Category: News and Trends

WASHINGTON, D.C.–The Mortgage Bankers Association recognized 36 mortgage professionals from the commercial/multifamily market segment in a graduation ceremony for its Future Leaders Program here at the association’s Annual Convention & Expo.

Cushman & Wakefield’s Chicago office acquired multifamily institutional investment sales brokerage firm KIG CRE.

The commercial mortgage-backed securities delinquency rate fell 23 basis points in September to 3.41 percent, reported Trepp LLC, New York.

The role of “non-traditional” lenders continues to grow within the commercial real estate finance market.

Fannie Mae, Washington, D.C., appointed Hugh R. Frater as Interim CEO, effective October 16, subject to final Federal Housing Finance Agency approval. He will succeed Timothy J. Mayopoulos, who announced his intention to depart in July and will leave the company on October 15.

U.S. commercial real estate property price growth picked up in August, reported Real Capital Analytics, New York.

Healthy economic momentum and consumer confidence have boosted travel and hotel performance, but the sector could see more volatility in 2019, analysts say.

Mountain America Credit Union, West Jordan, Utah, introduced eClosings on commercial loans.

The role of “non-traditional” lenders continues to grow within the commercial real estate finance market.

Fannie Mae, Washington, D.C., appointed Hugh R. Frater as Interim CEO, effective October 16, subject to final Federal Housing Finance Agency approval. He will succeed Timothy J. Mayopoulos, who announced his intention to depart in July and will leave the company on October 15.