AD Mortgage flags condo reserve rules in FHFA letter
Similar Posts
Pending home sales post steepest monthly drop of 2026
The median sales price for an existing US home reached approximately $441,000 in June, an all-time high, according to NAR. Mortgage rates hovered near 6.5% during the month and have since risen further. The 30-year fixed-rate mortgage hit its highest reading since August 2025, reaching 6.65% in the week ending July 10, according to the Mortgage…
TSMC, the world’s largest contract chipmaker, reports 68% surge in June revenue
Taiwan Semiconductor Manufacturing Co. (TSMC) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Jan. 2, 2026. Michael Nagle | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Co. reported a 67.9% year-on-year rise in its June sales on Monday, ahead of its second-quarter earnings release later this…
Mortgage groups call on FHFA to ease new condo lending rules
More than one-third of all US housing, or 35.2%, sits within community associations, according to the Foundation for Community Association Research’s 2025 Statistical Review, which tallies 373,000 community associations housing 78.1 million residents nationwide. For first-time buyers, moderate-income households, seniors, and buyers in higher-cost markets, the letter said, condominiums remain “one of the most attainable paths to…
Insurance, Real Estate Firms Take 57K SF at SL Green’s 1185 Avenue of the Americas – Commercial Observer
Two companies signed recent deals at SL Green Realty’s 1185 Avenue of the Americas. In the largest lease, international specialty insurance firm Ryan Specialty signed a 10-year renewal and expansion lease at the 42-story office property, taking 29,166 square feet across the building’s entire 38th floor, the landlord announced. SEE ALSO: Retail Veterans Joshua Strauss…
Ultimately Uneventful Despite Modest Weakness
Ultimately Uneventful Despite Modest Weakness 2 Hours, 7 Min ago Ultimately Uneventful Despite Modest Weakness Bonds lost ground modestly today with the ultimate damage being roughly an eighth of a point for MBS and less than a bp for 10yr yields. The selling was led by the short end of the curve…
Finance of America expands second-lien product’s reach
Finance of America is expanding its second-lien reverse mortgage product into four new markets to meet increased demand, it announced in a press release Tuesday. Processing Content HomeSafe Second added Louisiana, Rhode Island, Missouri and Washington, D.C. to the states it was already available in: Arizona, California, Colorado, Connecticut, Florida, Illinois, Indiana, Michigan, Montana, Nevada,…
