Greystone, New York, provided $43.4 million for two New York assets.
Category: News and Trends
DLA Piper: Commercial Trends Vary by Class
DLA Piper, London, recently released its 2023 Mid-Year Real Estate Trends Report, highlighting activity in multifamily properties, industrial assets and other sectors.
CBRE Survey Points to Expectations of Commercial Real Estate Price Stabilization
CBRE, Dallas, found in a survey that capitalization rates have begun to level off, and in a release said commercial real estate pricing appears poised to stabilize in the second half of this year.
FHFA Releases Fannie Mae, Freddie Mac Stress Tests
The Federal Housing Finance Agency on Thursday released the results of its Fannie Mae and Freddie Mac Dodd-Frank Act Stress Tests.
Foreclosure Starts Down in July, but Repossessions Increase, ATTOM Finds
ATTOM, Irvine, Calif., found in its July 2023 U.S. Foreclosure Market Report that foreclosure starts are down 12% from June and down 2% from a year ago.
Many Americans Misinformed About Home Buying, Survey Says
Only 14% of Americans surveyed know the current median house price range, and just 12% know the current interest rate for a 30-year mortgage, a publication owned by Clever Real Estate found in a survey.
Sales Increase in Master-Planned Communities
New home sales among the 50 largest master-planned communities increased in first-half 2023 compared to a year ago, reported RCLCO, Bethesda, Md.
Haven’t Reevaluated Your Document Automation Strategy Yet? Now’s the Time
Whether you’re an originator, servicer, wholesale lender or investor, managing loan documents and data effectively can mean the difference between the success or failure of your process automation strategies.
Residential Certified Mortgage Servicer (RCMS) Designation
Designed to carry you through the process of onboarding through career advancement and setting yourself apart, the Residential Certified Mortgage Servicer (RCMS) Certificate and Designation program is a comprehensive program …
Quote: Aug. 11, 2023
“The seasonally-adjusted mortgage delinquency rate fell to its lowest level since MBA’s survey began in 1979, reaching 3.37 percent in the second quarter of 2023. Buoyed by a resilient job market, homeowners are continuing to make their mortgage payments.”
–Marina Walsh, CMB, MBA vice president of industry analysis.