$43M loan advances 192-unit Live Local apartments near Miami.
IPA Capital Markets closed $43M construction loan for 192-unit Lyra Palmetto Bay area, Live Local AMI 80-120% project near Miami - lending & equity upside.
Fannie Mae Finalizes Legacy REMIC Disclosure Overhaul for 112 Deals.
Fannie Mae consolidates legacy REMIC disclosures, adds tax data and retires older files across 112 non‑standard deals; private lenders should review disclosures.
FBI Investigates Lurin Capital Over Multifamily Collapse.
FBI seeks investor tips on Lurin LLC; private lenders should review exposure, collateral quality, recoveries and compliance risks of multifamily collapse.
Two men plead guilty to embezzlement at 924-unit Connecticut cooperative.
Federal convictions in a 924-unit cooperative reveal embezzlement, $4M+ restitution, lender exposure and recovery issues; private lenders must reassess risk.
Nearly half of buyers receive seller concessions as leverage increases.
Seller concessions common in Sun Belt markets, now increasing buyer leverage and shifting loan risk, pricing and collateral approaches for private lenders.
House committee advances comprehensive CFPB reform legislation.
House panel advances broad CFPB reform altering funding, supervision, rulemaking and enforcement—key regulatory shifts private lenders should evaluate. FYI
Hagens Berman Seeks Plaintiffs in Compass MRED Class Action.
Firm claims 98% market share; Compass finds 4.6% higher sale prices after pre-MLS marketing - implications for private lenders:pricing, risk and deal flow.
Realtor.com lead dispute moves to private arbitration after appeal fails.
The appeals court concluded it lacked jurisdiction because the lower court’s dismissal functioned as an effective stay pending arbitration rather than a final, appealable judgment. By treating the dismissal as a procedural pause to allow arbitration to proceed, the appellate panel declined to take [...]
The NIL era adds wealth and buyers to college housing markets.
Financial and mortgage professionals increasingly encounter young athletes who are managing sudden or nontraditional income from sponsorships, endorsements, or early professional contracts. Experts advise adapting underwriting practices to emphasize sustained cash flow and thorough documentation rather than treating a one-time payment as qualifying income. [...]
Pending home sales decline as buyers pull back.
Falling pending home sales cut transaction volumes and boost buyer leverage; private lenders should watch price movement, inventory shifts and credit risk.