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 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 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 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 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...