Category: News and Trends

PHOENIX–Fannie Mae and Freddie Mac financed record amounts of multifamily real estate last year and look to do even more, company executives said here at the MBA Commercial/Multifamily Servicing and Technology Conference.

PHOENIX–Fannie Mae and Freddie Mac financed record amounts of multifamily real estate last year and look to do even more, company executives said here at the MBA Commercial/Multifamily Servicing and Technology Conference.

S&P Dow Jones Indices and Experian, New York, said its Consumer Credit Default Indices fell to the lowest level in 2017, despite an increase in bank card default rates for the sixth straight month.

The Federal Housing Finance Agency reported Fannie Mae and Freddie Mac completed 510,000 refinances were completed in the first quarter, a sharp drop from 750,767 in the fourth quarter.

Metrostudy, Washington, D.C. said U.S. remodeling activity increased for the 20th consecutive quarter to a record high on its Residential Remodeling Index.

While most commercial and multifamily mortgage delinquency rates have been hovering at or near all-time lows, the same cannot be said for commercial mortgage backed securities.

While most commercial and multifamily mortgage delinquency rates have been hovering at or near all-time lows, the same cannot be said for commercial mortgage backed securities.

While most commercial and multifamily mortgage delinquency rates have been hovering at or near all-time lows, the same cannot be said for commercial mortgage backed securities.

While many businesses increasingly use Application Programming Interfaces and other digital technologies to reduce errors and costs, speed up transactions and provide better customer service, the lending industry is (surprise) a tad behind the times.

For home sellers, low inventories and increasing home prices make this the best of times. But a report from Zillow and Thumbtack suggest hidden costs can present sellers with a different form of “sticker shock.”