Mortgage Bankers Association
Number of Households Facing Moderate, Severe Burdens
An update from the Mortgage Bankers Association and Harvard’s Joint Center for Housing Studies on the striking post-recession changes in U.S. homeownership patterns.
Yield Curve Concerns May Keep Rates Relatively Low
While the financial markets have been sending out alarm signals, the Federal Reserve is taking a wait-and-see-approach.
Will Lending Plateau in 2019?
During the past few years, lenders charted record-high activity across property types and markets. But escalating asset prices, rising interest rates and regulatory shifts may force adjustments in 2019.
Delinquency Rates Still Low
Defaults for commercial and multifamily borrowers remained low in the third quarter of 2018, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report.
Multifamily Lending Report
The multifamily mortgage market is large and diverse, with 2,554 lenders making 44,623 loans totaling a record $285 billion in 2017. But a small number of dedicated commercial real estate lenders are responsible for the overall dollar volume of loans.
Delinquency Rates and Range
Strong property fundamentals, low interest rates and ample financing options continue to support the ability of multifamily and commercial real estate investors to repay their mortgages.
Midyear Origination Volume Reaches Record High
Low long-term interest rates, growing property incomes and rising values continue to support new loan demand, with multifamily and industrial registering the strongest first-half 2018 activity.
Grandbridge Appoints New President
Matthew Rocco has been with the company since 1998. His new responsibilities will include overseeing the company’s Agency Underwriting and Balance Sheet Closing groups.
“Non-Traditional” Lenders
Between 2016 and 2017, the dollar volume of loans reported intermediated for REITs, mortgage REITS and specialty finance companies; for credit companies; and for other “non-traditional” lenders grew by 56 percent.
Commercial and Multifamily Mortgage Debt Outstanding
During the first three months of 2018, commercial and multifamily mortgage debt outstanding increased more than during any other first quarter since before the Great Recession.