Walker & Dunlop Debuts New Lending Platform
Walker & Dunlop Inc. has launched a new digital lending platform powered by machine learning to grow its small balance multifamily lending business.
"Multifamily investors...
Regions Bank Acquires Sabal Capital Partners
Regions Bank has entered into a definitive agreement to acquire Sabal Capital Partners LLC, a diversified financial services firm that leverages a technology-driven origination...
Commercial and Multifamily Mortgage Debt Increased in Q2 2021
The level of commercial/multifamily mortgage debt outstanding increased by $60.7 billion (1.5%) in the second quarter of 2021, according to the Mortgage Bankers Association's...
Downward Trend Continues for Commercial and Multifamily Mortgage Delinquencies
Delinquency rates of mortgages backed by commercial and multifamily properties have broadly improved in recent months, according to two reports released by the Mortgage...
Commercial Mortgage Lending on Track to Increase in 2021
Commercial and multifamily mortgage bankers are expected to close $578 billion of loans backed by income-producing properties in 2021 - a 31% increase from...
Midyear Multifamily Outlook Forecasts Return to Pre-Pandemic Trends
With demand for multifamily housing now exceeding pre-pandemic levels, Freddie Mac Multifamily’s midyear outlook is projecting rising rents, falling vacancies and a record-setting origination...
CoreVest Deploying SS&C Precision LM Software Tool
Commercial real estate lender CoreVest is implementing Precision LM loan management software from SS&C Technologies Holdings Inc. to improve automation and operational efficiency, streamline...
Trez Capital Hires Ryan Hodgdon as VP of Origination, Caperton Putt as Managing Director...
Ryan Hodgdon recently joined Trez Capital, a private commercial real estate lender, as vice president of origination.
In addition, veteran real estate lender Caperton “Cap”...
Mitsubishi UFJ Financial Adds to CMBS Trading Team
Mitsubishi UFJ Financial Group (MUFG) says Jake Kaercher has joined the firm's mortgage-backed securities trading team as a director, securitized product trading.
Kaercher will be...
LBA Ware Hires Georgia Capalbo as Client Success Product Liaison
Former State Bank vice president Georgia Capalbo has joined LBA Ware, a provider of incentive compensation management (ICM) and business intelligence (BI) software solutions...
MBA: Commercial Mortgage Delinquency Rates Are Still Slow to Improve
According to the Mortgage Bankers Association's (MBA) latest monthly CREF Loan Performance Survey, commercial mortgage delinquency rates decreased in April to reach the lowest...
Commercial Mortgage Delinquency Rates Show Mixed Performance in February
Delinquency rates among commercial mortgages decreased in February, as the COVID-19 pandemic's impact on mortgage performance continued to vary by the different types of...
MBA: Wells Fargo Tops List of Commercial Mortgage Servicers
The Mortgage Bankers Association (MBA) has released its year-end ranking of commercial and multifamily mortgage servicers' volumes as of Dec. 31, 2020.
At the top...
MISMO Selects HUD Policy Guru as its New President
The Mortgage Industry Standards Maintenance Organization (MISMO), the standards development organization for the residential and commercial finance industry, has named Seth Daniel Appleton as...
MBA: Commercial Mortgage Lending ‘Remained Subdued’ in Q3
Commercial and multifamily mortgage loan originations were 47 percent lower in the third quarter compared to a year ago and increased 12 percent from...
Life Insurance Company Chooses Loan Servicing Platform
National Western Life Insurance Co. is deploying SS&C Technologies Holdings Inc.’s cloud-based Precision LM software to support its commercial loan servicing operations.
"SS&C has an...
MBA: Commercial Delinquencies Down Overall, Still High for Lodging, Retail
According to the Mortgage Bankers Association's (MBA) latest monthly MBA CREF Loan Performance Survey, delinquency rates for mortgages backed by commercial and multifamily properties...
Pandemic Affecting Commercial Mortgage Delinquencies in Various Ways
According to two new reports from the Mortgage Bankers Association (MBA), the delinquency rates of mortgages backed by commercial and multifamily properties reveal the...
Law Firm Bolsters Real Estate Finance Team
Law firm Thompson & Knight LLP says Keith Brandofino, Maximiliano Rinaldi and David V. Mignardi have joined the firm's New York office in the...
Multifamily Lender to Use SS&C Technology Suite
Dougherty Mortgage LLC, a full-service nationwide multifamily mortgage banking firm, has selected SS&C Technologies Holdings Inc. as a technology and services partner, with SS&C...