Strong Multifamily Markets Expected in 2015
Commercial mortgage originations for all of last year improved over 2013. In at least the multifamily sector, the momentum is likely to continue this year.
Delinquency Improves as Fannie's New Business Down
New business at the Federal National Mortgage Association fell to the slowest pace since last summer. Improvement continued, however, with loan performance.
Hotel Loans Out Front of Drop in CMBS Delinquency
The rate of late payments on commercial real estate loans that are part of securitizations was lower, and the lodging sector led the improvement.
New Post-Crisis Low for Freddie Delinquency
New business at the Federal Home Loan Mortgage Corp. skidded to the slowest level in seven months. But serious delinquency established a new post-crisis low.
GSE Earnings Tumble, Single Family Activity Slows
Annual earnings and single-family secondary activity turned lower at both Freddie Mac and Fannie Mae. But multifamily activity held up.
New Executives at Variety of Mortgage Firms
In addition to several mortgage bankers, a reverse mortgage lender and commercial mortgage lender have made executive appointments. Meanwhile, a former bank teller has worked his way up to serve as his company's chief executive officer.
FHA Closes Out 2014 On An Upbeat
The final month of last year was a winner for the Federal Housing Administration -- with originations ascending and delinquency declining.
CMBS Delinquency Rate Falls to Post-Recession Low
Performance on securitized commercial real estate loans improved to its lowest level since before the nation fell into recession.
Mortgage Acquisitions to Boost Servicing, Production
A bevy of recent mortgage mergers and acquisitions will help the acquiring firms increase originations, grow servicing portfolios and expand commercial mortgage production.
Ginnie MBS Issuance Modestly Higher
The Government National Mortgage Association lifted monthly securitization activity. The gain would have been more substantial if it weren't for commercial issuance.