Working on behalf of the borrower, JLL Capital Markets arranged a $56 million refinancing with a 223(f) HUD loan for a multi-housing property in Burlington County. The Capital Markets Debt Advisory ...
Wells Fargo & Co. was sued by the U.S., which alleged the bank made reckless mortgage loans that defaulted and forced the federal government to pay hundreds of millions of dollars in insurance claims.
On September 17, the DOJ and HUD announced a settlement with a New Jersey-based bank to resolve “redlining” lending discrimination allegations. The DOJ’s complaint claimed that from 2018 through at ...
New Jersey developer Fadi Samaan has sealed $27.7 million of U.S. Department of Housing and Urban Development (HUD)-backed debt to refinance a newly built multifamily asset in Passaic, N.J., ...
If you’re looking to purchase a home, you have a few loan options. Two common ones are Federal Housing Administration mortgage loans and conventional mortgages. Check Out: How Middle-Class Earners Are ...
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