U.S. Appraisal Oversight Body Quiet For 7 Months, Now Running With 30% Smaller Staff

July 3, 2025 / no comments

The U.S. government agency tasked with regulating the nation’s real estate appraisals has undergone significant cuts to its staff and budget amid turmoil in the industry’s leadership ranks.
The Appraisal Subcommittee’s acting executive director, Matt Ponzar, told the ASC’s board in a meeting last month that the subcommittee is “currently operating with nearly 30% fewer staff.”
It was the first meeting the body has held since November, despite guidance on its website that regular meetings are supposed to occur at least four times a year.

Fannie Mae lawyer who took on multifamily fraud is set to leave

July 2, 2025 / no comments

A Fannie Mae lawyer who helped spearhead the agency’s investigation into rooting out mortgage fraud is on his way out. Jeff Goodman, a deputy general counsel and a senior vice president at Fannie Mae, oversaw the coordination of legal advice and counseling for the firm’s multifamily business. Goodman was also involved in the agency’s investigation […]

This article originally appeared on The Real Deal. Click here to read the full story.

Whole Foods sues Public Hotel over line for popular rooftop bar

July 2, 2025 / no comments

The throng of people waiting to enter the rooftop bar at Ian Schrager’s Public Hotel snaked down the block at 12:55 a.m. on a recent Saturday. A similar crowd can be found “during virtually all overnight hours” from Thursdays through Monday mornings at the Lower East Side hotel, according to a lawsuit filed by Whole […]

This article originally appeared on The Real Deal. Click here to read the full story.