Allied Van Lines, Oakbrook Terrace, Ill., released its U.S. Migration Report, analyzing where people are moving in the U.S., and reporting that moves decreased slightly–by 7%–between 2023 and 2024.
Category: News and Trends
FHFA Finalizes 2025–2027 Housing Goals for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency, Washington, D.C. issued a final rule last year establishing new affordable housing goals for the loan purchases of Fannie Mae and Freddie Mac over the next three years.
Dealmaker: M&T Realty Capital Corp. Provides Over $200M for Queens Property
M&T Realty Capital Corp., Baltimore, provided $204.95 million in financing for a multifamily property located in Long Island City in Queens, N.Y.
Freddie Mac Apartment Investment Market Index Up 9.2% YoY
Freddie Mac reported its Apartment Investment Market Index rose nationwide by 5.3% quarter-over-quarter and 9.2% year-over-year, continuing an upward trend.
CREF Policy Update: Federal Reserve Cuts Rates by 25 Basis Points; Third Rate Cut of 2024
Commercial and multifamily developments and activities from MBA important to your business and our industry.
MBA: Commercial and Multifamily Mortgage Debt Outstanding Increased $47.7 Billion in Third Quarter 2024
The level of commercial/multifamily mortgage debt outstanding increased by $47.7 billion (1%) in the third quarter of 2024, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.
CMF Quote of the Week
“The share of the balance of delinquent commercial mortgages increased for every major capital source during the third quarter of 2024.”
–Jamie Woodwell, MBA’s Head of Commercial Real Estate Research
CREF Policy Update: HUD Finalizes Rule on Multifamily Disbursements
Commercial and multifamily developments and activities from MBA important to your business and our industry.
RealPage: Multifamily Saw Stabilization in 2024
RealPage, Richardson, Texas, analyzed year-end trends, finding that the multifamily sector stabilized in 2024, with demand matching a 50-year supply peak.
MBA Opens Doors Foundation Welcomes Success Mortgage Partners’ Owen Lee, Philanthropist Mary Clarke Stevens to Board of Directors
The Mortgage Bankers Association’s (MBA) Opens Doors Foundation (Opens Doors) today welcomed Owen Lee, 2025 MBA Vice Chair and CEO of Success Mortgage Partners (SMP), and philanthropist Mary Clarke Stevens to its Board of Directors.