Freddie Mac Multifamily has closed a $284.1 million affordable-housing securitization using a revamped M-Deal structure that the company says is more consistent with its other multifamily capital-markets executions.The M074 transaction covers 3,008 units across 19...
USDA Rural Development has launched a 24-month pilot designed to make it easier to preserve and transfer federally supported rural rental properties, a policy change that reaches a portfolio of roughly 400,000 affordable apartments.The agency announced the Multifamily...
Mortgage demand weakened again last week as borrowing costs moved sharply higher, with the Mortgage Bankers Association’s benchmark 30-year fixed contract rate climbing above 7% to its highest level in more than two years. The MBA’s Weekly Mortgage Applications Survey...
Five North Carolina homeowners have filed a proposed federal class action against Unison Agreement Corporation and related entities, challenging the company’s home equity agreements and alleging the products were misleadingly marketed and should be treated as...
Inflation concerns are broadening across the Federal Reserve after two regional Fed presidents backed last week’s interest-rate increase and emphasized that price pressures remain a greater risk to the economy than weakening employment. Richmond Federal Reserve...
Optimal Blue Buys Usherpa, Bringing Borrower Outreach Into Mortgage Pricing…
