What happens if apartment financing changes?

Episode 195 - What happens if $$$ from Fannie Mae or Freddie Mac dries up? You need options, right?

oldcapitalpodcast oldcapitalpodcast | 4 years ago

Your lender is usually your largest partner. They can bring in almost 80% of the funds needed to close your apartment transaction. In the last, few years Fannie Mae and Freddie Mac have been the primary lender for apartment syndications. Sponsors have loved Fannie Mae and Freddie Mac because of their execution and flexibility to provide NON RECOURSE, LONG FIXED TERMS, LONGER AMORTIZATION, INTEREST ONLY & SUPPLEMENTAL LOANS. But, what happens IF these Government Supported Entities start to restri...

How To: Multifamily Financing Using Fannie Mae, Freddie Mac.

timandjulieharris timandjulieharris | 6 years ago

Government-backed multifamily financing are multifamily loans sponsored by Fannie Mae, Freddie Mac, as well as the FHA. There are more than 5 government-backed multifamily financing options available to investors which can either finance properties with 2 – 4 units or properties with 5+ units. Government-backed multifamily financing have terms between 5 – 35 years and are issued by government-approved mortgage lenders. Schedule A Free Coaching CallVisit Tim & Julie Harris OnlineListen on iTu...

FHFA finalizes public disclosure rules for Freddie Mac and Fannie Mae

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

The government-sponsored enterprises will start releasing information similar to what large banks already do, starting in the first quarter of 2023.

Can Fannie Mae, Freddie Mac racial equity programs move the needle?

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

Carrying the torch lit by the Biden Administration, Fannie Mae and Freddie Mac released their Equitable Housing Finance Plans on June 8, 2022. The plans are designed to address racial and ethnic disparities in homeownership that have persisted for generations. These are game-changing developments in the residential mortgage industry, utilizing tools that have never before been employed on this scale.Fannie Mae and Freddie Mac, known as government-sponsored enterprises or GSEs, do not originate ...

How Fannie Mae, Freddie Mac and non-QM digital data use compares

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

Alternative data verifications used in non-qualified mortgage underwriting have increasingly been used by government-sponsored enterprises in response to expansive Biden-era housing goals, volatile rates and evolving technology.

Episode 204 - New 2020 Underwriting Rules for Small Balance Fannie Mae and Freddie Mac loans explain...

oldcapitalpodcast oldcapitalpodcast | 4 years ago

Rickey is an underwriter/ gate keeper for a Small Balance Fannie Mae and Freddie Mac lender. He is an expert in providing smaller, non-recourse loans between $1,000,000 - $6,000,000 with the Agencies. Rickey explains what some of the new underwriting rules are for apartment buyers for 2020. Is Fannie Mae better? Is Freddie Mac better? Rickey helps you decide what loan could be a better choice for your current acquisition or future refinance. When deciding on the right type of apartment financing...

Fannie Mae, Freddie Mac launch plans to close racial homeownership gap

In-depth analysis, data and st... In-depth analysis, d... | 1 year ago

Fannie Mae and Freddie Mac’s first equitable housing plans will rely on mortgage company uptake of experimental underwriting strategies around credit, appraisals and more to address the wide homeownership gap between white and minority borrowers.In the plans released Wednesday, the two government-related agencies said they’d be taking a test-and-learn approach in their efforts to bridge a divide that’s starkest between Black and white households. For years, the homeownership rate for Blac...

Fannie Mae, Freddie Mac impose new fee for some securities transactions

housingwire housingwire | 1 year ago

Fannie Mae and Freddie Mac plan to charge a new 50 basis-point fee for certain structured-finance offerings that use co-mingled agency securities as the underlying collateral. The fee will apply to securities issued through structured-finance offerings known as Supers, and separately, real estate investment conduits (REMICs). Through these vehicles, the uniform mortgage-backed securities (UMBS) of one government-sponsored enterprise […] The post Fannie Mae, Freddie Mac impose new fee for ...

Episode 114 - Old Capital Multifamily Conference LENDERS PANEL: Fannie Mae, Freddie Mac and Bank len...

oldcapitalpodcast oldcapitalpodcast | 6 years ago

Listen to what the LOAN DECISION MAKERS are looking for to approve your apartment loan. We had an in depth discussion, in front of over 450 investors at the Old Capital Multifamily Conference, last month in Dallas. You will take away a few nuggets of underwriting information that will help you succeed in financing your apartment transaction. To receive our FREE 15 page WHITE PAPER REPORT on the 2017 FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about upcoming events at Old Capital...

oldcapitalpodcast oldcapitalpodcast | 7 years ago

John Darrow is a specialist in the Freddie Mac Small Balance loan program. Loan amounts between $1,000,000- $5,000,000. Listen to him explain the differences between Fannie Mae, Freddie Mac and regional Bank loan programs. Great information!