MBA’s Statement on FHFA’s 2024 Multifamily Loan Purchase Caps
MBA President and CEO Bob Broeksmit, CMB, released a statement regarding the Federal Housing Finance Agency’s (FHFA) announcement of the 2024 multifamily lending purchase caps for Fannie Mae and Freddie Mac (the GSEs).
CREF Policy Update Nov. 16: FHFA Releases Report on FHLBs
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Dodge Momentum Index Inches Up 1% in October
The Dodge Momentum Index improved 1% in October to 181.7 (2000=100) from the revised September reading of 180.3, according to the Dodge Construction Network, Hamilton, N.J.
Yardi Matrix Increases Multifamily Completion Forecast for 2024, 2025
Yardi Matrix, Santa Barbara, Calif., reported multifamily construction starts increased slightly in the third quarter, and overall construction levels should yield an uptick for 2024 and 2025 completions.
End of Year Analysis: The Affordable Rental Housing Strategy
In October 2022, the Mortgage Bankers Association launched the Affordable Rental Housing Strategy under the leadership of 2023 Chairman Matt Rocco, President of Colliers Mortgage.
Commercial and Multifamily People in the News Nov. 16, 2023
Commercial and multifamily personnel news from Greystone, JLL and Berkadia.
Dealmaker: Eastern Union Closes on $74M Refinance for New Jersey Property
Eastern Union, New York, announced it closed on a $74.2 million transaction to refinance a construction loan for a multifamily property in northern New Jersey.
Fannie Mae: Record-High 85% of Consumers Call It a Bad Time to Buy a Home; Most Expect Rental Prices to Increase
The Fannie Mae Home Purchase Sentiment Index remained largely flat in October, as consumer frustration toward housing unaffordability and an economy battling inflation continues to depress overall sentiment.