Commercial/Multifamily Briefs From M&T, Fannie Mae

M&T Commercial Banking, M&T Realty Capital Corporation, M&T Securities and M&T Investment Banking Group announced a new Affordable Housing platform to deliver offerings from its various divisions to our clientele across the affordable housing sector.

MBA Urges FHFA to Extend Current GSE Affordable Housing Goals

The Mortgage Bankers Association, in a letter this week to the Federal Housing Finance Agency, said FHFA should extend current affordable housing goals for Fannie Mae and Freddie Mac, given current economic uncertainty.

MBA Capital & Origination Council: Where Politics and Policy Meet the CRE Industry

MBA hosted a joint call with Origination Council and Capital Council on August 4th highlighting pertinent issues and challenges facing the commercial real estate finance marketplace. Grandbridge Real Estate Capital Chairman of the Board and Chief Executive Officer Matt Rocco chairs the Origination Council and led the call.

Multifamily Lending Increased 7% to New Record High in 2019

Fueled by strong market fundamentals and low interest rates, 2,589 different multifamily lenders provided $364.4 billion in new mortgages in 2019 for apartment buildings with five or more units, according to the Mortgage Bankers Association’s annual multifamily lending market report.

Sharon Walker: Multifamily Market Musings

The multifamily lending markets are ripe with interesting developments from the GSEs this year, whether it be re-proposed capital rules, LIBOR transition or ongoing responses to COVID-19.

Commercial/Multifamily Briefs June 18, 2020

Fannie Mae, Washington, D.C., priced a $719.5 million multifamily Delegated Underwriting and Servicing real estate mortgage investment conduit on June 10.

FHFA Re-Proposes Capital Rule to Move GSEs from Conservatorship

The Federal Housing Finance Agency issued a notice of proposed rulemaking that establishes a new regulatory capital framework for Fannie Mae and Freddie Mac. The proposed rule is a re-proposal of the notice of proposed rulemaking published in July 2018.