Highlights
- WEBINAR: Understanding FHA/HUD's Recent Change to the Multifamily Mortgage Insurance Programs - July 29, 2010
(click here for archived presentation) - HUD Notice H 2010-11 was issued on July 6, setting the stage for a series of changes to the multifamily insurance programs that will update underwriting policies, increase lender and underwriter quality, and align loan application, submission and approval standards. For further information or to obtain a copy of the changes, as summarized by Red Mortgage Capital, LLC, currently the nation’s leading FHA Lender, please contact Charles C. Meyer at (800) 837-5100 or email him at ccmeyer@redcapitalgroup.com. (click here for HUD Notice).
- ORIX USA Acquires RED CAPITAL GROUP (click here for more...)
- Sale Repositions RED CAPITAL GROUP as Standalone Debt & Equity Capital Provider (click here for more...)
Recent Multifamily Housing Market Analysis by RED
NEW - Metropolitan Payroll Forecast - Aug '10
2010 Economic Overview for Ohio and the Midwest
Chicago, IL Market Overview - 2Q10
Sampling of Recent Experience
- July 2010
- Dorchester House Apartments
- $17,000,000
- Washington, D.C.
- Fannie Mae DUS® MBS
- 395 Multifamily Units
- May 2010
- Canterbury Gardens & Cascade Inn
- $12,000,000
- Longview & Vancouver, WA
- Fannie Mae DUS® MBS Seniors
- Total Capacity: 259 (Memory Care & Assted Living)
- May 2010
- Village Pointe Apartments
- $10,000,000
- Northridge, CA
- Fannie Mae DUS® MBS
- 258 Multifamily Units
