Sizing Up the FHA's Recent and Proposed Changes
The most visible changes recently rolled out by the Federal Housing Administration (FHA) address higher debt service and lower leverage levels on market-rate Sec. 221(d)(4) and Sec. 223(f) loans. But it’s not just underwriting that’s chan
Affordable Housing Lenders to Focus on Preservation Deals in 2011
Preservation will be the name of the game for affordable housing lenders next year.
Tawa Looks Ahead as HUD Refocuses on Affordable
It’s been a busy 14 months for Chris Tawa, to say the least.
Seven Steps to Managing Maturities
First, search for replacement financing.
Conduit Shops Open, But GSEs Still Dominate
While the CMBS market continues to struggle with record-breaking delinquency rates, several conduit lenders are cautiously re-opening their shops.
Non-GSE Lenders Start Gaining Traction
An interesting trend was buried toward the end of the Mortgage Bankers Association fourth quarter origination report.
MULTIFAMILY BORROWERS looking for small loans have to look a little harder these days.
CPC, IBM Team Up on Construction Financing Software
The Community Preservation Corp. (CPC), a nonprofit affordable housing lender for the New York City area, is finally getting rid of its spreadsheets.
Driven by Refis, Some Affordable Housing Lenders Expand
While the market for new construction of tax-credit deals remains sluggish, some affordable housing lenders are finding success focusing on preservation deals.
The Top 10 Affordable Housing Lenders of 2009
For many affordable housing lenders, 2009 will be remembered as a year not worth remembering