News

Freddie Mac: U.S. 2017 Multifamily Origination Volume Could Top $295 Billion

Mike Sorohan msorohan@mba.org April 12, 2017 Freddie Mac, McLean, Va., said total multifamily origination volumes could increase by 3-6 percent this year to $295 billion, depending on movements in the 10-Year Treasury rate. According to a new Multifamily Pricing and Volume Outlook for 2017, should the 10-Year Treasury rate stays...
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Gerson Law Firm APC Closes 14-Loan Apartment Portfolio

GERSON LAW FIRM APC closed a portfolio of fourteen apartment loans in Saint Louis on behalf of an Irvine, California-based multifamily lender during the last week of March and with an additional one the following week. The 14 loans totaling more than $50 million were secured by multifamily projects in...
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Kiyana Kiel Joins Gerson Law Firm APC

GERSON LAW FIRM APC is pleased to announce that Kiyana Kiel has joined the firm as an associate attorney. Ms Kiel is a graduate of UC Berkeley School of Law ( Boalt Hall). Prior to joining GERSON LAW FIRM, she was worked in-house for a municipal utilities district and as...
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Gerson Law Firm APC Resolves Orange County Shopping Center Disabled Persons Act Litigation

GERSON LAW FIRM APC has successfully resolved civil rights and disabled persons litigation involving a 165,000 square foot shopping center in Orange County, CA. The ground lessor of the shopping center was sued on access issues in two lawsuits each alleging various allegations of the visually impaired under the California’s...
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Fannie Mae, Freddie Mac Set Multifamily Volume Records

Michael Tucker mtucker@mba.org February 23, 2017 Fannie Mae, Washington, D.C., and Freddie Mac, McLean, Va., finished 2016 with more than $112 billion in combined multifamily volume. Freddie Mac financed $56.8 billion in loan purchases and bond guarantees in 2016, its highest figure ever. Fannie Mae provided $55.3 billion in multifamily...
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GERSON LAW FIRM APC CLOSES LOANS FOR MORE THAN $3,500,000,000

GERSON LAW FIRM APC which represents lender throughout the United States, in 2016 closed commercial real estate secured loans for more than $3,500,000,000 on lender engagements. The volume of commercial loan closings reported includes 625 loans, but does not include other lender engagements on financings, including post-closing servicing matters, nor...
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MBA Survey: Commercial/Multifamily Originators Expect Strong, Steady 2017

Sorohan, Mike msorohan@mba.org January 05, 2017 Commercial and multifamily mortgage lending is expected to increase in 2017, as lenders’ appetites to place new loans and borrowers’ appetites to borrow both remain strong, according to a new Mortgage Bankers Association survey of the top commercial and multifamily mortgage origination firms. Nearly...
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Why GSE Recapitalization Talk Is Premature

Article by David Stevens, originally published on National Mortgage News: http://www.nationalmortgagenews.com/ on December 28, 2016. The notion that the Trump administration should recapitalize government-sponsored enterprises Fannie Mae and Freddie Mac as a predicate to reforming them, risks the political overcorrection that proponents of this idea claim to want to avoid,...
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National Credit Union Administration sued over updated membership rule

The role of credit unions called into question by ABA HOUSING WIRE 12-08-16 The American Bankers Association quickly filed a lawsuit on Wednesday against the National Credit Union Administration right after the administration published its Field of Membership final rule in the Federal Register. The ABA’s action “challenges provisions of...
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Here’s the real impact of the post-Trump interest rate spike

12-05-16 Housing Wire While still low by historic standards, interest rates are roughly 50-basis points higher now than they were before Donald Trump won the election, and a new report from Black Knight Financial Services shows the real impact of that increase on borrowers and potential borrowers. The bottom line,...
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The many challenges facing Trump on promised GSE reform. Where will GSE reform rank in priority?

December 1, 2016 – HOUSING WIRE Reforming Fannie Mae and Freddie Mac moved from a backburner issue to a hot topic after Treasury secretary nominee Steve Mnuchin revealed his plans for GSE reform in an interview on Wednesday. Rather than be wound down, as some including another rumored choice to...
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