Fannie Mae extends eviction moratorium until Dec. 31
Fannie Mae today announced an extension of the temporary moratorium on foreclosures and evictions until December 31, 2020. The moratorium, which was previously set to
Tag : fannie mae
UMH closes $106M Wells Fargo financing package
New Jersey based REIT, UMH Properties, Inc. has completed the financing of 28 of its unencumbered communities, containing approximately 4,100 sites, through Wells Fargo Bank, N.
Things aren’t as bad as they look, say Feds
A faster-than-expected pace of recovery in the second quarter contributed to an improvement in expectations for full-year 2020 economic growth, according to the latest commentary
Greystone, Lappin JV a ‘life raft’ for affordable housing owners
Investment advisor Greystone has formed a joint venture with affordable housing company Lappin Associates. The joint venture will aim to deploy billions in capital for
Meir Tabak refinances Queens multifamily portfolio
Greystone has provided $30,865,000 in Fannie Mae Delegated Underwriting and Servicing (DUS) loans to refinance several multifamily properties in Queens, NYC. The transactions were originated
Developer taps into green finance for $76M multifamily loan
Greystone has provided a $76,700,000 Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance a 531-unit multifamily property in Huntingdon Valley, Pennsylvania. The transaction
Mortgage holders catch break as Cuomo tells banks to back off
Governor Andrew Cuomo announced a break for New Yorkers with mortgages, through April 20. Under executive order, the Superintendent of the Department of Financial Services
BlackRock balancing America’s economy on its back
BlackRock, the world’s largest asset manager, has been put in charge of running a new credit facility set up to help large New York employers
Arbor funds Fannie Mae loan for cash out refi’
Arbor Realty Trust funded a $19 million Fannie Mae Streamlined Rate Lock (SRL) loan in Santa Monica, CA. The refinance cash-out deal for this 34-unit
$68M Capitol loan closed by Greystone team
Greystone has provided a $68,500,000 Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance a Section 8 seniors housing property, Capitol Apartments, in New