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Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421a“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment deal“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment dealSL Green, Vornado kick in $100M to extend 280 Park loanSL Green, Vornado kick in $100M to extend 280 Park loanMacerich faces “imminent” default on $300M Santa Monica Place loanMacerich faces “imminent” default on $300M Santa Monica Place loan
South Florida

100 percent mortgages not dead yet 

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Although many critics blame little-to-no money down mortgages for hastening
the credit crunch, government-backed programs are making these options more
popular and viable. Down-payment assistance programs run by nonprofits can
provide the 3 percent down payment needed to qualify for a mortgage backed by
the Federal Housing Administration. These nonprofits are often funded by
sellers and homebuilders, such as D.R. Horton Inc., which advertises “100
percent financing” for certain condos. The FHA, however, is looking to
shut down these programs, saying that seller-assisted down-payment programs are
hurting the agency.