Mortgage demand looks very different depending on which slice of the market is being measured. Fannie Mae’s latest weekly mortgage applications data show purchase application dollar volume rose 15.2% for the week ending Sept. 18. Total refinance application...
Fannie Mae has filed a $6.2 million foreclosure lawsuit against a Chicago multifamily portfolio as a widening series of foreclosure cases puts additional scrutiny on properties tied to the Bialostozky family and federally backed apartment debt. The new Cook County...
Fannie Mae is adding a new layer of credit-score information to its single-family mortgage-backed securities disclosures, giving investors more visibility into the models used to assess and price loans as the housing-finance system moves deeper into a multi-score...
Bow River Capital has financed its acquisition of a 456-unit apartment community in Northlake, Texas, with a $53.9 million Fannie Mae loan, adding another data point to the divide between multifamily properties that can still attract agency capital and assets...
Fannie Mae’s latest multifamily loan-document changes become mandatory Tuesday, making Sept. 22 an operational deadline for lenders handling most new multifamily commitments and certain forward conversions.The changes were announced in Multifamily Lender Letter...