Non-performing loan sales data reflects fewer delinquencies

Non-performing loan sales data reflects fewer delinquencies

The Federal Housing Finance Agency (FHFA) on Tuesday released an update about the sales of non-performing loans (NPLs) through the government-sponsored enterprises (GSEs), saying the data has shown a steady drop in... Read more »
Uplist’s Jeff Bell on finding efficiencies for loan officers

Uplist’s Jeff Bell on finding efficiencies for loan officers

Editor in Chief Sarah Wheeler sat down with Jeff Bell, president of both UpWell Mortgage and software company Uplist, to talk about how he thinks about technology, and the good news that... Read more »
Adaptive Reuse of West Village Garage Lands 0M Construction Loan

Adaptive Reuse of West Village Garage Lands $120M Construction Loan

Marathon Asset Management’s commercial real estate platform has originated a $120-million construction loan for 125 Perry St., a high-end residential development in Manhattan’s West Village. A Marathon’ team led by managing director Joseph... Read more »
FHA loan limit increases to 4,225 in 2025

FHA loan limit increases to $524,225 in 2025

The Federal Housing Administration (FHA) is increasing the “floor” and “ceiling” FHA loan limits in 2025 to $524,225 and $1,209,750, respectively, the agency announced Tuesday. The new FHA loan limits apply to... Read more »
FHFA to raise 2025 multifamily loan caps for GSEs by 4%

FHFA to raise 2025 multifamily loan caps for GSEs by 4%

The Federal Housing Finance Agency (FHFA) on Monday announced that it will raise the 2025 multifamily loan caps for purchases by the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to $73... Read more »
How marketing tech can empower loan officers in 2025

How marketing tech can empower loan officers in 2025

Should the goal of marketing technology be to make it so that a loan officer never needs to log in? Or, should LOs be encouraged to engage with marketing tools as much... Read more »
Adaptive Reuse of West Village Garage Lands 0M Construction Loan

Gantry Arranges Permanent Loan on Marina del Rey Apartments

Gantry secured a $27.8-million permanent loan to refinance the R3 by CLG apartment building located at 4091 Redwood Ave. in Marina del Rey. The 85-unit apartment building was originally delivered in 2016.... Read more »
Better introduces VA refi loan with no appraisal or closing costs

Better introduces VA refi loan with no appraisal or closing costs

New York-based digital mortgage lender Better.com launched a streamline refinance loan product on Monday that aims to help military veterans and service members save money on long-term interest expenses and closing costs.... Read more »
Adaptive Reuse of West Village Garage Lands 0M Construction Loan

Garment District Offices Score Five-Year Refi Loan

ERG Commercial Real Estate recently sourced a $4.65-million refinance loan on 150 W. 36th St., a Midtown Manhattan office building. The five-story, 13,000-square-foot building, with ground-floor retail, is located between Sixth and Seventh avenues... Read more »
Adaptive Reuse of West Village Garage Lands 0M Construction Loan

Gantry Arranges $56M Acquisition Loan for Monrovia Retail

Gantry arranged a $55.9-million purchase money permanent loan to acquire the Huntington Oaks retail center located at 500-600 W. Huntington Dr. in Monrovia. The acquisition encompasses 251,000 square feet of leasable space,... Read more »