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More stories about Credit

  • Yesterday’s Subprime Homeowner, Today’s Subprime Renter?

    Fool me once, shame on you. Fool me twice, shame on me.

  • Credit Crunch Cuts Defeasance Activity

    When HVM Management Co. looked to sell a portfolio of seven communities in the Carolinas late last year, principal Hal McCoy realized most buyers would likely want to replace the lowleverage conduit loans on five of the properties, in order to minimize their equity contribution.

  • Give Your Customers Some Credit

    Give your customers some credit

  • Fannie Streamlines DUS Guide

    What’s old is new again. Fannie Mae has revamped its Delegated Underwriting and Servicing (DUS) guide, the first major update since the DUS program began about 20 years ago.

  • Loan Guarantees Lead Way on Rural Housing

    For the past several years, the Sec. 538 loan guarantee program has been the flagship development program for the Rural Housing Service

  • CRA’s Anniversary: Much to Celebrate and Much Yet to Do

    As we celebrate the 30th anniversary of the Community Reinvestment Act (CRA), we are grateful that CRA has generated an extraordinary increase in access to credit and capital for working class and minority communities

  • Losing Ground

    As the subprime mortgage meltdown sends chills through the world’s credit markets, the agency best suited to bring stability is itself caught up in turbulence.

  • Taking Back Rent Week

    For most multifamily property managers, the community office is a madhouse during rent week, with leasing agents frantically keying in payment information between frequent trips to the bank.

  • Business

    No more free estimates; credit cards vs. debit cards

  • Business

    Prepare your company for the end of the year; get paid faster with credit cards