A quarterly read on HUD/FHA multifamily practice — Washington D.C. and Mortgagee Letter updates, what is happening in the larger Agency marketplace, and the underwriting details that moved real deals.
Written by Wim Roach and Brian Lorenz. Get each issue when it publishes.
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The FFRMS rescission, noise approval changes, the ROAD Act, the 10-year above 5%, rate buydowns, and the Fair Housing memo.
Mortgagee Letter 2026-04, where rates and DSCR sizing landed, the ROAD Act update, 221(d)(4) momentum, and Montana property tax underwriting.