Trion Properties, Los Angeles, secured a $52.6 million refinancing agreement for a four-property, 365-unit multifamily portfolio in greater Portland, Ore.
Tag: Freddie Mac

FHFA Extends Foreclosure/Eviction Moratoria through Mar. 28; Extends COVID-Related Loan Flexibilities
The Federal Housing Finance Agency said Fannie Mae and Freddie Mac extended moratoriums on single-family foreclosures and real estate owned evictions until March 31.

MBA CREF 2021: A Conversation with GSE Leadership
One year ago, almost no one could have predicted what 2020 would bring. Everyone in the real estate world had to adjust their expectations.

MBA: Loans in Forbearance Fall to 5.35%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 3 basis points to 5.35% of servicers’ portfolio volume as of Jan. 31 compared to 5.38% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.

Freddie Mac: South, West Populations Growing 7X Faster than Rest of U.S.
Freddie Mac, McLean, Va., reported the U.S. population in the South and West grew seven times faster than in the Northeast and Midwest between 2017 and 2019.

MBA: Share of Loans in Forbearance Unchanged at 5.38%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance remained unchanged at 5.38% of servicers’ portfolio volume as of January 24. MBA estimates 2.7 million homeowners are in forbearance plans.

Freddie Mac Projects Multifamily Origination Rebound Boosted by Smaller Markets
Freddie Mac, McLean, Va., projects overall multifamily origination volume will rebound, growing to $340 billion by year-end as the economy is boosted by another federal stimulus package.

MBA: Share of Mortgage Loans in Forbearance Increases Slightly to 5.38%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance increased slightly to 5.38% of servicers’ portfolio volume as of Jan. 17 from 5.38% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.

Dealmaker: Capital One Closes Freddie Mac Loans Totaling $79M
Capital One, Bethesda, Md., provided Freddie Mac loans totaling $79.4 million to refinance 18 apartment communities in California and Georgia.

MBA: Share of Mortgage Loans in Forbearance Decreases to 5.37%
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance fell to 5.37% of servicers’ portfolio volume as of Jan. 10, compared to 5.46% the previous week. MBA estimates 2.7 million homeowners are in forbearance plans.