MBA Expects Commercial Mortgage Activity to Drop Off 15 Percent in 2023
The Mortgage Bankers Association anticipates that total commercial mortgage borrowing and lending is expected to fall to $684 billion this year - a 15%...
Freddie Mac Multifamily Production Volume Reaches LIHTC Record of Nearly $1 Billion
Freddie Mac Multifamily’s 2022 production volume totaled $73.8 billion, including a record of nearly $1 billion in Low-Income Housing Tax Credit (LIHTC) equity investments....
Legacy Bank and Trust Acquires Crain Mortgage, Rebrands as Legacy Capital
Legacy Bank and Trust Co. and its holding company, OHFG Inc., have acquired Crain Mortgage Group LLC, a Dallas-based provider of secondary market FHA/HUD...
Commercial, Multifamily Delinquency Rates Climb Slightly in Q4
Delinquency rates for mortgages backed by commercial and multifamily properties increased slightly through the fourth quarter of 2022, according to the Mortgage Bankers Association's...
Freddie Mac Issued $65 Billion in Securities Through Multifamily Platform
Freddie Mac says it issued $65.1 billion of securities through its multifamily risk transfer platform in 2022. The company settled $46.5 billion in K-Deals...
MBA Predicts 5 Percent Drop in Commercial Mortgage Activity in 2023
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $700 billion this year, which is a 5% decline from an...
Freddie Mac Projects Multifamily Origination Market Will Slow Down in 2023
The multifamily market will continue to cool off in 2023, according to the Freddie Mac Multifamily 2023 Outlook, with rent growth moderating, vacancies ticking...
Steve Johnson, Bill Buskirk Serving in New Freddie Mac Multifamily Roles
Freddie Mac Multifamily has named two personnel to senior vice president roles. Steve Johnson will be head of production and sales, a position he...
Q3 2022 Saw $70 Billion Increase in Commercial, Multifamily Mortgage Debt Outstanding
The level of commercial/multifamily mortgage debt outstanding increased by $70 billion (1.6%) in the third quarter of 2022, according to the Mortgage Bankers Association’s...
MBA Finds Commercial, Multifamily Mortgage Delinquency Rate Stayed Low in Q3
Commercial and multifamily mortgage delinquencies remained low in the third quarter of 2022, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report.
Based...
The Many Benefits of CRM for Commercial Mortgage Brokers
BLOG VIEW: Nowadays, mortgage brokers, funders and lenders can find tools that help with virtually every need. Whether the priority is generating commercial real...
FHFA Publicizes 2023 Multifamily Loan Caps at $150 Billion for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency (FHFA) has declared the 2023 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $75 billion...
Borrowing Dropped 13 Percent for Commercial Mortgages in Q3
Commercial and multifamily mortgage loan originations decreased 13% in the third quarter of 2022 compared to the same period last year, according to the...
Fannie Mae Prices $392 Million Multifamily Social DUS REMIC
Fannie Mae has priced a $392 million Multifamily Social DUS REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program. FNA 2022-M2S...
Commercial Mortgage Delinquency Rates Dropped in Q3 2022
Delinquency rates for mortgages backed by commercial and multifamily properties declined through the third quarter of 2022, according to the Mortgage Bankers Association's (MBA)...
MBA Projects 14 Percent Decrease From 2021 for Commercial Mortgage Borrowing
The Mortgage Bankers Association’s (MBA) updated baseline forecast shows that total commercial mortgage borrowing and lending is expected to fall to $766 billion this...
MBA Reports Low Delinquency Rates for Commercial Mortgages
The Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report shows commercial and multifamily mortgage delinquencies declined in the second quarter of 2022. Based on...
JLL Capital Markets Hires Dante Thomas as a Managing Director
Danté Thomas has joined JLL Capital Markets, a professional services firm that specializes in real estate and investment management, as a managing director in...
Commercial, Multifamily Originations Increase 19 Percent from Q2 2021 to 2022
Commercial and multifamily mortgage loan originations increased 19% in the second quarter of 2022 compared to the same period last year, reports the Mortgage...
MBA Reports Lenders Provided $487.3 Billion in New Multifamily Mortgages
In 2021, 2,215 different multifamily lenders provided a total of $487.3 billion in new mortgages for apartment buildings with five or more units, according...