Facilities and Real Estate

Mortgage closing fees are in the hot seat. Here’s why the feds are looking into them

Susan Wachter of the Wharton School says that now is a good time for the CFPB to investigate what’s causing mortgage closing fees to increase, though many services and fees are essential to the home-buying process.

Are we in the midst of a climate housing bubble?

Benjamin Keys of the Wharton School says that most homeowners should be able to sell and move somewhere cheaper rather than defaulting on their loans.

The original Ivy Stone from 1873 and in the shape of a shield is seen on Penn's College Hall.

Ivy Stones, a Penn tradition

Since 1873, each graduating class has placed an Ivy Stone on campus to commemorate their time at Penn.

U.S. weighs ban on charging buyers for lender title insurance

Benjamin Keys of the Wharton School says that shifting title insurance costs to lenders won’t solve the current problem with the mortgage market.

interim president larry jameson at solar panel ribbon cutting

Penn celebrates operation and benefits of largest solar power project in Pennsylvania

Solar production has begun at the Great Cove I and II facilities in central Pennsylvania, the equivalent of powering 70% of the electricity demand from Penn’s academic campus and health system in the Philadelphia area.

Sun shades attached to building windows.

What’s That? Sun shades at the Vagelos Lab

The shades account for solar geometry to make for an eye-catching view from the east and west—all while reducing energy usage.

dramatic light on Robert Indiana’s LOVE statue on Penn’s caption.

25 years of ‘LOVE’

The iconic sculpture by pop artist Robert Indiana arrived on campus in 1999 and soon became a natural place to come together.

Gen Z, millennials want to invest—but many aren’t, CNBC/Generation Lab survey finds. Here are the issues

Susan M. Wachter of the Wharton School says that the number of young adults still living with their parents is at historic levels due to unaffordable housing costs.

Californians face ‘devastating’ insurance hikes

Benjamin Keys of the Wharton School says that without a functioning insurance market there’s no functioning mortgage market or housing market.

Florida insurance crisis spells mortgage disaster

Benjamin Keys of the Wharton School says that it’s basically impossible to take out a mortgage without having an insurance policy.

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