Preserves long-term housing for over 45,000 residents. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced last month that the Bronx’s Co-op City Complex successfully…
Read MoreMortgage Lending
FHA Lifts Some Temporary Transaction Underwritings
Rolls back measures put in place April 2020. On Monday, The Federal Housing Administration (FHA) announced that they would be removing temporary COVID-19 underwriting mitigants for multifamily transactions…
Read More
Government Unveils Mortgage Refinancing Initiative
Program could help lower-income borrowers. The federal regulator of Fannie Mae and Freddie Mac unveiled a new program Wednesday to ease credit requirements, simplify documentation and waive certain…
Read More
FHA Issues Waivers for Mortgage Processing
Allows for remote interaction rather than usual in-person contact. The Department of Housing and Urban Development announced waivers of certain provisions in the Federal Housing Administration to allow…
Read More