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Fannie Mae Issues $10.4 Billion of Multifamily MBS in the First Quarter of 2015
Fannie Mae (FNMA/OTC) announced today that the company issued $10.4 billion1 of multifamily MBS in the first quarter of 2015, primarily through its Delegated Underwriting and Servicing (DUS®) program. Fannie Mae also resecuritized $3.4 billion of DUS MBS through its Guaranteed Multifamily Structures (Fannie Mae GeMS™) program in the first quarter of the year
National Association Real Estate Brokers President Donnell Spivey Calls For Federal and State Assistance...
Today, May 1, 2015, Donnell Spivey, a native of Baltimore, Maryland and the National President of the National Association of Real Estate Brokers (NAREB), the oldest association of black real estate professionals with over 90 chapters in 34 States is calling on the federal government to assist property owners in the city. As an owner of Exit Spivey Professional Realty in the Baltimore area, President Spivey has his hands on the pulse of the local real estate market.
Rental Inflation Drives Homelessness and Housing Instability for the Poor
This week the U.S. Department of Commerce Bureau of Economonic Analysis (BEA) released its “Personal Income and Outlays” report for March, 2015, which showed that the price index for personal consumption expenditures rose by just 0.3% from one year earlier (1.3% when food and energy are excluded). What is striking about this extremely low inflation rate is that the U.S. Department of Labor estimates that rents were up 3.5% in March from a year before
Mortgage Applications Decrease 2.3 Percent in Latest MBA Weekly Survey
Mortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 24, 2015.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 17, 2015. The Market Composite Index, a measure of mortgage loan application volume, increased 2.3 percent on a seasonally adjusted basis from one week earlier.
Housing Production Edges Up 2 Percent in March
Nationwide housing starts rose 2 percent to a seasonally adjusted annual rate of 926,000 units in March from an upwardly revised February reading, according to newly released data from the U.S. Commerce Department.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 10, 2015.
Builder Confidence Rises Four Points in April
Builder confidence in the market for newly built, single-family homes in April rose four points to a level of 56 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today
EPA Publishes 20th Annual U.S. Greenhouse Gas Inventory
The U.S. Environmental Protection Agency (EPA) released its 20th Inventory of U.S. Greenhouse Gas Emissions and Sinks today, showing a two percent increase in greenhouse gas emissions in 2013 from 2012 levels, but a nine percent drop in emissions since 2005
Applications for New Home Purchases Increased in March
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for March 2015 shows mortgage applications for new home purchases increased by 17 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 0.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending April 3, 2015.
Mortgage Credit Availability Increases in March
Mortgage credit availability increased in March according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) which analyzes data from Ellie Mae's AllRegs® Market Clarity® business information tool.
The Boulder Group Publishes 1st Quarter Net Lease Market Research Report
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the 1st quarter activity in the National Net Lease Market.Cap rates for net leased retail properties compressed by 10 basis points reaching a new historic low
About 70 Percent of Homes in Miami and Tampa Have an Emergency Kit
More than half, 51.5 percent, of U.S. homes have a prepared emergency evacuation kit, according to new metropolitan area-level American Housing Survey statistics released jointly today by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Independent Mortgage Banks’ profits in 4th Quarter 2014 down from previous quarter; up on...
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $744 on each loan they originated in the fourth quarter of 2014, down from a reported gain of $897 per loan in the third quarter of 2014, the Mortgage Bankers Association (MBA) reported today in its Quarterly Mortgage Bankers Performance Report
Former HUD Secretary Henry Cisneros Identifies Investment Potential of Major U.S. Cities with Varied...
In a new book published by the Urban Land Institute (ULI), former U.S. Housing and Urban Development (HUD) Secretary Henry Cisneros identifies potential for real estate investment in 45 metropolitan areas that exist on a spectrum of strong, weak, and mixed prospects for economic growth.
In Urban Real Estate Investment: A New Era of Opportunity, Cisneros offers an innovative and nuanced analysis of major U.S. cities by merging pre-existing data sets: quantitative performance indicators measuring economic output and demographic trends and a qualitative, city-by-city ranking based on surveys and interviews with real estate developers and investors. Developed by an independent research firm, the quantitative indicators include each city’s unemployment rate; changes in population; and job, income, and GDP growth.
Mortgage Performance Improved During the Fourth Quarter of 2014
The performance of first-lien mortgages serviced by eight national banks improved in the fourth quarter of 2014, according to the Office of the Comptroller of the Currency’s (OCC) quarterly report on mortgage performance.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 9.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 20, 2015
New Home Sales Rise 7.8 Percent in February
Sales of newly built, single-family homes rose 7.8 percent in February to a seasonally adjusted annual rate of 539,000 units from an upwardly revised January reading, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the highest sales pace since February 2008
RMMI Increases 11 Consecutive Quarters
The NRMLA/RiskSpan Reverse Mortgage Market Index (RMMI) rose in the fourth quarter by 1.5 percent to 186.78, its highest level since Q2 2007. The $59.1 billion increase in senior home equity in the fourth quarter was fueled by an estimated $61.3 billion increase in the aggregate value of senior housing, offset by a $2.2 billion increase in senior-held mortgage debt
