February 2026

Urban multifamily looks like the new subprime

Enjoy complimentary access to top ideas and insights — selected by our editors.Want unlimited access to top ideas and insights? Subscribe Now During 2025, the normal caution that usually accompanies matters of finance was suspended. Many stocks and asset classes from AI to crypto tokens achieved lofty heights based upon less than realistic appraisals much […]

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Ed DeMarco, president of the Housing Policy Council

Calls to rethink FHFA credit changes grow with FOIA reveals

Newly released documents from a Biden-era Freedom of Information Act filing by the Housing Policy Council are reigniting debate over credit score modernization at Fannie Mae and Freddie Mac, showing internal resistance to VantageScore 4.0 and skepticism about using a single credit report.   Processing Content HPC highlights two takeaways from the redacted FOIA responses: that

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