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WCLA News

Proposed Law Treads On LibertiesMay 20, 2013

The Palmyra Town Board is considering passage of a new building code, Local Law 2. While the law is modeled on New York State's standard Uniform Fire and Building Code, it is stricter than the widely adopted Uniform Code in at least one respect   Click for more.

AIG bets on apartments, sees shift toward rentalsMay 13, 2013

AIG...increased investment real estate holdings by 15% last year to $3.2 billion, according to a regulatory filing...   Click for more.

Multifamily GSE Lending Reform: Potentially Disruptive and Inherently ValuelessMay 13, 2013

Without some form of government guarantees, the multifamily lending businesses of Fannie Mae and Freddie Mac have little inherent value, so conclude Fannie Mae and Freddie Mac in reports prepared for their conservator, the Federal Housing Finance Agency (FHFA) and released this week.   Click for more.

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