FG Nexus announced it is moving deeper into manufactured housing, approving a strategy to acquire land-lease affordable housing communities directly while committing $10 million to a related private operator that already has dozens of communities in its portfolio. The...
U.S. homebuilder confidence fell to a 12-month low in September as higher mortgage rates and persistent affordability pressure pushed more builders to cut prices and lean on incentives to move new homes. The NAHB/Wells Fargo Housing Market Index dropped three points...
The Mortgage Bankers Association is asking a federal court to block New Jersey’s disparate-impact discrimination rule, arguing that the state created a compliance framework that conflicts with federal civil-rights law and puts mortgage lenders in an...
The housing recovery keeps getting postponed. A fresh Reuters survey of property analysts shows forecasters raising their mortgage-rate expectations again, with borrowing costs now expected to decline only modestly from current levels. The shift comes as the 10-year...
Ameritrust Mortgage Corp. has taken an alleged Baltimore investment-property fraud scheme to federal court, accusing a long list of borrowers, brokers, title-related businesses and other defendants of participating in transactions tied to roughly 90 loans that the...
Hurricane Isaias Strikes Florida Panhandle as $71.8 Billion in Commercial P…
