Business Observer, Dec. 7, 2018Banks nationwide, by a big margin in some cases, are slowing down commercial real estate lending in most property categories.
Category: Top National News
MBA: Commercial, Multifamily Mortgage Delinquencies Remain Historically Low
HousingWire, Dec. 7, 2018–Ben LaneDelinquency rates on commercial and multifamily mortgages stayed nearly historic lows during the third quarter, the Mortgage Bankers Association reported this week.
NFIP Extended to Dec. 21
National Mortgage Professional, Dec. 6, 2018–Phil HallThe National Flood Insurance Program was extended through Dec. 21 as part of Congress’ two-week extension for the federal government’s funding deadline.
A Deep Dive On The Economy
Real Crowd Podcast, Dec. 12, 2018–Tyler StewartMortgage Bankers Association Vice President of Research and Economics Jamie Woodwell joined the RealCrowd podcast to discuss the current state of the economy and what to look for as we head into 2019.
Six Skills Real Estate Investors And Developers Should Focus On Mastering
Forbes, Dec. 3, 2018 Forbes magazine asked six real estate professionals to share some critical skills anyone looking to succeed in real estate should possess.
BofA Says Commercial Real Estate Looks Better After Overheating
Bloomberg, Dec. 4, 2018–Lananh NguyenBank of America Corp. says the property market is getting more interesting.
NFIP Gets Seven-Day Extension
National Mortgage Professional, Nov. 30, 2018–Phil HallCongress passed a seven-day extension of the National Flood Insurance Program, hours before its scheduled expiration.
Commercial Loan Delinquencies Stay Down in 3Q
Scotsman Guide, Dec. 4, 2018–Victor WhitmanThe delinquency rate on commercial/multifamily loans held by major investor classes remained exceptionally low in the third quarter, according to the Mortgage Bankers Association.
Chinese Dumped $1 Billion of U.S. Real Estate in Third Quarter, Extending Recent Retreat
Wall Street Journal, Dec. 4, 2018–Esther Fung (subscription)Chinese investors offloaded more than $1 billion in U.S. real estate in the third quarter, extending their recent retreat from hotels, office buildings and other foreign property under pressure from Beijing to reduce debt and curb money sent abroad.
GSEs Establish Tougher Standards for Green Apartment Loans in 2019
National Real Estate Investor, Nov. 20, 2018–Bendix AndersonMultifamily borrowers will have to do a lot more in 2019 to get the lower interest rates offered by Fannie May and Freddie Mac’s popular “green” lending programs.