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More stories about Lenders

  • Getting Started as an Insurance Adjuster

    When a hurricane or other natural disaster strikes, CAT-adjusters go to work, assessing damage for insurance companies. Contractors looking for a job that takes their stiff joints and aching back off the jobsite might consider using their experience in construction as a licensed adjuster.

  • Praying for Cranes

    For many affordable housing lenders, 2009 will be remembered as a year not worth remembering.

  • Tawa Looks Ahead as HUD Refocuses on Affordable

    It’s been a busy 14 months for Chris Tawa, to say the least.

  • How to Survive Tough Times

    The stakes are raised this year for affordable housing developers.

  • The Ins and Outs of Swaps

    For the past several years, interest-rate swaps have been widely available to affordable housing borrowers as a method to fix the interest rate on a loan.

  • Uncertainty of Execution

    Fannie Mae and Freddie Mac lenders usually end the year with a flourish, processing deals hand over fist. But as 2008 came to a close, fewer affordable housing loans were closing.

  • A Wave of FHA Loans on the Horizon

    Freddie Mac and Fannie Mae have been saviors for the multifamily sector since the credit crisis began, but developers are increasingly turning to another agency lender.

  • Lenders Grow Cautious

    While construction financing remains affordable, many capital sources are beefing up their underwriting criteria this year.

  • Rehab Takes Center Stage in 2008

    Acquisition-rehabilitation deals are expected to take center stage in 2008, and Freddie Mac is hoping to share a piece of the spotlight.

  • Wells Seeks Unified Front in ’08

    Wells Fargo Multifamily Capital expects to grow its business by 20 percent in 2008 and is staffing up with some industry heavyweights in anticipation of the increased production.