Agency multifamily MBS programs accounted for 72.2% of total commercial mortgage securitization in 2020, their most dominant share since the immediate aftermath of the financial crisis.

Home Point planned to sell 12.5 million shares at as much as $21 per share but the nonbank lender ended up with a smaller IPO.

Overall, Freddie said its multifamily arm financed 803,000 rental units, more than 95% of which qualified as “affordable.”

Like many companies in the sector, Capital Senior Living has been deeply impacted by the pandemic. The company posted a $215 million loss in the third quarter, $191 million of which it attributed to the transfer of these properties to Fannie.

More liquid is better than less liquid, especially during a refi bonanza...

Much of the third-quarter rebound came from securitization of mortgages on industrial properties.

The two investors will pay $13.50 per share for Front Yard, a 35.5% premium over what the company was trading for on Friday.

In addition to prohibiting bulk sales of foreclosed properties, individuals and other entities will have a 45 day window after a foreclosure auction to beat the highest bid.

Rep. Andy Barr of Kentucky: “Important sectors of our economy, including hospitality, conventions, entertainment, retail and commercial real estate, remain in stress."