Greystone to provide $25 million in HUD-insured construction financing for a multifamily project; the COVID-19 outbreak has spurred technological innovation at FHA; A new hire for Down Payment Resource.
As the economic fallout from the coronavirus worsens, all eyes are on the FHA book of business. Forbearance is here but delinquencies could spike. And what about nonbank issuer/servicers? Ginnie isn’t saying much.