News

NYU Law School Buys $3.6M UWS Condo For Faculty Housing [PHOTOS]

New York University School of Law has purchased an Upper West Side condo at 845 West End Avenue for $3.6 million, according to city records filed Thursday. The school will use the apartment for faculty, who will rent the unit, according to Michael Orey, spokesman for NYU Law.

Watchdog Says Banks Impeded Foreclosure Inquiry

Top banks impeded a federal inquiry into their foreclosure processes, according to a report released Tuesday, dragging their feet on turning over documents and blocking investigators' attempts to interview bank employees.The inquiry led to the wide-ranging $25 billion mortgage settlement with the five largest mortgage servicers that was announced last month and filed in federal court on Monday.

Michigan to Present Detroit Consent Agreement on Tuesday

JPMorgan Chase & Co is paying the federal government $45 million to settle a lawsuit alleging it charged veterans hidden fees in mortgage refinancing.