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Home » Topics » IMFnews » Commercial/Multifamily

Commercial/Multifamily
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Commercial MBS Issuance Rebounds from a Slow Start

August 9, 2018
John Bancroft
Meanwhile, Fannie Mae and Freddie Mac accounted for 82.5 percent of all multifamily loans securitized in the first half…
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Certain Industry Factions Concerned About Growing GSE Footprint in Multifamily

July 30, 2018
Carisa Chappell
Fannie and Freddie have increased their market share in multifamily to 60 percent compared to 52 percent two years ago, according to former Obama administration official Michael Stegman…
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Industry Execs Concerned About Growing Fannie And Freddie Footprint in Multifamily Mortgages

July 27, 2018
Fannie Mae and Freddie Mac continue to be significant players in the multifamily mortgage market, but some industry observers question whether the mortgage giants are doing too much in this arena and how they’re going about getting business.
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Short Takes: Amazon Moves Ahead with Banking Plans / A Martini for Ditech / Cooperman and Ocwen / More Cost Cutting at Ocwen / Britti Gets a New Title / U.S. Bank Hires Wells Fargo Official

June 26, 2018
Paul Muolo
Leon Cooperman has been increasing his stake in Ocwen Financial and now owns about 11 percent of the firm…
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Short Takes: Wholesale Profit Margins Under Pressure Too? / Commercial Bank Seeks MB / A New IO MBS from JPM / An Update on Ex-FGMC CEO Peters / New Hires for Two Harbors, Walker & Dunlop

June 20, 2018
Brandon Ivey and Paul Muolo
All of the loans in the new JPM deal were originated by First Republic Bank, with seasoning of seven years...
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Credit Rating Agencies Find Interest-Only Loans Have Returned With a Vengeance to CMBS Conduit Pools

June 15, 2018
The share of interest-only loans in commercial MBS conduits has risen to near-peak levels last seen in 2007 as underwriting deteriorates, according to major credit rating agencies.
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Short Takes: No Relief in Sight for GSE Common / Pershing Square in a World of (GSE) Hurt? / JMP Likes Impac / Consumer Data Collection Returns to the CFPB / Plaza Home Promotes Fontaine

June 12, 2018
Paul Muolo and Yemeng Yang
JMP likes the higher profit margins that accompany non-QM lending…
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Short Takes: Hey, Hands Off of GSE Multifamily / What Ed DeMarco Wanted To Do / Cuts at Stearns? / More Non-QM Lenders Target Self-Employed Borrowers / New Hires at Promontory MortgagePath

June 6, 2018
Brandon Ivey and Paul Muolo
Over the years it seems as though commercial banks have basically ceded the multifamily market to nonbanks that use the GSEs as their secondary market takeout…
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Short Takes: Angel Oak Buys Stake in Commercial MB / Questions Being Asked about Trading in GSE Corporate Bonds / Texas Mortgage Shop Closes? / A New Hire for Pavaso

June 5, 2018
Carisa Chappell and Paul Muolo
Another mortgage company has closed. This one in Texas...
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Prestwick Selling MSR Portfolio Backed by Healthcare Facilities

June 4, 2018
Paul Muolo
The average loan amount is $10.9 million.
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