The summer has brought big news for the housing industry including but not limited to multifamily market participants.
Category: News and Trends
Share of Mortgage Loans in Forbearance Decreases to 3.40%
New forbearance requests fell to a three-week low, the Mortgage Bankers Association reported Monday.
MBA: 2021 Commercial/Multifamily Lending to Increase 31% to $578 Billion
Commercial and multifamily mortgage bankers are expected to close $578 billion in loans backed by income-producing properties in 2021, a 31 percent increase from 2020’s volume of $442 billion, according to a new forecast released Tuesday by the Mortgage Bankers Association.
Quote
“With low for-sale inventory keeping home price appreciation in many markets at record highs, the jump in FHA purchase applications is potentially a sign that more first-time buyers are finding purchase options despite the high prices.”
–Joel Kan, MBA Associate Vice President of Economic and Industry Forecasting.
Commercial/Multifamily Briefs from Reonomy, Fannie Mae
Data firm Reonomy, New York, expanded its Market Glance insights to 30 metropolitan statistical areas across Multifamily, Office, Retail, Industrial and Hospitality categories.
Share of Mortgage Loans in Forbearance Decreases to 3.40%
New forbearance requests fell to a three-week low, the Mortgage Bankers Association reported Monday.
MBA: 2021 Commercial/Multifamily Lending to Increase 31% to $578 Billion
Commercial and multifamily mortgage bankers are expected to close $578 billion in loans backed by income-producing properties in 2021, a 31 percent increase from 2020’s volume of $442 billion, according to a new forecast released Tuesday by the Mortgage Bankers Association.
Dealmaker: JLL Arranges $422M for Atlanta Piedmont Center
JLL, Chicago, arranged $421.8 million for Piedmont Center, a 14-building, 2.2 million-square-foot Class A Atlanta office complex.
Andrew Foster: Multifamily Values Amid a Shifting Landscape
The summer has brought big news for the housing industry including but not limited to multifamily market participants.
MBA Shares Concerns with Ginnie Mae on Eligibility Requirements for Single-Family MBS Issuers
The Mortgage Bankers Association shared recommendations and concerns with Ginnie Mae regarding proposed changes to eligibility requirements for single-family mortgage-backed security issuers.