While the perception might be that Fannie Mae and Freddie Mac play an «outsized» role in
multifamily mortgage markets, the facts tell a wholly different story,» he said in a statement to the agency.
His team provides liquidity and stability to
multifamily mortgage markets, supports affordable rental housing and looks to produce consistent economic returns at minimal risk to U.S. taxpayers.
Not exact matches
Jamie Woodwell is Vice President in the Research and Economics group at the
Mortgage Bankers Association (MBA), where he oversees MBA's research on the commercial and
multifamily real estate
markets.
Jamie's work covers the macro-economy, commercial and
multifamily property
markets, real estate finance, servicing,
mortgage banking benchmarking and more.
«For new construction and / or rehab projects in the Midwest and other locations, many borrowers are utilizing alternative sources of debt and equity, such as historic tax credits, new
market tax credits and EB - 5 funding,» says Jim Doyle, senior vice president at Bellweather Enterprise, a commercial and
multifamily mortgage banking company.
Industry experts at the
Mortgage Banker's Associations» (MBA) Commercial Real Estate Finance (CREF) /
Multifamily Housing Convention & Expo in Orlando shared their insight on today's debt
markets, ranging from the growth of CMBS to treasury yields to loan maturities.
There's no doubt that now is an interesting time in the
mortgage market for
multifamily assets located in secondary locations, brimming with potential, promise and uncertainty.
ORLANDO — It will be 2005 before the office
market sees a surge of demand, according to a panel of industry experts at the
Mortgage Bankers Association's Commercial Real Estate Finance /
Multifamily Housing Convention & Expo 2004, taking place in Orlando Feb. 1 - 4.
Stuart Davis, director of
multifamily production at Fannie Mae, says that the agency's goal is to remain the number one
mortgage lender and provide liquidity in soft
markets as well as growth
markets.
SAN FRANCISCO — Jeffrey Weidell, Nate Prouty and Andrew Slaton of NorthMarq's San Francisco regional office arranged first
mortgage refinancing in the amount of $ 188 million for Mansion Grove, a 1,000 - unit / 855,556 sq. ft.,
market - rate
multifamily community located at 502 Mansion Park Drive in Santa Clara, California.
In the latest episode of The REIT Report: NAREIT's Weekly Podcast, Britton Costa of Fitch Ratings discussed how developments in the housing and
mortgage markets are affecting the
multifamily REIT sector.
NorthMarq Capital's extensive experience placing loans with Freddie Mac consistently places us among the top three
mortgage sellers for one of the two largest investors in the
multifamily market.
As one of the nation's largest agency lenders (1), we connect you to a full range of competitively priced, reliable
mortgage products for the acquisition, refinance or rehabilitation of affordable and
market - rate
multifamily communities across the nation.
During the 2008 financial crisis, Paul's research indicates that the delinquency on residential
mortgages was as high as 4 - 5 % nationwide while
multifamily loan delinquencies were 1 % and almost nil if you excluded over exuberant
markets (think Las Vegas, Phoenix and Miami) and had experienced operators.
«While the apartment industry supports the return of a more robust private capital
market, we believe that setting caps on the GSEs»
multifamily lending volumes and reducing the diversity and availability of
multifamily mortgage products could interfere with stabilizing
market forces currently at work,» the joint letter stated.
CHICAGO — Sue Blumberg, senior vice president and managing director of NorthMarq's Chicago Regional office, arranged first
mortgage refinancing of $ 14.5 million for Shagbark Apartments, a 460 - unit,
market - rate
multifamily community located in Kenosha, Wis..
A growing economy, rising household formations, low
mortgage rates and pent - up demand will help single - family housing production to rev up in 2015 while a growth in renters will keep the
multifamily market at cruising altitude or higher, according to economists who participated in a recent National Association of Home Builders (NAHB) 2014 Fall Construction Forecast Webinar.
When the FHFA asked the public for ideas on how to get Fannie Mae and Freddie Mac out of the
mortgage market for
multifamily properties, they got some surprising results.
The pair of
mortgage - finance giants, which were bailed out by the U.S. government and placed in conservatorship in 2008 during the height of the financial crisis, have historically boasted outsize influence on the single - family
mortgage market, but Rosengren expressed concern that the duo's growing clout in the
multifamily sector may pose a risks, as the government considers new structures for the entities, created in the wake of the Great Depression to help facilitate homeownership.
In this role, he is responsible for overseeing MBA's industry surveys, benchmarking studies, economic and
mortgage originations forecasts, industry technology efforts, and policy development research for both single - family and commercial /
multifamily markets.