by John G. Stevens | Sep 16, 2026 | Real Estate News
A federal appeals court has temporarily cleared the U.S. Department of Housing and Urban Development to move forward with its 2026 homelessness-funding overhaul while HUD appeals a lower-court ruling that had knocked the program off track. The order from the U.S....
by John G. Stevens | Sep 16, 2026 | Industry Updates, Mortgage Information, News
Freddie Mac is bringing approximately $474 million of deeply delinquent residential mortgages to market in its latest effort to reduce less-liquid assets held in its mortgage-related investments portfolio. The government-sponsored enterprise announced Wednesday that...
by John G. Stevens | Sep 16, 2026 | Commercial Real Estate News, Industry Updates, Mortgage Information, News
Zions Capital Markets is moving quickly to build out the agency multifamily lending business it acquired from Basis Multifamily Finance, naming veteran lender Vince Toye to lead the platform. Zions, a subsidiary of Zions Bancorporation, said Wednesday that Toye has...
by John G. Stevens | Sep 16, 2026 | Industry Updates, Mortgage Information, News
United Wholesale Mortgage is widening the financing options available to mortgage brokers working with condominium projects that do not meet standard agency requirements, while adding a new address-based tool designed to show potential product eligibility. UWM...
by John G. Stevens | Sep 16, 2026 | Industry Updates, News, U.S. Housing Market
Lennar is lowering its 2026 home-delivery target again as higher mortgage rates, strained affordability and weaker consumer confidence put fresh pressure on one of the nation’s largest homebuilders. The Miami-based builder reported third-quarter net earnings of $284...