"May 14, 2026" Archives

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House spares BTR from institutional investor ban; plans vote next week

The build-to-rent (BTR) industry, in limbo over the past two months due to legislative uncertainty, could be on the cusp of notching a major legislative win last night. However, the fight on Capitol Hill is far from over.  The U.S. House of Representatives late Wednesday night released an amended version of the U.S. Senate’s 21st…

UWM launches Refi ’86 pricing incentive, upgrades to Mia AI assistant

On Thursday, United Wholesale Mortgage (UWM) announced a limited-time pricing incentive of 86 basis points per loan and upgrades to Mia, the company’s AI-powered loan officer assistant. The announcements were made by UWM CEO Mat Ishbia at UWM LIVE!, the company’s annual event for mortgage brokers. The incentive, dubbed Refi ’86, pays homage to the…

Chattanooga creates unit-level PILOT for mixed-income apartments

For more than two decades, Chattanooga has used payment-in-lieu-of-taxes agreements to reshape its downtown. But the tax-break tool that once helped fill the Tennessee River city with market-rate apartments has been retooled for a different purpose: mixing affordable and market-rate units. City officials say seven of every 10 renters are either rent-burdened or severely rent-burdened….

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