To the Point with Bob: Regulators: Take Steps to Recognize Warehouse Lenders’ Important Role in Today’s Housing Finance Market
This is a difficult time for the housing industry, and those challenges extend to all corners—not only mortgage lenders but also the warehouse lenders, vendors, title companies, and real estate agents that support the housing and mortgage finance ecosystem.
Black Knight: Past-Due Mortgages Approach Record Lows, Serious Delinquencies Continue to Improve
Black Knight, Jacksonville, Fla., reported the national delinquency rate fell 11 basis points in May to 3.1%, the lowest level it’s hit other than a record of 2.92% in March.
May CPPI Indexes Show Large Drops From 2022
MSCI, New York, reported its RCA CPPI index dropped 11.2% year-over-year and 1.2% from April, as commercial property pricing for all major sectors continued to post annual declines in May.
Dealmaker: Greystone Arranges $425M Construction Loan for Residential Tower in Long Island City
Greystone, New York, arranged a $425 million construction loan for a new mixed-use development with BLDG Management Co. in Long Island City, New York.
