“I understand how the Department of Housing and Urban Development and FHA operate behind the scenes, how decisions are made, and what it takes to successfully close complex financing transactions from both sides of the table,” Frank Cassidy wrote on Linkedin.

Home prices increased by 0.1% on a monthly, seasonally-adjusted basis, according to Redfin.

Rithm Property Trust is looking to acquire an agency multifamily loan originator or servicer.

Both Fannie Mae and Freddie Mac will be subject to $88.0 million caps on their multifamily funding volume in 2026.

Some $11.98 billion of office-property financing was securitized in the first quarter, more than six times the volume in 4Q24.

NYMT has restructured its portfolio over the past two years to stop lending for multifamily properties and minimize funding of ground-up construction projects.

The share of mortgages in forbearance increased from 0.34% as of the end of September to 0.47% at the end of October, according to the Mortgage Bankers Association.

Some $30.44 billion of multifamily loans went into commercial MBS issuance in the third quarter, a 46.1% increase from the second quarter.

Home prices increased by 0.2% on a monthly basis in July, according to Redfin.

With the new securitization, Rocket's non-agency issuance of closed-end second liens will hit $2.19 billion for the year.