CMBS Issuance Down as Multifamily, GSE Lending Up
Driven by the government-sponsored enterprises, multifamily lending rose last year, as did office loan originations. But issuance of commercial mortgage-backed securities tumbled.
Fannie's Annual Business and Earnings Increase
Income, mortgage-backed securities issuance and the book of business all grew last year at the Federal National Mortgage Association.
Decline in Home Construction Started, Completed
The annual rate of building permits soared to the highest level since 2015. But weakening was reported for construction started and completed.
Annual Earnings, Business Up at Freddie
Annual earnings, secondary lending activity and loans outstanding all increased in 2016 at the Federal Home Loan Mortgage Corp.
Sinking Homebuyer Traffic Hurts Builder Confidence
A plunge in homebuyer traffic for new homes drove down the level of confidence among the nation's home builders for the second month in a row.
Ginnie MBS Outstanding at All-Time High
Despite a decline in monthly securitizations guaranteed by the Government National Mortgage Association, its book of business reached a record.
Mortgage Standards Sustained at Banks
For most depository institutions, credit standards for a range of residential lending programs haven't changed much over the past three months. Demand was mixed.
Respite From Deteriorating CMBS Delinquency
After ascending to a 14-month high, the rate of past-due payments on securitized commercial real estate loans took a turn for the better.
FHA Delinquency Rises
Monthly residential Federal Housing Administration business was little changed, as was its book of business. But deterioration was reported in the rate of single-family delinquency.
Fannie's Book at 3-Yr High, Lates at 8-Yr Low
The Federal National Mortgage Association's book of business climbed to a nearly three-year high, while delinquency fell to a nearly eight-year low.