At MOG we are living in unprecedented times. Thank you for taking Covid-19 seriously. The sacrifices you're making during this time canceling gatherings and social disctancing are working keep it up...

Merabi Organization Group

MERABI ORGANIZATION GROUP, LLC. (MOG) IS FAMILY OWNED. A PRIVATE OWNERS OF COMMERCIAL REAL ESTATE IN THE U.S. WE HAVE GROWN FROM A SMALL PROPERTIES OWNER FIRM TO A LARGE REGIONAL REAL ESTATE ENTERPRISE, OWNING AND OPERATING BUILDINGS PRIMARILY IN THE NEW YORK CITY, NEW JERSEY AND LOS ANGELES REPRESENTING CLASS A LUXURY RENTAL OF OFFICE, RETAIL, RESIDENTIAL , AND HOSPITALITY PROPERTIES. AT MOG, THE EXPERTISE HOUSED UNDER ONE ROOF IS EXTRAORDINARY. WE ARE STAFFED TO BUILD EVEN THE MOST COMPLEX DEVELOPMENTS, WHETHER COMMERCIAL, OR RESIDENTIAL, QUICKLY AND ECONOMICALLY WITH IN-HOUSE ARCHITECTURAL, CONSTRUCTION, DESIGN, ENGINEERING, LEGAL, MARKETING AND FINANCIAL DEPARTMENTS, AS WELL AS A NEW DEPARTMENT JUST FOR FORECASTING AND RESEARCH SINCE 2008

Amid downturn, buyer calls off deal to buy Austin's W Hotel block

Cited the current capital markets and economic environment as the reasons for pulling out of the transaction. Source: Mortgage
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The 7 Things You Need for an Ergonomic Workstation

If you’re working from home indefinitely, it may be time to upgrade that home office. Source: NYTIMES
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All Alone in a Three-Bedroom Apartment

When her roommates moved out during the coronavirus lockdown, a Brooklynite negotiated with her landlord and is making the best of the situation. Source: NYTIMES
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CFPB offers templates for banks, servicers to seek 'no-action' letters

The templates are meant to make it easier to obtain agency approval for small-dollar loan products and to accommodate mortgage servicers that want to provide online loss mitigation options. Source:…
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46% of Homeowners in Forbearance Plans Still Made Their Mortgage Payments

Another interesting trend has emerged from the latest mortgage forbearance data, this time courtesy of a new report from data analytics company Black Knight. Nearly 5 Million Now in Mortgage…
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Homebuyer demand is now higher than before the crisis: Redfin

Potential purchasers are looking to take advantage of low rates, despite worries about job security. Source: Mortgage
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Experian launches synthetic identity detection service

When a bank subscriber to Sure Profile pulls a credit report on an applicant for a loan or account, Experian will check to see if the identity data matches a…
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Starwood makes concessions to COVID-19 risks in $538M non-QM RMBS

Starwood Capital Group is adapting its RMBS strategy for COVID-19, most notably through additional protections for senior noteholders to mitigate the substantial number of deferred mortgage accounts included in its…
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Record reserves for bad loans set to gut Canadian banks' profits

The second-quarter jump in provisions may be three to four times higher than a year earlier and will be mostly for loans that have yet to go bad, analysts said.…
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Islands Created for Quarantines

Immigrants arriving in New York in the 1870s who were suspected of carrying diseases were isolated and treated on two man-made islands. Source: NYTIMES
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