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Saluda Grade Invests $20 Million in Zippy to Expand Manufactured-Home Lending

Saluda Grade Invests $20 Million in Zippy to Expand Manufactured-Home Lending

by John G. Stevens | Oct 14, 2026 | Industry Updates, Mortgage Information

Saluda Grade has committed $20 million to manufactured-home lender Zippy in a Series C financing round that will help the company expand beyond the 27 states where it currently operates. The investment, announced Wednesday by the two companies, gives the asset-backed...
MBA Calls for Lower FHA Premiums and Mortgage Pricing Changes in Affordability Roadmap

MBA Calls for Lower FHA Premiums and Mortgage Pricing Changes in Affordability Roadmap

by John G. Stevens | Oct 14, 2026 | Mortgage Information

Source: Original announcement or official record.The Mortgage Bankers Association released a sweeping policy roadmap October 14 proposing changes to mortgage pricing, federal housing insurance and lender regulations that it says could lower housing costs. The...
FHLBank Chicago Expands Mortgage Pricing Options for Loans Up to $450,000

FHLBank Chicago Expands Mortgage Pricing Options for Loans Up to $450,000

by John G. Stevens | Oct 14, 2026 | Mortgage Information

Source: Original announcement or official record.FHLBank Chicago expanded low-loan-balance pricing choices for member institutions using its Mortgage Partnership Finance program. The changes cover qualifying conventional mortgages with balances up to $450,000,...
Community Bankers Urge Federal Regulators to Align CRA Changes

Community Bankers Urge Federal Regulators to Align CRA Changes

by John G. Stevens | Oct 14, 2026 | U.S. Housing Market

Source: Original announcement or official record.The Independent Community Bankers of America is calling on federal regulators to coordinate Community Reinvestment Act modernization, saying that differing approaches could make compliance more complicated for smaller...
Bipartisan House Bill Proposes Tax Credit for Multigenerational Home Renovations

Bipartisan House Bill Proposes Tax Credit for Multigenerational Home Renovations

by John G. Stevens | Oct 14, 2026 | U.S. Housing Market

Source: Original announcement or official record.A bipartisan proposal in Congress would create a federal tax credit for qualifying multigenerational home renovation expenses, potentially helping households modify existing properties to accommodate relatives across...
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