surgeon hubby, Leonard Hochstein razing down to renovate the historic Star Island home in Miami has finally come to an end. The couple has finally got approval of the city board to build a new mansion and replace the starchitect “Walter DeGarmo” designed building.

Guess Co-Founder, Armand Marciano’s Beverly Crest Home Price Chopped to $54.4 Million

Co-founder of popular fashion apparel brand, Guess Armand Marciano's Beverly Crest home has received a huge price chop of $8.5 million and has now been listed with an asking price of $54.5 million. The home was first listed in 2011 with an asking price of $63 million.