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.
Tag: Freddie Mac
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.
Q&A With M&T Realty Capital’s Michael Berman, CMB, and Jeffrey Rodman
MBA NewsLink interviewed M&T Realty Capital Corporation President & CEO Michael Berman, CMB, and Affordable Housing Program Manager Jeffrey Rodman about MTRCC’s business lines and affordable housing efforts.
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.
Multifamily Market Musings: A Q&A With PGIM’s Mike McRoberts
MBA NewsLink interviewed PGIM Real Estate Finance Managing Director Mike McRoberts, who serves as Chairman of the firm’s Agency platform.
Andrew Foster: Case-By-Case–Commercial Mortgage Forbearance Consideration Begins
As mortgage lenders shift focus from production to portfolio management in response to COVID-19, industry shifts are occurring alongside the inevitable reallocation of lending operation resources.
Federal Agencies Allow Member Banks to Postpone Appraisals for 120 Days
Three federal agencies this week announced a rule change allowing its member banks to postpone an appraisal on a residential or commercial property for 120 days after the loan is closed.
JLL, Wells Fargo Lead MBA 2019 Commercial/Multifamily Mortgage Firm Origination Volume Rankings
JLL, Wells Fargo and Eastdil Secured ranked as top commercial/multifamily mortgage originators last year, the Mortgage Bankers Association said today.
4Q Commercial/Multifamily Mortgage Delinquencies Remain Low
Commercial and multifamily mortgage delinquencies remained low in the fourth quarter, according to the Mortgage Bankers Association’s Commercial/Multifamily Delinquency Report.