Source: Chicago Business —

Airbnb is committing $250 million to a new Housing Accelerator aimed at closing financing gaps on stalled rental projects, beginning with a $6.4 million investment supporting 201 affordable homes in Austin. Continue Reading Airbnb Puts $250 Million Behind Stalled Housing Projects — Starting With 201 Affordable Units in Austin
Residential permitting has now fallen year over year for 44 straight months, according to Zillow’s latest analysis. The pullback is sharpest in several pandemic-era Sun Belt boom markets, raising a harder question for housing: what happens to supply when demand eventually returns? Continue Reading America’s Homebuilding Pullback Is Deepening — and the Sun Belt Is Leading It
Ameritrust Mortgage alleges a sprawling Baltimore investment-property scheme used roughly 90 DSCR loans, shell companies, inflated valuations and title irregularities to generate more than $14 million in losses. The federal RICO case puts lender controls around investor loans, appraisals and title work under a harsh spotlight. Continue Reading Ameritrust Alleges 90-Loan Baltimore DSCR Fraud Scheme Caused More Than $14 Million in Losses
Federal banking regulators are proposing a risk-based rewrite of third-party vendor oversight while separately warning core technology providers about restrictive contracts and fees. For mortgage operations, the proposal could reduce process-heavy reviews without reducing lenders’ responsibility for compliance and consumer harm. Continue Reading Bank Regulators Want to Rewrite Vendor Oversight — Mortgage Tech Could Feel the Change
AB CarVal has acquired a $340 million portfolio of performing multifamily and build-to-rent construction loans across seven U.S. metros. The deal is more than another CRE transaction: it shows private capital continuing to position itself where banks and other traditional lenders have become more selective. Continue Reading AB CarVal Buys $340 Million Construction-Loan Portfolio as Private Credit Moves Deeper Into Housing
The 10-year Treasury yield crossed 5% Monday for the first time since October 2023, intensifying pressure on mortgage pricing just as the Federal Reserve begins a two-day policy meeting. Continue Reading 10-Year Treasury Hits 5% as Mortgage Rates Face Fresh Pressure Before Fed Decision
0 Comments