Lenders face considerable challenges managing their in-house panels in the current mortgage environment. AMCs offer solutions.

This year’s industry developments are dominated by the pandemic as well as associated social, political and economic impacts. Given this backdrop and the continued role of the GSEs in financing multifamily throughout market ups and downs, MBA NewsLink talked with Fannie Mae’s Kim Betancourt to get perspective on trends and what to watch as the multifamily market continues to evolve.

Freddie Mac, McLean, Va., reported that overall rental payment performance has remained strong in the face of the pandemic-related economic downturn.

Arbor Realty Trust, Uniondale, N.Y., funded $106.3 million in Freddie Mac and Fannie Mae loans for Virginia and Utah multifamily assets.

Delinquency rates for mortgages backed by commercial and multifamily properties declined in October, the Mortgage Bankers Association’s latest monthly CREF Loan Performance Survey reported.

Commercial and multifamily mortgage loan originations were 47 percent lower in the third quarter compared to a year ago, and increased 12 percent from the second quarter of 2020, the Mortgage Bankers Association reported.

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey revealed the total number of loans now in forbearance decreased by 7 basis points from 5.90% of servicers’ portfolio volume in the prior week to 5.83% as of October 25, 2020.

MISMO, the mortgage industry's standards organization, released its new MISMO API (application programming interface) Toolkit yesterday for a 60-day member comment period.