JLL, Wells Fargo and Eastdil Secured ranked as top commercial/multifamily mortgage originators last year, the Mortgage Bankers Association said today.
The Federal Reserve Bank of New York initiated the System Open Market Account holdings of agency mortgage-backed securities “in the amounts needed to support smooth market functioning."
MBA hosted a webinar on Friday, March 27 with commercial real estate finance industry leaders to discuss COVID-19’s impacts on the industry.
MBA NewsLink interviewed Fitch Ratings Senior Director of Structured Finance Adam Fox and Senior Director Britt Johnson about the potential impact of the COVID-19 pandemic on the commercial mortgage-backed securities ...
The CARES Act signed into law last week was necessary to address COVID-19 pandemic challenges, but additional liquidity is needed to avoid an unprecedented and systemic economic crisis, the Mortgage Bankers Association and other groups told policymakers.
The Treasury Department created an Assistance for Small Businesses page on the Small Business Administration's loan program.
Three federal agencies on Friday announced actions to allow banking organizations to continue lending to households and businesses: providing an optional extension of the regulatory capital transition for the new credit loss accounting standard; and allowing early adoption of a new methodology on how certain banking organizations are required to measure counterparty credit risk derivatives contracts.
Berkadia secured $328.25 million in Freddie Mac funds for three apartment communities in Massachusetts and Ohio.
Cushman & Wakefield added a five-member investment sales team led by Denny St. Romain and Jubeen Vaghefi to its Florida Multifamily Group.
Institutional real estate investors are adapting to a rapidly changing economic environment, said the Pension Real Estate Association, Hartford, Conn.
Zillow, Seattle, said renters working in food service and retail could spend 40 percent of their annual income on housing if they cannot work for two months–a nearly 6 percentage point increase from their current rent burden.
Harvard University’s Joint Center for Housing Studies postponed its annual State of the Nation’s Housing report due to the coronavirus pandemic.