After offering its first risk-sharing deal that featured the actual loss position on loans with loan-to-value ratios ranging from 80% to 95% earlier this year, Freddie Mac is bringing another high LTV risk-sharing deal to market. Source: NHOusing wire
The technological revolution is happening, right now. Here at HousingWire, we see that innovation happening and feel it deserves some serious kudos. The shouting it from the rooftops kind, to be exact. It’s in that spirit that HousingWire honors the most innovative innovators who’ve innovated in the most innovative ways in the last year. Source: NHOusing wire
Group, Inc., owner of Apartments.com, recently announced an agreement to exclusively power the apartment community listings on the websites owned and operated by News Corp subsidiary Move, Inc.—realtor.com®, Move.com, and Doorsteps.com—with advertiser content from Apartments.com and ApartmentFinder.com. The Apartments.com apartment community listing information complements realtor.com®’s listings content, which is derived from relationships with agents, brokers, […] Source: RIS MEDIA
Freddie Mac announced late Friday that it obtained its largest insurance policy to date designed to cover much of the remaining credit risk associated with one of its Structured Agency Credit Risk transactions from earlier this year. Source: NHOusing wire
A familiar pattern in Atlanta is to build until we bust.
The poster child for this excess in the previous cycle was the condominium market. Today, the intown apartment sector is at the greatest risk of becoming overbuilt. Market fundamentals are strong, but explosive growth in supply is cause for concern.
Haddow & Company tracks the performance of class A apartments built in the urban core since 2000 and monitors the pipeline of projects under construction and proposed. During third quarter 2015,… Source: bizjournals.com
As part of its effort to reduce the taxpayers’ burden, Fannie Mae announced Friday that it completed its fifth and sixth credit risk-sharing transactions as part of its Credit Insurance Risk Transfer program. Through these latest deals, Fannie Mae said that it has acquired more than $800 million of insurance coverage on over $32 billion of loans this year. Source: NHOusing wire
Regional planners are seeking a long-sought spark that could ignite nearly 200,000 square feet of retail, including a major grocery anchor, for underserved southwest Atlanta neighborhoods around Fort McPherson.
A series of public meetings about the Fort McPherson area continues to tackle the longstanding issues hindering neighborhoods that make up a 1,300-acre district just south of downtown Atlanta.
The area is part of Livable Cities Initiative, a program that could spur its revitalization. Median… Source: bizjournals.com
A decision will soon be made on the development team that will tackle the state’s largest transportation project ever, the $1.1 billion transformation of the Interstate 285/Georgia 400 interchange and new collector distributor lane project along 400.
A Georgia Department of Transportation committee is reviewing the proposals of four development teams and plans to make its recommendation of the best value team at a Dec. 10 board GDOT board meeting.
The proposed improvements are designed to aid… Source: bizjournals.com