For the first time since Bisnow began tracking C-suite diversity in 2020, the industry got less diverse — not more. "People are leaving," one advocate says.
HUD's updated rule is intended to attract private capital and potentially ease a $170B backlog gap in the nation's public housing stock.
Fannie Mae cut roughly a dozen senior staff, causing concern among lenders about mortgage market stability.
Fannie Mae sued Alan Stalcup for $6.6M, alleging he neglected a San Antonio apartment complex it foreclosed on.
Marc Kulick, the head of Vesta Capital, borrowed cash from Efraim Diveroli, the man whose story inspired the 2016 film War Dogs.
New Freddie Mac guidelines place few limits on how AI can be used in lending, but the federal agency is demanding a paper trail for the tech's integration.
In addition to the new job, Bill Pulte will remain in his roles as director of the Federal Housing Finance Agency and chairman of Fannie Mae and Freddie Mac.
The CBRE Lending Momentum Index reached its highest point since 2021, with loans getting bigger along with LTV ratios, signaling market confidence from lenders.
New York City officials said the court judgment will give them "leverage" in bankruptcy proceedings.
The mortgage giant transferred the title of the apartment tower to Atlanta-based loan servicer Trimont.
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