During 2023, 2,520 multifamily lenders provided a combined total of $246.2 billion in new mortgages for apartment buildings with five or more units during 2023, according to data from the Mortgage Bankers Association (MBA). This represents a 49% decline from 2022...
The government-sponsored enterprises (GSEs) Fannie Mae (OTCMKTS: FNMA) and Freddie Mac (OTCMKTS: FMCC) are reportedly preparing tougher rules for multifamily property lenders and brokers. According to a Wall Street Journal report sourced from unnamed “people familiar...
Total commercial/multifamily mortgage debt outstanding rose to $4.70 trillion at the end of the first quarter, according to new data from the Mortgage Bankers Association (MBA), a $40.1 billion or 0.9% upswing from the previous quarter. Multifamily mortgage debt alone...
First quarter commercial and multifamily mortgage loan originations were essentially unchanged from one year earlier but were down 23% from the previous quarter, according to new data from the Mortgage Bankers Association (MBA). During the first quarter, there was a...
The Mortgage Bankers Association (MBA) released an updated forecast that predicts total commercial and multifamily mortgage borrowing and lending will reach $576 billion in 2024, up by 29% from last year’s estimated total of $444 billion. The total figure includes...
UWM Says VantageScore 4.0 Improves Results for 1 in 4 Borrowers
