MBA: 2023 Commercial, Multifamily Borrowing/Lending Expected to Fall to $700B
The Mortgage Bankers Association released its updated baseline forecast Thursday, projecting total commercial and multifamily mortgage borrowing and lending to fall to $700 billion this year, a 5 percent decline from an expected 2022 total of $740 billion.
2 Million U.S. Homes Eligible Under New GSE Conforming Loan Limits
Zillow Home Loans, Seattle, said recently announced new conforming limits for loans eligible to be sold to Fannie Mae and Freddie Mac mean nearly two million U.S. homes no longer require jumbo loans.
FHFA Releases 2023 Scorecard for Fannie Mae, Freddie Mac, CSS
The Federal Housing Finance Agency on Wednesday released the 2023 Scorecard for Fannie Mae and Freddie Mac and their joint venture, Common Securitization Solutions LLC.
CMBS Delinquency, Special Servicing Rates Increase
The commercial mortgage-backed securities delinquency and special servicing rates both increased in November, according to Trepp LLC and DBRS Morningstar.
JOLTS Report: U.S. Job Market Remains Tight
In the first of four major jobs reports this week, the Bureau of Labor Statistics reported November job openings fell at a slower-than-expected pace, reflective of a continued tight labor market.
