Goldman Sachs Commercial Mortgage Capital LP, New York, has announced a strategic investment in Bulls Capital Partners LLC, a Vienna, Va.-based Fannie Mae DUS lender specializing in multifamily housing loans. The amount of the investment was not disclosed. In addition to taking a minority stake in Bulls Capital, GSCMC said it will also source loans to the Delegated Underwriting & Servicing lender. Bulls Capital can be found on the Web at http://www.bullscapitalpartners.com.
Developments like the downward swing in total jobs reported Friday, inflation and AI have made nonbank employment more complex and volatile this year.
Single-family mortgages originated with new scores have been put into private securitizations but these typically have been submitted alongside classic FICOs.
The collaboration comes after HUD issued several other updates earlier this year aimed at increasing affordability through loosened homebuilding policy.
Southeast impairments run 150 bps above other regions and alt-doc loans are up 200+ bps since 2025, while DSCR and full-doc improve. Time to review overlays.
Federal Reserve Gov. Lisa Cook said Thursday that private credit does not seem to pose additional risks to the financial system at the moment, but added that more information about the opaque market is needed.
A Treasury proposal would remove race and ethnicity from the criteria community development financial institutions can use to establish a targeted market population, a move that could affect institutions serving minority communities.
