PACE Loan Group, Minneapolis, provided $13 million in C-PACE financing for construction of a SpringHill Suites by Marriott Hotel in Seattle suburb Lakewood, Wash.
Category: News and Trends
Mortgage Application Payments Decreased in July, MBA Reports
Homebuyer affordability improved in July, with the national median payment applied for by purchase applicants decreasing to $2,127 from $2,172 in June.
VantageScore Reports Late-Stage Credit Delinquencies Increase Across All Credit Tiers
Late-stage delinquencies increased across all credit tiers in July, according to VantageScore, San Francisco.
S&P Cotality Case-Shiller Index Finds Shifting Market
June’s housing price trend continues a “decisive shift” in the housing market, with national home prices rising just 1.9% year-over-year–the slowest pace since Summer 2023–according to the latest S&P Cotality Case-Shiller Index.
Altus Group: CRE Transaction Volume Up in Q2
Altus Group, Toronto, released its Q2 2025 U.S. CRE Investment and Transactions report, finding that aggregate transaction volume totaled $115 billion, up 3.8% from Q2 2024.
Is it Time for More Mortgage Professionals to Include Reverse Mortgages?
Finance of America’s Steve Resch believes reverse mortgages have earned a seat at the table to be considered along with other mortgage products.
Dealmaker: M&T Provides $45M for Boston Affordable Housing Development
M&T Realty Capital Corp., Baltimore, provided $44.8 million in financing for a mixed-income multifamily development in Boston.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 0.5% from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending Aug. 22, 2025.
MISMO Calls for Industry Professionals to Join Commercial eNotes Development Workgroup
MISMO, the real estate finance industry’s standards organization, has issued a call for industry professionals to join the Commercial eNotes Development Workgroup (DWG), an effort to develop a glossary of common terms that will be used in the generation of commercial, home equity line of credit, agriculture, and multi-family digital mortgages.
ATTOM: Zombie Foreclosures See Slight Increase in Q3, Vacancy Rate Near Flat
ATTOM, Irvine, Calif., released its third-quarter Vacant Property and Zombie Foreclosure Report, finding that 1.4 million residential properties are vacant. That’s about 1.3% of all homes in the U.S.