Commercial and multifamily mortgage loan originations rose by 29 percent from the first quarter and rose by10 percent from a year ago, the Mortgage Bankers Association reported this morning in its Quarterly Survey of Commercial/Multifamily Bankers Originations.
Mortgage Demand Falls as Interest Rates Flatten
CNBC, Aug. 21, 2019--Diana Olick
Fannie and Freddie Plan Is Likely Released Next Month
Wall Street Journal, Aug. 21, 2019--Andrew Ackerman (subscription)
Fed Officials Viewed July Rate Cut as 'Recalibration' of Policy
Wall Street Journal, Aug. 21, 2019--Nick Timiraos (subscription)
Citigroup, Credit Suisse Re-Enter Risky Home Loans Market
Yahoo! Finance, Aug. 21, 2019
Most Homeowners Underestimate Hurricane-Related Damage Costs
National Mortgage Professional, Aug. 21, 2019--Phil Hall
RMBS Trustees Worry that Consent Process Will Slow Down Libor Switch
National Mortgage News, Aug. 21, 2019--Brad Finkelstein (subscription)
July Existing Homes Post Modest Increase
Existing home sales increased in July, rebounding from a drop in June, the National Association of Realtors reported yesterday.
Black Knight First Look: July Prepayment Activity Hits Highest Level Since 2016
Black Knight, Jacksonville, Fla., said national delinquency rates fell in July as prepayment activity jumped to its highest level in nearly three years.
CRE Cap Rates Mostly Stable
A healthy balance of moderate growth, low inflation and falling long-term interest rates kept commercial real estate capitalization rates broadly stable in first-half 2019, said CBRE, Los Angeles.
Dealmaker: Greystone Provides $294M for Multifamily, Senior Housing Portfolios
Greystone, New York, originated $294.2 million in Freddie Mac and Fannie Mae financing for apartment and senior housing portfolios.
MBA Risk Management, QA and Fraud Prevention Forum in Chicago Sept. 15-17
The Mortgage Bankers Association's Risk Management, QA and Fraud Prevention Forum takes place Sept. 15-17 at the Sheraton Grand Chicago.
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