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Home » Topics » IMFnews » Commercial/Multifamily

Commercial/Multifamily
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Tighter Scrutiny Forces Commercial Lenders, Securitizers to Tread Lightly in ‘Weed’ Market

September 14, 2018
A number of commercial real estate lenders are dipping their toes into lending to marijuana dispensaries with the expectation of securitizing these loans, but such ventures might be premature, according to an analysis by the Dechert law firm.
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REITs Continue to Grow MBS Investments, However…

September 14, 2018
John Bancroft
With agency MBS spreads remaining tight, Annaly has put more emphasis on commercial real estate and whole-loan acquisitions…
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S&P Estimates $63B of CMBS Exposure to Hurricane Florence

September 12, 2018
Yemeng Yang
The CMBS transactions with the highest potential exposure are collateralized by shopping malls and office properties in Northern Virginia...
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What We’re Hearing: Ex-Goldman Partners See Gold in the Subprime Hills / Under the Radar / Strong Non-QM Volumes from Angel Oak and Citadel / The Conventional Loan of the Future: Five Percent Down at Least / DeMarco Weighs In / Signs of Overheating: Home

September 7, 2018
Paul Muolo
Former Federal Housing Finance Agency Acting Director Ed DeMarco told us the bill is a good starting point and includes language that both Democrats and Republicans can agree on...
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Short Takes: Federal Help for the Gig-Worker Mortgage Market? / New SBC Programs from Silver Hill / Consultant Roque: LO Pay Isn’t Being Cut Quickly Enough / Fairholme: Fannie and Freddie are So Undervalued / A New Customer Service VP for RoundPoint

August 30, 2018
Paul Muolo
According to industry consultant Rick Roque, residential originators are not lowering loan officer compensation quickly enough...
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Correspondent Market Cooling in 2018 As Retail Share Grew in Second Quarter

August 23, 2018
John Bancroft
The residential mortgage market took an unusual turn in the second quarter as retail production gained ground under conditions that generally favor third-party channels...
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FHFA Pulls the Plug on Fannie and Freddie Funding Corporate SFR

August 22, 2018
Carisa Chappell
Fannie Mae came under heavy criticism from certain elected officials and affordable housing advocates for extending $1 billion in financing to Invitation Home Loans, an SFR operator that’s publicly traded.
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Short Takes: Celebrity in the Hunt / Ocwen Gets the ‘All Clear’ Signal from Ginnie / Oh Carol / The National Servicing Settlement – It’s a Wrap / Two Joes In Charge at Waterstone

August 22, 2018
Brandon Ivey and Paul Muolo
Celebrity Financial has several M&A irons in the fire...
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Short Takes: Broeksmit Takes Over as MBA Chief / His Resume / Cowen: Bright, a Plus for Housing / A Possible Successor to Watt at the FHFA? / Churchill Mortgage Executive Named to CMLA’s Board

August 21, 2018
Paul Muolo
Bright has been mentioned in housing and mortgage circles as a possible successor to FHFA Director Mel Watt.
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FHFA Wants GSEs to Take a Closer Look at Their Multifamily Lenders

August 20, 2018
Carisa Chappell
The FHFA wants Fannie and Freddie to institute proper controls and perform monitoring on their multifamily counterparties…
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