New Requirements May Mean Longer Wait for FHA Loans
The Federal Housing Administration (FHA) recently unveiled sweeping changes to its multifamily programs, making it tougher on market-rate deals.
Sizing Up the FHA's Recent and Proposed Changes
The most visible changes recently rolled out by the Federal Housing Administration (FHA) address higher debt service and lower leverage levels on market-rate Sec. 221(d)(4) and Sec. 223(f) loans. But it’s not just underwriting that’s chan
Distressed Note Acquisitions Present Big Risks,Big Rewards
Distressed note purchases have been eyed by many investors as one of the bigger opportunities in the multifamily arena.
Financial Reform Act's Impact on Multifamily Borrowers Yet to be Seen
The Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law July 21, will undoubtedly impact commercial real estate lending.
How Low Can It Go? Interest Rates on GSE Debt Plummet
If you’re looking to lock up some long-term debt, you should probably look no further than Fannie Mae and Freddie Mac.
Michael Berman: CWCapital to Grow Platform, Enact 'Whole New Vision'
It’s been quite a year for Michael Berman.
Stop the Bleeding
THE GOVERNMENT HAS been busy.
Seven Steps to Managing Maturities
First, search for replacement financing.
Conduit Shops Open, But GSEs Still Dominate
While the CMBS market continues to struggle with record-breaking delinquency rates, several conduit lenders are cautiously re-opening their shops.
Non-GSE Lenders Start Gaining Traction
An interesting trend was buried toward the end of the Mortgage Bankers Association fourth quarter origination report.