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
Maui housing market put on brakes in April due to pandemic
Maui real estate activity slowed in April as the effects of dramatically reduced new listings and resulted in a big drop-off in pending sales. Source: Mortgage
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Thousands of fewer houses on the market in St. Louis area
Thousands of fewer homes came onto the market in the St. Louis metro area last month than normal — just 2,400 new listings each week, a 42% drop over this…
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Coronavirus stifles Ocwen's momentum in 1Q, casts shadow on future
After ending 2019 on a high note, Ocwen Financial posted an income loss in the first quarter due to the unexpected costs and volatility created by COVID-19. Source: Mortgage
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The mortgage job market is holding steady — for now
Hiring by nonbank mortgage and brokers held up unusually well through the early days of the coronavirus outbreak in March, but April's all-time high in unemployment suggests that's unlikely to…
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Stand-alone MIs have strong 1Q, but coronavirus makes the future murky
Three of the four had fewer new notices of delinquency for the quarter, but that should change going forward. Source: Mortgage
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Multifamily housing projects face delays related to coronavirus
IRS General Counsel Michael Desmond said Wednesday his office has received “a number of requests” for extending deadlines. Source: Mortgage
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Residential real estate showings in Denver drop to record low
Residential real estate showings in the Denver metropolitan region, hampered by the COVID-19 outbreak and corresponding stay-at-home orders, hit an all-time low last month. Source: Mortgage
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Mortgage lenders tighten screws on credit in echo of 2008
Mortgage rates are at record lows, but borrowers hoping to take advantage are running into the toughest loan-approval standards in years. Source: Mortgage
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Desperate Sellers, Nervous Buyers: Real Estate Sales in a Pandemic
The sales market in New York City has slowed to a crawl, but bold buyers are forging ahead, sometimes buying sight unseen. Source: NYTIMES
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People on the move: May 8
Mortgage industry hiring and new job appointments for the week ending May 8. Source: Mortgage
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