On July 27, 2023, our CDFI Advisory practice offered a webinar entitled, “CDFI 101 for Non-Bank Mortgage Lenders.” The presentation reviewed current and expected rules and regulations that govern the space and offered important considerations for anyone in the mortgage industry looking to learn more about the CDFI model. To learn more and view the presentation, click here.


Explore More

How the Caps on DTI, LTV and Credit Score Impact Homebuyers and Shift Credit Risk to other Federal Mortgage Programs

03/26/2021

BACKGROUND: On January 14, 2021, the Treasury Department and the Federal Housing Finance Agency (FHFA) amended the GSE’s Senior Preferred Stock Purchase Agreements (SPSPAs), which shape the terms in which Treasury supports Fannie Mae and Freddie Mac. This analysis looks at how the caps on the GSE’s “Acquisition of Certain Loans” can disproportionately impact homebuyers. […]

FHFA Credit Initiative: Five Areas of Lender Impact

10/19/2023

  DOWNLOAD PDF For additional information on how Falcon Capital Advisors can support your advocacy and transition contact Phil Bracken at [email protected] or Jim Voth at [email protected].

10.26.21 – Update: New Date for HUD-Held Vacant Loan Sale 2022-1 (“HVLS 2022-1”) – Now December 1, 2021.

09/21/2021

The U.S. Department of Housing and Urban Development (“HUD”) has announced an update to the date for the upcoming HUD-Held Vacant Loan Sale (“HVLS 2022-1”). The new date for this sale is now December 1, 2021, which replaces the previous sale date of November 10, 2021.

The sale will consist of due and payable Secretary-Held loans. The loans are first liens secured by 1 to 4-unit, vacant residential properties where the last surviving borrower is deceased. This sale will include increased bidding opportunities for non-profit and state & local government purchasers.

Entities interested in participating can contact the Office of Asset Sales Single Family Transaction Specialist at 1-844-709-0763 or email [email protected] for more information.

For prospective bidders to this sale, please refer to the section on this webpage entitled, For Prospective HUD Asset Sale Bidders, to become a qualified bidder and receive the Bidder Information Package for HVLS 2022-1.