Jumping Back In
FANNIE MAE AND FREDDIE MAC are no longer the only games in town.
Bridge Building: Debt for Transitional Assets is Coming Back
The bridge loan market is starting to heat up, as providers see more opportunity in lending to transitional assets and distress acquisitions.
Freddie Mac Plans More Emphasis on Multifamily
Freddie Mac's CEO Ed Haldeman says "we want to bring more emphasis to the multifamily business," as the company revamps internal systems and seeks to close the competitive gap with Fannie Mae.
Freddie Keeps Tax Credits, Focuses on Preservation
Freddie Mac has no plans to sell its low income housing tax credit portfolio, and will spend the year focused on preservation deals as it struggles to lower the rates on forward commitments.
Non-GSE Lenders Start Gaining Traction
Life insurance companies, commercial banks, mortgage REITs and even conduit lenders are providing some healthy competition to the government-sponsored enterprises.
THE MEZZANINE FINANCING market is heating up.
Shaun Donovan: FHA D4 Changes are Necessary
The proposed underwriting changes to the FHA's Sec. 221(d)(4) program are necessary to ensure the long-term viability of the program, says U.S. Department of Housing and Urban Development Secretary Shaun Donovan.
FHA Bombshell: We're Tightening Our Underwriting
The FHA has become the most prolific and popular construction debt source since the advent of the credit crunch. But the agency has unveiled proposed changes to its Sec. 221(d)(4) and Sec. 223(f) programs which could make it much harder for developers to gain access to those programs, according to...
What the Portfolio Cap Lift Means for the GSEs
The Treasury Department has given the GSEs increased flexibility in reducing the size of thier portfolios. But will that announcement change the way Fannie and Freddie approach thier business?
Fannie, Freddie 2009 Production Numbers Point to 2010 Trends
The GSEs released thier 2009 volume numbers, and the steep declines in production mirror an industry that continues to bounce around the bottom. Still, the figures indicate what strategies each GSE will employ in 2010.