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MBA Letter Urges Banking Committee Approval of Alanna McCargo to Head Ginnie Mae
Ahead of a confirmation hearing Thursday morning, the Mortgage Bankers Association sent a letter to the Senate Banking Committee in support of Alanna McCargo, the Biden Administration’s nominee for President of Ginnie Mae.
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Commercial Real Estate Prices Rise Again
Real Capital Analytics, New York, reported all four major commercial real estate types posted double-digit annual price growth in August.
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Housing Market Roundup Oct. 7, 2021
Here’s a summary of current housing market reports that came across the MBA NewsLink desk:
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ADP: September Private-Sector Employment Up 568,000
In the first of three key employment barometers this week, ADP, Vineland, N.J., said private-sector employment increased by 568,000 jobs from August to September.
MBA: September Commercial, Multifamily Mortgage Delinquencies Decline
Delinquency rates for mortgages backed by commercial and multifamily properties declined in September, the Mortgage Bankers Association's latest CREF Loan Performance Survey reported.