The country's largest residential rental start-up just raised $46 million to develop a platform that will allow customers to rent a house or apartment instantly online
NYDFS Superintendent Maria Vullo claims the OCC usurped state powers
The change reflects the company's weaker valuation, underwriting, and technology
Affected counties have bucked the national trend with an increase in for-sale inventory
However, he warned that current price growth was "unsustainable"
Expedia's HomeAway also filed a similar lawsuit
The platform will develop and hold for-rent residential assets in US gateway cities
The release responds to HECM program changes carried out by HUD in October