CREF Policy Update: House GOP Passes $3.8 Trillion Reconciliation Package; Preserves and/or Enhances MBA-Supported Tax Provisions
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Protecting CRE Servicing From Fraud
HOLLYWOOD, FLA.–Keeping ahead of fraudulent activity is essentially a full-time function for mortgage servicers, panelists said here at MBA’s Commercial/Multifamily Finance Servicing and Technology Conference.
N.Y. Fed President John Williams Offers Economic Outlook
NEW YORK–John Williams, President and CEO of the Federal Reserve Bank of New York, offered an optimistic but measured view of the U.S. economy during a session at the Mortgage Bankers Association’s Secondary and Capital Markets Conference.
Cotality: Single-Family Rents Up 2.9% in March
Cotality, Irvine, Calif., released its latest Single-Family Rent Index, finding that single-family rent prices rose 2.9% year-over-year in March.
Dealmaker: Dwight Mortgage Trust Closes Loans in California, Texas
Dwight Mortgage Trust, New York, successfully closed a $48 million construction loan for a mixed-use multifamily development in San Diego, and a $36 million bridge loan to refinance a waterfront apartment community in Corpus Christi, Texas.
Commercial Planning Increases 1% in April
The Dodge Momentum Index grew 0.9% in April to 205.1, indicating an increase in planning for commercial buildings, the Dodge Construction Network reported.
