Wells Seeks Unified Front in ’08
Wells Fargo Multifamily Capital expects to grow its business by 20 percent in 2008 and is staffing up with some industry heavyweights in anticipation of the increased production.
Fannie Mae and Freddie Mac lenders are used to rushing to close deals at the end of the year, but December 2007 was crazier than usual.
Small Loan Revolution
The guidebook for Fannie Mae’s small loan program just got a lot lighter.
Certainty of Execution
Turmoil in the capital markets continues to hobble conduit lenders, and conventional lenders are returning to more traditional underwriting standards and rates as 2008 begins.
The Power of One
Guy Johnson knows what it’s like to be part of a dying breed.
Banks Fall Behind
After a brief moment in the sun, banks are once again in the shade. For a few months this fall, banks were offering multifamily borrowers spreads equal to or even lower than the spreads offered by Fannie Mae lenders.
Mortgage Bankers Debate Lending Outlook
Orlando, Fla.–When America’s commercial mortgage bankers gather here Feb.
A New Day?
The Federal Housing Administration (FHA) is hoping that brighter prospects in 2008 will help it forget an ugly 2007.
Fannie Streamlines DUS Guide
What’s old is new again. Fannie Mae has revamped its Delegated Underwriting and Servicing (DUS) guide, the first major update since the DUS program began about 20 years ago.
Fannie Revamps DUS Guide
Fannie Mae has released its new Delegated Underwriting and Servicing (DUS) guide, an overhaul of the guidelines by which its network of affiliated lenders makes loans.