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Treasury Sued Over $289 Million in CDFI Funding as Deadline Looms

Treasury Sued Over $289 Million in CDFI Funding as Deadline Looms

by John G. Stevens | Sep 21, 2026 | Mortgage Information

A business advocacy group representing community lenders sued the U.S. Treasury Department on Monday, seeking to prevent $289 million in congressionally appropriated funding for Community Development Financial Institutions from expiring at the end of the fiscal year....
Fannie Mae Names Buyer for $203 Million Non-Performing Loan Pool

Fannie Mae Names Buyer for $203 Million Non-Performing Loan Pool

by John G. Stevens | Sep 21, 2026 | Mortgage Information

Fannie Mae announced Monday the results of its latest non-performing loan sale, naming Residential Credit Opportunities Trust IX-D as the winning bidder for a pool of 919 loans totaling approximately $203.3 million in unpaid principal balance. The transaction is...
Avila Real Estate Capital Adds $390M for Homebuilder and Land Financing

Avila Real Estate Capital Adds $390M for Homebuilder and Land Financing

by John G. Stevens | Sep 21, 2026 | U.S. Housing Market

Avila Real Estate Capital has closed $390 million in new institutional commitments and co-investments, adding fresh private capital for land, lot and construction financing across the U.S. homebuilding sector. The new commitments came from two unnamed institutions — a...
Airbnb Puts $250 Million Behind Stalled Housing Projects — Starting With 201 Affordable Units in Austin

Airbnb Puts $250 Million Behind Stalled Housing Projects — Starting With 201 Affordable Units in Austin

by John G. Stevens | Sep 14, 2026 | Current News & Events, Real Estate News

Airbnb is putting $250 million behind a new effort to get stalled housing developments moving, an unusually direct intervention in the housing-supply debate from a company that has spent years facing criticism over the effect short-term rentals can have on local...
EverBank and WaFd Strike $3.9 Billion Merger as Both Banks Shift Away From Residential Lending

EverBank and WaFd Strike $3.9 Billion Merger as Both Banks Shift Away From Residential Lending

by John G. Stevens | Sep 8, 2026 | Mortgage Information, Real Estate News

EverBank and WaFd are combining in a $3.9 billion transaction that will create a roughly $75 billion banking company — but for the housing industry, the more revealing part of the deal may be what both banks have been moving away from. The companies announced Monday...
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