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Appeals Court Clears HUD to Resume $4 Billion Homelessness Funding Overhaul

Appeals Court Clears HUD to Resume $4 Billion Homelessness Funding Overhaul

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....
Freddie Mac Puts $474 Million of Deeply Delinquent Mortgages Up for Sale

Freddie Mac Puts $474 Million of Deeply Delinquent Mortgages Up for Sale

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...
Zions Builds Out Agency Multifamily Lending Platform After Basis Acquisition

Zions Builds Out Agency Multifamily Lending Platform After Basis Acquisition

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...
UWM Expands Non-Warrantable Condo Lending and Launches Instant Eligibility Tool

UWM Expands Non-Warrantable Condo Lending and Launches Instant Eligibility Tool

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...
Lennar Cuts 2026 Delivery Target as Higher Rates Hit Orders, Profit and Margins

Lennar Cuts 2026 Delivery Target as Higher Rates Hit Orders, Profit and Margins

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...
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