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Treasury Sued Over $289 Million in CDFI Funding as Deadline Looms

Treasury Sued Over $289 Million in CDFI Funding as Deadline Looms

by John G. Stevens | Sep 21, 2026 | Mortgage Information

A business advocacy group representing community lenders sued the U.S. Treasury Department on Monday, seeking to prevent $289 million in congressionally appropriated funding for Community Development Financial Institutions from expiring at the end of the fiscal year....
Fannie Mae Names Buyer for $203 Million Non-Performing Loan Pool

Fannie Mae Names Buyer for $203 Million Non-Performing Loan Pool

by John G. Stevens | Sep 21, 2026 | Mortgage Information

Fannie Mae announced Monday the results of its latest non-performing loan sale, naming Residential Credit Opportunities Trust IX-D as the winning bidder for a pool of 919 loans totaling approximately $203.3 million in unpaid principal balance. The transaction is...
Avila Real Estate Capital Adds $390M for Homebuilder and Land Financing

Avila Real Estate Capital Adds $390M for Homebuilder and Land Financing

by John G. Stevens | Sep 21, 2026 | U.S. Housing Market

Avila Real Estate Capital has closed $390 million in new institutional commitments and co-investments, adding fresh private capital for land, lot and construction financing across the U.S. homebuilding sector. The new commitments came from two unnamed institutions — a...
Northmarq Acquires Thirdline Capital Management

Northmarq Acquires Thirdline Capital Management

by John G. Stevens | Sep 21, 2026 | U.S. Housing Market

Northmarq has acquired Thirdline Capital Management LLC, expanding the commercial real estate firm’s investment-management platform into the registered-fund business. The Minneapolis-based company announced the transaction Monday. Thirdline is an investment...
Mortgage Rates Open the Week Above 7% as Fed Inflation Warnings Intensify

Mortgage Rates Open the Week Above 7% as Fed Inflation Warnings Intensify

by John G. Stevens | Sep 21, 2026 | Current News & Events, Mortgage Information, U.S. Housing Market

Mortgage rates opened the week around the 7% threshold, keeping housing affordability under renewed pressure just days after the Federal Reserve raised its benchmark rate and signaled that inflation remains the central obstacle to easier financial conditions. Daily...
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