Mission Capital Advisors, New York, is accepting bids on behalf of an unnamed seller for all or part of a more than $260 million distressed commercial mortgage portfolio. The properties collateralizing the nonperforming and subperforming loans are in Florida, Georgia, Nevada, Arizona and California. Among the collateral property types are multifamily, condo-conversion, retail, office, single-family residential, residential development land, marinas, a restaurant and an auto dealership. Mission Capital can be found online at http://www.missioncap.com.
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HUD said its Office of Fair Housing and Equal Opportunity has reduced a Biden administration case backlog by 27% and accelerated investigations.
8h ago -
Bill Greenberg and Mat Ishbia held a video chat on June 11. The companies disputed the outcome, but in the end, UWM did not make a new proposal for Two Harbors.
8h ago -
Third-party originators support tightening some standards but say greater flexibility and coordination could help the market avoid disruption.
9h ago -
But moderating price growth and friendly building policies in many markets hint at emerging affordability for aspiring buyers, Zillow said.
11h ago -
On a year-over-year comparison, title underwriters produced 15% more premiums in the first quarter, as mortgage rates briefly fell under 6% in February.
June 15 -
The government-sponsored enterprise has provided language that servicers may utilize in situations involving temporary interest-rate buydowns.
June 15







