Short Takes: CFPB Appeals Townstone Case / FDIC to Sell Signature’s Loans / Synthetic LIBOR Planned April 4, 2023 Brandon Ivey NCRC applauded the CFPB's decision to appeal a ruling in a redlining case.Read More
Non-Agency CMBS Tanks in 4Q22, Agency Multifamily Edges Up February 10, 2023 John Bancroft Lodging was the only major property type to get traction in the fourth quarter.Read More
New Securitization Sputters in Final Quarter of 2022 January 6, 2023 John Bancroft Another way to view it: 2022 was the seventh-highest annual output ever...Read More
A Tough Road Ahead for Certain CMBS Maturities January 4, 2023 Sam Manas Now, and for the foreseeable future, capital will remain costlier and less available...Read More
Nonbanks Raised $4B of Capital in 2022. As for Next Year… December 6, 2022 Paul Muolo BTIG believes the "near-term opportunity" favors more of a valuation recovery story for the mortgage stocks it covers...Read More
CMBS Falters in 3Q22 but Agency Multifamily Softens the Decline November 11, 2022 John Bancroft The biggest decline was in non-agency CMBS, where issuance tumbled 30.2%.Read More
FHFA Tweaks GSE Multifamily Goals for 2023-24 August 23, 2022 Dennis Hollier The new benchmarks are based on the percentage of affordable units, rather than the absolute number...Read More
Agency Multifamily Market Heats Up, but Non-Agency CMBS Cools August 12, 2022 John Bancroft Many of the top agency multifamily lenders recorded hefty gains in quarterly volume, including Walker & Dunlop...Read More
Commercial MBS Issuance Falls Back to Earth in 1Q22 May 16, 2022 John Bancroft The non-agency CMBS sector took the biggest hit...Read More
GSE Multifamily Earnings: A Nice Gain for Fannie, Freddie Not So Much February 28, 2022 Dennis Hollier In particular, Fannie benefited from loan-loss recaptures...Read More