Mortgage
Commercial, Multifamily Mortgage Delinquencies at Lowest Levels Since Start of Pandemic
WASHINGTON—Delinquency rates for mortgages backed by commercial and multifamily properties decreased again in March, reaching the lowest level since
Report: Wall Street's 2020 Bonuses Rose Amid Volatility
ALBANY—The average bonus paid to employees in New York City’s securities industry grew by 10% in 2020 to
Consumer Sentiment on Housing Dips Slightly Despite Growing Labor Market Optimism
WASHINGTON—The Fannie Mae Home Purchase Sentiment Index decreased in February by 1.2 points to 76.5. Four of
Tompkins Mahopac Bank President & CEO to Retire
BREWSTER—The Board of Directors of Tompkins Mahopac Bank announced on Feb. 4 that Gerald J. Klein, Jr. will retire
$93.5M Mixed-Use Project in Bedford Park In the Bronx Secures Construction Financing
NEW YORK—The New York State Homes and Community Renewal, New York City Department of Housing Preservation and Development and
Gotham Organization Secures $235M for Lower East Side Tower Project
NEW YORK—Gotham Organization, in partnership with Goldman Sachs Urban Investment Group, has closed on a $162.35-million loan from
GUEST VIEWPOINT: U.S. Department of the Treasury’s FinCEN Issues New Geographic Targeting Order
What happens when real estate is not purchased with the best of intentions? In the broadest of terms, as real
FHFA Increases New Conforming Loan Limits For Fannie Mae and Freddie Mac for 2021
WASHINGTON—The Federal Housing Finance Agency announced on Nov. 24 the maximum conforming loan limits for mortgages to be acquired
CPC Launches New Flex Small Loan Program Geared for Small NY Multifamily Properties
NEW YORK—The Community Preservation Corp. a leading New York City-based nonprofit affordable housing and community revitalization finance company, has
Despite Pandemic, MBA Forecasts Purchase Originations to Increase 8.5% to Record $1.54 Trillion in 2021
WASHINGTON—The Mortgage Bankers Association announced on Oct. 21 that purchase originations are expected to grow 8.5% to a
The Summit High-Rise in Midtown Manhattan Secures $289M Refi Loan
NEW YORK—Commercial real estate finance firm Greystone reports it has arranged the closing of a $289,289,000 permanent
SL Green Completes $600M Refinancing Of Construction Facility at 410 Tenth Ave.
NEW YORK—SL Green Realty Corp reported on Sept. 8 it had closed on a new $600-million construction facility for