CMF Newslinks Archive

“There is a need for GSE reform. But we’re not going to get to reform Fannie Mae and Freddie Mac if we don’t work together in the center to find common ground. There are plenty of issues we can find common ground on.”
–Rep. Terri Sewell, D-Ala., speaking to MBA’s National Advocacy Conference. Sewell serves on the House Financial Services Committee.

“If there were any doubts about rising vacancy in the apartment market they should now be put to rest.”–Reis Senior Economist and Director of Research Ryan Severino.

“Commercial real estate borrowing and lending in 2015 came within a whisker of the record-high level of 2007.”
–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.

“With the current dynamics of the market and the commercial mortgage-backed securities market dislocated and anemic, nothing tells me life companies won’t meet all their goals this year.”–Al Moczul, Senior Managing Director and Regional Director with Berkadia, New York.

“Renting is becoming a popular choice among many age groups. While most renters still have favorable views toward homeownership and aspire to it, many choose to rent because they view it as more affordable and a better fit for their lifestyle right now.”
–David Brickman, executive vice president of Freddie Mac Multifamily., McLean, Va.

“In 2015, commercial and multifamily mortgage debt grew by the largest amount since the series began in 2007; multifamily mortgage debt grew at the fastest pace since that series began in 1993; and the amount of commercial and multifamily mortgage debt held in agency and GSE portfolios and MBS and on bank balance sheets grew more than in any previous year on record.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell. 

“A number of market and regulatory factors are impacting the commercial and multifamily real estate finance markets. As just one example, in the past month, several Wall Street analysts have reduced their expectations for 2016 commercial mortgage-backed securities issuance by 25 to 30 percent.”–MBA Vice President of Commercial Real Estate Research Jamie Woodwell. 

“As MBA recommended last year and at subsequent meetings, we believe it is appropriate for HUD to recalibrate MIPs as a reflection of the sustained strong performance of the FHA multifamily insured portfolio with its delinquency rate of less than one-quarter of a percent and because of the growing need for multifamily affordable rental housing.”–Robert Warren, Managing Director and FHA Chief Underwriter for Wells Fargo Multifamily Capital

“Outside of the volatility of the Chinese stock market, which spooked markets globally back in August and has done so again recently, there is a wider concern about global economic growth.”
–JLL Global Capital Markets Research Director David Green-Morgan.

“In the face of the first Fed move in rates in December, market uncertainty still rallied 10-year Treasurys over thirty basis points since the third quarter. At the same time, lender sentiment has turned very cautious.”–Brian Olasov, Executive Director of Financial Services Consulting with Carlton Fields, New York.