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
Middle East uncertainty could cause mortgage rates to fall
Instability among foreign relations typically drags down long-term interest rates and the latest crisis with Iran could be a catalyst for a drop in 2020, according to NerdWallet. Source: Mortgage
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FHA puts defect taxonomy revisions in place to encourage bank lending
The Federal Housing Administration has implemented defect taxonomy revisions for 2020 that it considers one of several milestone achievements in its efforts to "provide greater clarity and consistency for lenders.”…
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Redwood launches first 2020 prime jumbo issuance
Redwood Trust’s next mortgage-backed securitization consists almost entirely of older mortgages it originally sold off, but has since reacquired to assign to its first deal of the new year. Source:…
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Treasury yields fall following U.S. attack on Iranian general
Yields on the 10-year Treasury slipped in Jan. 3's morning hours as investors moved money into safer instruments following the U.S. attack that killed an Iranian general. Source: Mortgage
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NeighborWorks to administer modified Scranton homebuyer program
Officials hope a revamped Scranton, Pa., homebuyer program administered by a nonprofit partner will boost homeownership rates and bolster investments in city neighborhoods. Source: Mortgage
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Mass. transfer fee for big real estate deals to get push next week
A group of Massachusetts lawmakers, local elected officials and housing advocates plan to launch a new coalition next week to advocate for real estate transfer fee legislation. Source: Mortgage
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So You Want to Join Your Co-op Board?
Five new members thought it seemed like a good way to contribute ideas and gain some influence. Here’s what happened next. Source: NYTIMES
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How to Protect Yourself From Real Estate Scams
The F.B.I. says real estate transactions are a growing target of wire fraud. Here are some ways to fight back. Source: NYTIMES
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The Year Ended With Another Big Sale at 220 Central Park South
A sprawling duplex there sold for $92.7 million; it was the second-biggest sale over all in 2019. Source: NYTIMES
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Foreclosed Springfield buildings go on market for $5M asking price
Freedom Credit Union has listed for sale the three downtown Springfield, Mass., office buildings it took back in November in a mortgage foreclosure. Source: Mortgage
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