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A GAO report released Oct. 14 finds HUD fell from about 8,800 to 6,300 employees in 2025, ended 21% of its contracts, and left fair housing groups with a 10-month funding gap.
Stand, which simulates how individual homes perform in wildfires and storms, raised a $70 million Series C led by Saga Ventures and says it now insures more than $10 billion of property.
Doug Middleton, who ran CBRE’s New York institutional investment sales group for eight years, joins Cushman & Wakefield as executive vice chairman with Jack Stillwagon.
Better named Linda Yaccarino an independent director after Vishal Garg’s consent solicitation ousted five directors and left the lender out of compliance with Nasdaq board rules.
Mortgagee Letter 2026-12 lets rental communities of detached houses, duplexes and triplexes qualify for FHA’s Section 221(d)(4) and 223(f) programs, with a five-unit floor, a 7% vacancy minimum and a narrow accessibility carve-out.
The MBA’s new policy roadmap, released at its Chicago convention, asks agencies to lower FHA premiums, trim GSE loan-level price adjustments and widen AI-assisted underwriting β all without new legislation.
The Swedish investment firm is paying $375 million in cash, plus up to $175 million in earnouts, for the San Francisco manager, pushing EQT Real Estate beyond logistics into core funds and manufactured housing.
An average of 47% of builders reported shortages across the nine trades NAHB has tracked since 1996 β a higher reading than any during the last housing boom, at nearly 30% fewer housing starts.
JLL appointed capital markets chief Mark Gibson to a newly created Country CEO, U.S. post effective immediately, and said Kevin MacKenzie will take over Capital Markets, Americas on Jan. 1, 2027.
Associated Builders and Contractors said its Construction Backlog Indicator reached 8.7 months in September on data center work, even as contractors’ sales expectations hit an 11-month low and margin pessimism rose to its highest since November 2025.
Brookdale Senior Living agreed to acquire the real estate under 30 communities it leases from Welltower for $290 million, cutting about $17.8 million from its 2027 rent and extending a separate 39-community lease to 2036.
Gov. Tina Kotek’s Oct. 9 letter asks Oregon DEQ to stop processing air and water discharge permits for new or expanded data centers through July 1, 2027, including municipal wastewater permits sought to serve them.
Sissie Hsiao, who led development of Google’s Gemini app, joined Compass’s board effective Oct. 14, filling the seat left by lead independent director Charles Phillips, who resigned Oct. 9.
Redfin counted 928,892 buyers against 1,510,784 sellers in September, the widest gap in its records and the fourth consecutive monthly record. Forty-one of the 50 largest metros are now buyer’s markets.
Consumer prices rose 0.6% in September and 3.7% over 12 months, and the shelter index that carries housing costs into the CPI reaccelerated to a 3.2% annual pace just as the Fed leans toward another rate increase.
Optimal Blue’s September Market Advantage report shows adjustable-rate loans at 14 percent of locks and non-QM at 12 percent of production, while rate-and-term refinancing fell 82 percent year over year and the conforming 30-year ended the month at 7.39 percent.
The Washington, D.C., fractional single-family rental platform closed a Series A led by Draper Associates at 55 percent above target, saying it was already cash-flow positive and manages more than 150 houses with four people on supply.
ISS and Glass Lewis both recommended that Sunrise Realty Trust shareholders approve the stock issuance behind its merger with Southern Realty Trust, a deal that would consolidate 12 shared loans onto one balance sheet and trigger a conditional $20 million buyback.
Discount-rate minutes released Oct. 13 show four Reserve bank boards requesting a higher rate by early September, and directors in most districts reporting that AI and data-center work was bidding up skilled labor and competing for supplies.
Baillie Gifford and funds managed by BlackRock co-led a $200 million Series D for ICON, which says the money will start production of Titan, its multi-story robotic printing system, in Austin, Texas.
The largest U.S. homebuilder by volume has signed a multi-year agreement giving it access to Promise Robotics’ Factory-as-a-Service platform for more than 1,250 homes, the companies said Oct. 13.
Existing-home sales rose 1.5% in September to a 3.99 million annual rate, NAR said Oct. 13, but remained 2.2% below a year earlier as investors and second-home buyers took 20% of transactions.
The 12,520-square-foot Atherton, Calif., house Jerry Rice built in 2001 is asking $35 million, after selling for $9 million in 2013 and failing to sell at $22 million in 2007.
Shareholders have sued Millrose Properties, the Lennar land-banking spinoff, over $200 million of home purchases they say contradict its filings. SEC exhibits show the company quietly authorized a single-family rental strategy in August.
Optimal Blue acquired Denver-based borrower engagement platform Usherpa and, the same day, connected its direct lock function to Fannie Mae’s PE – Whole Loan platform. Terms of the acquisition were not disclosed.
Anderson Real Estate said Oct. 12 it closed a $550 million refinancing of its two-building Century City office campus, with Wells Fargo as primary lender and the property 98.1% leased.
The Loan Officer Productivity Suite, announced Oct. 12, puts six AI features inside nCino’s mortgage point of sale, from a guideline-answering assistant to automated pre-approvals and disclosures. Two of the six were released earlier this year.
MBA’s Oct. 11 forecast puts 2027 one- to four-family originations at $1.994 trillion, a 5% decline from 2026 and $107 billion below what the association projected a month earlier, after it raised its 30-year rate path to 7.1% or higher through next year.
Contract signings fell 4% from August to their weakest level since spring 2014 outside the 2020 shutdown, Redfin reported Oct. 12, and declined year over year in all 50 of the largest U.S. metros for the first time in three years.
September existing-home sales land Tuesday and September CPI Wednesday, with Freddie Mac’s survey and Prologis earnings on Thursday. Housing starts and builder sentiment wait until the following week, and the Fed meets Oct. 27-28.
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