Real Estate News: Home Loans May Get Shield
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Home Loans May Get Shield: Federal regulators are considering giving mortgage lenders protection from certain lawsuits, according to people familiar with the matter, a move designed to encourage lending to well-qualified borrowers.
New Era in Mortgage Bonds?: Shellpoint Partners, the residential-finance firm partly owned by mortgage-bond pioneer Lewis Ranieri, is taking its biggest step toward securitizations aimed at expanding the market for privately funded home loans.
Domino Site Heads for Next Chapter: Two Trees Management Co. has closed on the $185 million purchase of the site of the former Domino Sugar factory in Brooklyn, following months of court battles. But that may be just the beginning of challenges for the developer.
Nonprofit Uses Gift for New Building: God’s Love We Deliver, a nonprofit that 26 years ago began cooking meals for AIDS patients in an Upper West Side church basement, is moving forward with plans to build a new five-story headquarters, thanks in large part to a donation from a high-profile fashion designer.
