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Commercial and Multifamily Lending Projected to Climb

Appraisal Buzz

The commercial and multifamily lending market is poised for significant growth in 2025, with borrowing and lending expected to increase by 16% year-over-year. Multifamily lending, which is included in the total figures, is also expected to rise by 16%, reaching $361 billion in 2025 compared to $312 billion the previous year.

Lending 307
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One mortgage lender abandons the Florida condo market

Housing Wire

California-based Provident Funding Associates LLC is getting out of the Florida condo lending business , it told broker partners on Friday. Condos in Florida have to be next level,” said one retail lending executive. In particular it’s created a glut of 30-plus-year-old units on the market, with few takers.

Marketing 524
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The crucial role of community lending in our nation’s economy

Housing Wire

Our economy faces many challenges persistent high mortgage interest rates , a declining rate of existing home sales, elevated costs for basic goods and services, labor market imbalances, and rising health care costs to name just a few. The availability of funding at the local level is the driving force in building stronger communities.

Lending 392
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What it’s like connecting reverse mortgage professionals with forward lending partners

Housing Wire

While some forward lending companies have gone out of their way to acquire and incorporate reverse mortgage lending divisions into their ongoing operations, others have bolstered their existing reverse mortgage divisions. It is currently the only second-lien reverse mortgage available on the market.

Lending 396
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Guaranteed Rate Affinity appoints new mortgage lending VP

Housing Wire

Guaranteed Rate Affinity announced a promotion on Tuesday as the joint venture company named 22-year industry veteran Mark Rawls as vice president of mortgage lending. The company is in expansion mode, bolstering its offerings to meet new market demands.

Lending 431
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Cornerstone Capital Bank launches community lending division

Housing Wire

Cornerstone Capital Bank , a national mortgage originator and servicer, is launching a community lending division to serve underserved communities, the company announced this week. ” The Community Lending Division will offer mortgage programs and products tailored to benefit underserved borrowers.

Lending 325
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The Rise of Multigenerational Housing: Lending Trends and Opportunity

Appraisal Buzz

Amid the whirlwind of economic forces impacting the housing market, one trend stands out. Multigenerational housing, once a rarity, is now becoming commonplace and reshaping not just how we live, but also how we lend and borrow. Imagine a young couple, burdened by student loan debt, and discouraged by the competitive housing market.

Lending 348