Freddie Mac says it will buy multifamily loans from its Targeted Affordable Housing (TAH) lender network and securitize them into a new series called M-Deals. More
Community Reinvestment Act obligations continue to drive affordable construction market. Banks fight tooth and nail for the good deals. More
Fannie Mae and Freddie Mac provided financing for 895,000 units, with many serving low- and moderate-income households. More
Low interest rates, stronger banks, and a flood of older affordable housing properties meant more lending in 2012. More
The latest report from Washington, D.C.-based Mortgage Bankers Association (MBA), released this week at its CREF/ Multifamily Housing Convention in San Diego, Calif., gives a glimpse into how multifamily lending fared to close out 2012. More
The affordable housing debt industry posted another strong year in 2011, as historically low interest rates drove refinancing and acquisition opportunities, and the New Issue Bond Program resuscitated the 4 percent market. More
In a move that will expand its product offerings beyond the affordable housing business, Enterprise Community Investment, Inc., is merging its Multifamily Mortgage Finance division with Bellwether Real Estate Capital, LLC. More
Twenty lenders have been approved to take part in the FHA’s Low-Income Housing Tax Credit Pilot Program. More
If you want proof that the Federal Housing Administration (FHA) is redoubling its focus on affordable housing, look no further. More
When Bob Simpson was named head of Fannie Mae's affordable housing division in... More