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
Action needed now to support borrowers that IMBs serve
The government is cushioning the impact of the coronavirus on consumers, but independent mortgage bankers need funding to deal with increased levels of servicing advances because of forbearances. Source: Mortgage
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Living Near Train Tracks
Thanks to new window technology, there’s no such thing as the wrong side of the tracks. Source: NYTIMES
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How Should I Do Laundry Now?
The new coronavirus has made many people stressed about clothes and cleanliness, especially those living in cities. Source: NYTIMES
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Title insurers show relative strength as Coronavirus spreads
Title underwriters won’t be hit as hard by the coronavirus as other insurers, but related economic changes will challenge them, Fitch Ratings said, in assigning a negative outlook to the…
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Two Harbors sells nonagency MBS, refocuses on agency market
Two Harbors, a real estate investment trust, sold the bulk of its nonagency mortgage-backed securities portfolio to head off margin calls and refocus on its more favorable agency-MBS investments. Source:…
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Clear Capital’s New OwnerInsight Tool Lets Homeowners Fill in Appraisal Gaps
As reported earlier this week, some important pieces of the home loan process have been disrupted by the ongoing and seemingly intensifying coronavirus epidemic. One issue has been home appraisals,…
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CFPB postpones quarterly HMDA reporting
The reprieve from mortgage data collection was among several changes to the agency’s supervisory and enforcement procedures to help firms responding to the COVID-19 pandemic. Source: Mortgage
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Preview: How financial and professional services companies are responding to coronavirus
Arizent, the parent company of National Mortgage News, has conducted a broad industry survey on both the impact of the crisis and emerging responses. The survey probed continuity efforts and…
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Mortgage rates drop as Fed soothes investor economic worries
The actions taken by the Federal Reserve to calm the financial markets was key to the drop in mortgage rates this week, according to Freddie Mac. Source: Mortgage
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Fannie Mae and Freddie Mac Roll Out New Payment Deferral Option
To further complicate the complicated mortgage relief picture surrounding the coronavirus outbreak, Fannie Mae and Freddie Mac have released their new “payment deferral” option early. Originally slated to roll out…
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