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...
MBA Expects Commercial Mortgage Lending Decrease in Second Half of 2022
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $733 billion this year, down 18% from 2021 totals ($891 billion),...
Redwood Trust Increases Lending Capabilities with Completed Riverbend Acquisition
Redwood Trust Inc. has completed the previously announced acquisition of Riverbend Funding LLC and its subsidiaries (Riverbend), a private mortgage lender to residential transitional...
GPARENCY Hires Evguenia Yerukhimovich as Product Manager
Evguenia Yerukhimovich has joined GPARENCY, a commission-free commercial mortgage brokerage, as product manager to oversee the discovery, design and solution exploration for GPARENCY products.
Yerukhimovich...
GPARENCY Taps Michael Stellrecht as Senior Analyst
Michael Stellrecht has joined GPARENCY, a commission-free commercial mortgage brokerage, as a senior analyst.
Stellrecht most recently served as an assistant vice president and credit...
Delinquency Rates Stay Low in Q1 2022 for Commercial Mortgages
The Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report shows a decline in commercial and multifamily mortgage delinquencies in the first quarter of 2022....
MBA Reports Nearly 75 Percent Jump for Q1 2022 Commercial Borrowing
Commercial and multifamily mortgage loan originations increased 72% in the first quarter of 2022 compared to the same period last year, according to the...
GPARENCY Debuts New Commercial Real Estate Lender Software Solution
Commercial mortgage brokerage GPARENCY has launched its new Match to Lender solution. The software solution gives CRE borrowers the ability to search by loan...
Kevin Palmer Promoted to Handle Freddie Mac Multifamily Business
Freddie Mac has named Kevin Palmer to head its multifamily business. He will serve as a member of the company’s Senior Operating Committee and...
Yardi Software Integrated Into Multifamily Data Reporting to Fannie Mae
Fannie Mae is the largest provider of loans for apartment buildings with $3.8 trillion in mortgages. As the largest credit and operational risk manager...
Fannie Mae Prices Fourth GeMS of 2022
Fannie Mae has priced a $736 million Multifamily DUS REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program. FNA 2022-M8 marks...
Commercial Borrowing Less Affected by Higher Rates, Economic Uncertainty
Total commercial and multifamily mortgage borrowing and lending is expected to hold steady at a projected $895 billion of total lending in 2022, roughly...