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U.S. Adds Just 29,000 Jobs as Treasury Yields Fall and Housing Watches for Rate Relief

U.S. Adds Just 29,000 Jobs as Treasury Yields Fall and Housing Watches for Rate Relief

by John G. Stevens | Oct 2, 2026 | Current News & Events, Mortgage Information, U.S. Housing Market

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...
FHA Nominee Matt Jones Puts Housing Supply, Regulatory Cuts at Center of Senate Hearing

FHA Nominee Matt Jones Puts Housing Supply, Regulatory Cuts at Center of Senate Hearing

by John G. Stevens | Oct 1, 2026 | Current News & Events, Mortgage Information

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...
Report: FHFA Preparing Bi-Merge Credit Rule for Fannie Mae and Freddie Mac

Report: FHFA Preparing Bi-Merge Credit Rule for Fannie Mae and Freddie Mac

by John G. Stevens | Oct 1, 2026 | Current News & Events, Mortgage Information, U.S. Housing Market

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 Provides $67.5 Million Construction Loan for 200-Unit New Jersey Apartment Project

SCALE Lending Provides $67.5 Million Construction Loan for 200-Unit New Jersey Apartment Project

by John G. Stevens | Oct 1, 2026 | Current News & Events, Mortgage Information, News

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 Adds Nearly $160 Million of Senior Housing as Portfolio Shift Accelerates

LTC Properties Adds Nearly $160 Million of Senior Housing as Portfolio Shift Accelerates

by John G. Stevens | Oct 1, 2026 | Current News & Events, News, Real Estate News

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...
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