Highlights from HUD Lender Conference

Jason Brown, our Debt & Equity expert out of Detroit , attended the Midwest HUD MAP Lender's Conference the week of May 17th in Columbus, Ohio. Below are his highlights from the conference, but here is a good big-picture:
Overall, HUD is open for business. They are making changes to protect the viability of their programs going forward. They are not increasing mortgage insurance premium, nor are they reducing LTV's and DSCR to limits below their competition. HUD remains the highest leverage financing for multi-family and senior housing investors with assets in the Midwest.

Highlights From FHA/HUD MAP Lender Conference