MBA Advocacy Update May 2 2022
Last week, more than 400 state/local leaders and rank-and-file MBA members assembled in Washington to meet elected officials and key congressional staffers on Capitol Hill during MBA’s National Advocacy Conference. And on Monday, MBA submitted comments to FHFA on its recent proposal to update capital, liquidity and net worth requirements for servicers of loans backed by Fannie Mae and Freddie Mac.
Commercial Property Price Growth Cools Off
Real Capital Analytics, New York, said commercial real estate price growth eased in March from its previous record high.
MBA Chart of the Week Apr. 29 2022: Diversity, Equity and Inclusion
According to the inaugural 2021 Diversity, Equity and Inclusion Study, conducted by McLagan and recommended by Mortgage Bankers Association, participating mortgage firms – both residential and commercial/multifamily – had varied policies, practices and initiatives to further racial and gender equality within their organizations.
Fitch: Weaker Borrowers in U.S. Securitizations Vulnerable to Inflation
Fitch Ratings, New York, said inflation and rising rates will pressure consumers, with the greatest burden on households with low incomes and savings and who have not fully recovered from pandemic-related financial stresses.
