From the category archives:

FNM

Fannie & Freddie Can’t Sell Their Debt

August 23, 2008

A few days ago, I was talking with a friend who until very recently had been in charge of capital markets at a privately-held “hard money” lender. Hard money is a rough and tumble world of last resort, where borrowers who are out of both time and luck go for quick cash, priced at [...]

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Multifamily Loan Originations Down 42% in Second Quarter

August 22, 2008

Commercial and multifamily mortgage loan originations continued to fall on a year-over-year basis in the second quarter, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. Overall, second-quarter originations were 63 percent lower than during the same period last year and multifamily property loans saw a 42 percent decrease in [...]

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