LISC appoints Valerie White to lead national housing strategy
White will oversee the organization’s national housing investments, with a focus on affordable housing.
Multifamily
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Rent collections improve slightly, but late payments signal strain
Compared with August 2024, the on-time payment rate is down 216 basis points. That marks the 25th consecutive month of annual declines.
WFG National Title added to Fannie Mae’s multifamily approval list
WFG provides escrow services and funding functions on behalf of its agents, a capability now required for Fannie Mae multifamily closings.
Redfin: Multifamily housing permits fall from pandemic highs
Developers secured an average of 12.8 permits for buildings with at least five units per 10,000 people from July 2024 through June 2025.
New Jersey AG hits RealPage and 10 landlords with antitrust suit
RealPage was hit with yet another antitrust lawsuit this week, this time from New Jersey Attorney General Matt Platkin.
Dunmor CEO Franck Ruimy on Newfi partnership and the residential investment lending sector
Even as high interest rates impact the housing market, Dunmor’s CEO anticipates a strong year for investor purchases and new developments.
Biden administration’s parting gift to real estate is a lawsuit against Greystar
The Federal Trade Commission is suing Greystar for allegedly deceiving tenants through fees that raised rents above the advertised amount.
MBA promotes Jamie Woodwell to lead its commercial, multifamily public policy efforts
The Mortgage Bankers Association (MBA) on Monday appointed Jamie Woodwell as its senior vice president of commercial/multifamily policy and strategic industry engagement.
NYC council approves sweeping plan that includes 82,000 homes
The “City of Yes” plans calls for the construction of 82,000 new homes over the next 15 years to address the Big Apple’s housing crisis.
Rental portal Zumper launches ’Zoe’ AI assistant
The rental portal this week launched an AI assistant named Zoe, which according to the company can answer “virtually any renter question about a property or its neighborhood.”