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Residency requirements top HUD OIG’s list of open reverse mortgage issues
10 Apr 2025 04:50 GMT
… mortgage borrower’s son failed to comply with HECM loan … to prevent tax and insurance default among borrowers. But the … their loans because they received rental assistance from HUD’s multifamily … and the Office of Multifamily Housing Programs to further …
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Multifamily April Alert
08 Apr 2025 17:30 GMT
… protection requirements for multifamily properties financed by … loan amount, and the possibility of finding that the landlord defaulted … on their loan obligations. However … apply to new loans for covered multifamily properties.
[View …
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Best reverse mortgage companies of April 2025
01 Apr 2025 10:12 GMT
… ago and are government-backed loans well worth considering. However, … mortgage insurance and protects lenders from financial losses due to defaults. The loan … is a substantial remaining mortgage loan balance. Finally, multifamily residences with more than …
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KBRA Releases Research – CMBS Loan Performance Trends: March 2025
28 Mar 2025 17:03 GMT
… U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in … already in special servicing. The multifamily delinquency rate (6.6%) decreased … default. The retail sector experienced the highest volume of newly distressed loans …
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Wells Fargo sues JPMorgan for overlooking fraud in $481 million commercial real estate loan
13 Mar 2025 23:17 GMT
… 481 million commercial real estate loan, leading to significant investor … million purchase of 43 multifamily properties spanning 8,671 … move forward with the loan anyway, allegedly because it … investors. When the borrower defaulted in 2022, more than …
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Wells Fargo Sues JPMorgan Over Troubled $481M Real Estate Loan
11 Mar 2025 07:10 GMT
… development firm, of 43 multifamily properties with 8,671 apartments … unwitting investors.
The borrower defaulted in 2022 and still owes … Group principal who provided a loan guaranty.
JPMorgan and the … JPMorgan to repurchase the loan, less amounts the trust …
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KBRA Releases Research – CMBS Loan Performance Trends: February 2025
28 Feb 2025 17:31 GMT
… U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in … six conduits). Additionally, seven other multifamily loans totaling $89.1 million also … default. The office sector experienced the highest volume of newly distressed loans …
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Trump's housing finance moves risk crisis in multifamily market
21 Feb 2025 21:20 GMT
… Mortgage Services, in the event that a government issuer defaults. … to the multifamily sector and at far higher loan-to- … principal balance, while non-bank multifamily loans – including the GSEs – … the GSEs out of multifamily lending, and also second homes …
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FHA Layoff News; Non-Del, SAM, Onboarding, Default Solutions; Training Opportunities; Inflation in the News
20 Feb 2025 18:56 GMT
… to loan-level events. The workflow-driven Default System … of boarding newly originated loans into servicing. Watch … explore potential changes in mortgage lending, affordability, and government- … with single-family and multifamily starts both falling markedly …
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KBRA Releases Research – CMBS Loan Performance Trends: January 2025
30 Jan 2025 18:29 GMT
… U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed … for imminent or actual maturity default. The mixed-use sector … , $276.4 million), and multifamily (8.9%, $222.1 … 15% mark. Seventeen office loans became newly distressed, the …