Freddie Mac’s mortgage portfolio climbed to $3.71 trillion in September even as its monthly purchase volume eased and delinquency measures moved in opposite directions for single-family and apartment loans. The government-sponsored enterprise reported a total...
Freddie Mac priced a $243.4 million securitization of seasoned residential mortgages Monday, returning to a market where older loans, including mortgages modified to help struggling borrowers, are repackaged for investors. The Seasoned Loans Structured Transaction...
Freddie Mac has provided $91.78 million in refinancing for a manufactured-housing portfolio spanning six states, replacing debt across 13 communities owned by RHP Properties. The Redwood portfolio contains 1,892 homesites in Arizona, Connecticut, Maryland, Michigan,...
Freddie Mac has imposed a five-business-day reporting deadline on multifamily lenders that learn of serious problems affecting construction-stage forward commitments, while revising property insurance and interest-rate-cap requirements for apartment loans. The changes...
Freddie Mac reported October 15 that its average 30-year fixed mortgage rate held at 7.40%, unchanged from the prior week. The 15-year average slipped to 6.71% from 6.73%. The official survey places the 30-year benchmark well above its 6.27% level a year earlier.The...
Extra Space Storage Posts 4.6% Same-Store NOI Growth, Reports $1.4 Billion …
