7th Yr of Growth Likely for CRE Loan Originations
The origination of commercial real estate loans is forecasted to reach seven consecutive years of growth and surpass any year since the financial crisis.
Apartment Loan Securitizations Soar at Fannie
The volume of apartment loans securitized by the Federal National Mortgage Association nearly doubled on a quarter-over-quarter basis.
Office Loans, GSEs Lead Rise in CRE Originations
Quarterly commercial mortgage production moved higher. Office property loans and mortgages acquired by the government-sponsored enterprises led the gain.
Freddie Mac's Total Portfolio Expands
An increase in the Federal Home Loan Mortgage Corp.'s total mortgage portfolio was registered for last month as new business slipped and delinquency fell to the lowest level since 2008.
CMBS Delinquency Down But Could Deteriorate in 2015
Performance on securitized commercial real estate loans improved last month and is likely to get even better before the year is out. But there is concern about an upcoming wave of maturing loans.
FHA Originations Drops, Delinquency Deteriorates
Monthly Federal Housing Administration originations turned lower and could see a further decline -- though reverse mortgage volume will likely rise. Loan delinquency worsened.
Regions Refinance Originations Rise
Despite a dip in purchase mortgage financing at Regions Financial Corp.'s, an increase in refinancing pushed overall home lending higher.
Flagstar Fundings Up, Mtg Assets and Servicing Off
The mortgage servicing portfolio and residential lending assets shrunk at Flagstar Bancorp Inc., but home loan originations expanded.
Correspondent Originations Surge at SunTrust
Even though residential loan production was down for the retail channel, SunTrust Banks Inc.'s correspondent acquisitions jumped by a third -- pushing overall originations up.
Multifamily Originations, Outstandings Increase
As mortgage bankers grew the volume of apartment loans originated last year, the amount of multifamily loans outstanding expanded.