U.S. employers added just 29,000 jobs in September, a sharp slowdown from August that pushed Treasury yields lower Friday morning and gave the mortgage market a measure of relief after this week’s surge in borrowing costs. The Bureau of Labor Statistics reported...
Matthew Jones, President Donald Trump’s nominee to lead the Federal Housing Administration, told senators Thursday that expanding housing supply and continuing HUD’s push to reduce regulatory costs would be central priorities if he is confirmed. Jones appeared before...
The Federal Housing Finance Agency is preparing to direct Fannie Mae and Freddie Mac to require mortgage lenders to pull credit data from two of the three national credit bureaus instead of all three, according to a person familiar with the plans cited by Bloomberg...
SCALE Lending has provided a $67.5 million construction loan to Capodagli Property Company for the second phase of Meridia Rahway Brownstones, a 200-unit multifamily development in Rahway, New Jersey.The floating-rate loan has a 30-month term with two six-month...
LTC Properties has acquired three senior housing communities for nearly $160 million while selling more than $260 million of non-SHOP assets, accelerating a portfolio transformation that has shifted more of the REIT’s earnings toward directly operated senior...