With updated FICO model, Figure Lending floats $321.1 million on HELOCs

Figure Lending is preparing to float $321.1 million in residential mortgage-backed notes, secured by first- and junior-lien revolving home equity lines of credit (HELOCs), in its first deal of the year. Processing Content FIGRE Trust 2026-EXP1 will sell the debt through seven levels of class A through G notes, slated to close around July 9, […]

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Congress Must Boost Manufactured Housing for Affordability

America’s housing affordability crisis has reached a breaking point. Home prices remain out of reach for millions of families, apartment rents continue to climb and the dream of homeownership is slipping further away for first-time buyers, working families, seniors and young Americans. Manufactured housing should be one of the nation’s most effective answers to this

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San Diego to get more transit housing density as SB 79 row settles

San Diego has spent recent years earning a reputation as one of California’s most aggressive housing builders, streamlining permits citywide. But city leaders hesitated when state law required them to draw boundaries for new housing near neighborhood bus stops. San Diego officials proposed a far tighter map than regional and state regulators wanted. They limited

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