Sentences with phrase «multifamily loans last»

At the same time, the Federal Reserve's senior loan officer survey shows an increased share of banks reporting tightening standards for multifamily loans last year, an effect that, if accurate, can take several quarters to see in the loan data.

The narrowing spread between interest rates and cap rates is cutting into returns, making it tougher for buyers to justify some transactions, says Frank Stallworth, executive vice president of 1st Trust Bank in Memphis, a retail and mortgage bank that originated $ 140 million in multifamily loans last year.

Freddie Mac, for example, securitized more than $ 68 billion in multifamily loans last year.

Not exact matches

S. 2841 builds on a multifamily loan - limit increase enacted by the federal government late last year.

Last year, Freddie originated $ 73.2 billion of multifamily loans, while Fannie originated $ 67 billion.

Because many commercial and multifamily mortgages are 10 - year loans, and little debt was issued in 2008 during the onset of the credit crunch, mortgage maturities are 42 percent lower this year than last.

TransAtlantic Capital Co., for example, was formed at the end of last year to originate and securitize commercial and multifamily loans for Deutsche Bank North America, the holding company that coordinates North American activities of Deutsche Bank and Deutsche Morgan Grenfell.

The Office of the Comptroller of the Currency warned last year that credit concentrations had increased in banks of all sizes, and pointed the finger at commercial real estate loans in general and multifamily loans in particular.