The Lede

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Commercial and Multifamily Mortgage Delinquency Rates Remain Flat
National Mortgage Professional, Sept. 26, 2017--Phil HallDelinquency rates for commercial and multifamily mortgages were mostly stagnant during the second quarter, according to new data from the Mortgage Bankers Association.
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Janet Yellen Says Fed Plans to Keep Raising Rates
New York Times, Sept. 26, 2017--Binyamin ApplebaumFederal Reserve Chairwoman Janet Yellen said on Tuesday the Fed plans to continue raising its benchmark interest rate despite some uncertainty about the reasons that inflation had weakened in recent months.
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How Capital Stack Dynamics Contribute to Today’s Challenges to Multifamily Developers
National Real Estate Investor, Sept. 26, 2017--Kevin FarrellWhile almost anyone investing in apartments prospered during the recent boom, the players that will succeed during this cycle shift will be experienced teams.
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How PNC’s Real Estate Head Leads by Listening
National Mortgage News, Sept. 25, 2017--Bonnie Sinnock Leadership is not about being the loudest voice in the room, it's about listening. That's Diana Reid's philosophy, and it's worked for her.
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As the Fed Steps Back From Mortgage Market, REITs Gear Up to Buy
Bloomberg, Sept. 21, 2017--Claire BostonMany fund managers are fearful about the Federal Reserve shedding its massive $1.78 trillion mortgage bond portfolio, a step it plans to start next month. Some investors say it's time to get greedy. Some mortgage bond fund managers known as real estate investment trusts have been raising cash at their fastest pace since 2013, giving them enough new capacity to buy more than $30 billion of the securities.
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Mortgage and Banking Groups Express Concern Over Efforts to Derail an Overhaul of Fannnie Mae, Freddie Mac
The Hill, Sept. 21, 2017--Vicki Needham (MBA mention)The groups on Thursday wrote a letter to Treasury Secretary Steven Mnuchin and Mel Watt, director of the Federal Housing Finance Agency, calling on them to help usher through bipartisan legislation in Congress to reform the housing finance system and end government control of the two entities.
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