The Mortgage Bankers Association (MBA) Feb. 10 released its year-end ranking of commercial and multifamily mortgage servicers’ volumes as of Dec. 31, 2024, at its 2025 Commercial/Multifamily Finance Convention and Expo.
Category: News and Trends
Dealmaker: Greystone Provides $20.8M in Pennsylvania Multifamily Transaction
Greystone, New York, provided a $20.8 million Fannie Mae Delegated Underwriting & Servicing loan to refinance a 206-unit multifamily property in Allentown, Pa.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 7, 2025.
MBA: Mortgage Credit Availability Increased in January
Mortgage credit availability increased in January according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
Quote of the Day
“2024, and particularly the fourth quarter, was a welcome rebound for the industry following a slow pace of origination activity in 2023. The significant, but brief, dip in interest rates in September, followed by a pickup in market sentiment post-election, resulted in more business, with origination activity back to 2022 levels.”
–Mike Fratantoni, MBA’s SVP and Chief Economist on commercial and multifamily originations
Fannie Mae: Housing Sentiment Ticks Higher Despite Growing Affordability Concerns
The Fannie Mae Home Purchase Sentiment Index increased 0.3 points in January to 73.4, bouncing back slightly after falling last month for the first time since July. Year over year, the HPSI is up 2.7 points.
Green Lending Compliance: Balancing Costs and Opportunities
SAN DIEGO–As sustainability takes center stage in the financial industry, green lending has become a niche area with unique opportunities and challenges, panelists noted here at the MBA Commercial/Multifamily Finance Convention and Expo.
Commercial/Multifamily Borrowing Up in the Fourth Quarter of 2024, MBA Reports
Commercial and multifamily mortgage loan originations were 84% higher in the fourth quarter of 2024 compared to a year earlier, and increased 30% from the third quarter of 2024, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, released Feb. 10 at the 2025 Commercial/Multifamily Finance Convention and Expo.
MISMO Calls for Industry Input on New Version 3.6 Package
MISMO, the real estate finance industry’s standards organization, announced that it is seeking public comment on an updated MISMO Version 3.6 Reference Model package. The 60-day public comment period will run through April 12, 2025.
CRE Executive Perspectives: Looking Back at 2024
SAN DIEGO–Looking at it in the rear-view mirror, 2024 seems like two very different environments, senior executives said here at MBA’s Commercial/Multifamily Finance Convention and Expo Tuesday.