The Federal Housing Administration on Wednesday increased the threshold at which a multifamily loan is considered a large loan from $75 million to $120 million. The Mortgage Bankers Association commended the move.
Tag: Ethan Handelman
HUD Requests Public Input About its Green and Resilient Retrofit Program
On Monday, HUD released a Request for Information in public inspection form to obtain input regarding its Green and Resilient Retrofit Program.
HUD Removes Temporary COVID-19 Underwriting Guidelines for Multifamily Transactions
HUD on Monday announced it would remove temporary COVID-19 underwriting guidelines for multifamily transactions under Section 223(f) of the National Housing Act, a move commended by the Mortgage Bankers Association.
People in the News July 22, 2021
Evolve Mortgage Services, Frisco, Texas, hired Tim Anderson as executive vice president and director of eMortgage strategy, to oversee further deployment of its digital closing platform.