An affordable housing portfolio in Queens has secured an $86.4 million Freddie Mac refinancing, replacing acquisition financing on 506 apartments and providing another example of agency capital supporting preservation deals while conventional real estate debt remains...
Federal Housing Finance Agency Director Bill Pulte said Friday that Fannie Mae and Freddie Mac are stepping up purchases of mortgage-backed securities, signaling a renewed push by the government-sponsored enterprises to add demand to a market confronting mortgage...
Mortgage rates moved sharply higher this week, pushing the housing market back to the edge of the 7% threshold just as buyers and builders were already confronting renewed pressure from borrowing costs. The average rate on a 30-year fixed mortgage rose to 6.95% as of...
Freddie Mac is bringing approximately $474 million of deeply delinquent residential mortgages to market in its latest effort to reduce less-liquid assets held in its mortgage-related investments portfolio. The government-sponsored enterprise announced Wednesday that...
A recently built Philadelphia apartment property has secured $17.362 million in Freddie Mac financing, a relatively modest transaction that nonetheless offers a useful look at what is getting funded in today’s multifamily debt market. Greystone said it provided...
Barings Buys $66.2 Million Orange County Retail Center as Grocery-Anchored …
