The Lede

National Mortgage News, Nov. 28, 2017--Bonnie Sinnock (subscription)Servicers may need to pay taxes on their income upfront under the proposed Senate tax bill, according to the Mortgage Bankers Association and the Consumer Mortgage Coalition.

DS News, Nov. 28, 2017--David WhartonThe Senate Banking Committee approved Brian Montgomery's nomination as FHA Commissioner on Tuesday, sending his name to the full Senate for approval.

National Real Estate Investor, Nov. 28, 2017--Donna MitchellReal estate investment trust sector experts say the attention the retail sector is now receiving is long overdue.

D Magazine, Nov. 27, 2017--Jeff PriceThere are significant headwinds in the face of multifamily developers which are beginning to inhibit their ability to start new projects.

Wall Street Journal, Nov. 21, 2017--Esther Fung (subscription)The biggest mall and mixed-use center landlords across the U.S. are digging deep into their pockets to attract customers this holiday season. But they are under no illusion their efforts will bring windfalls to them or their tenants.

Bloomberg, Nov. 20, 2017--Shobhana Chandra; Vince Golle; Jordan YadooFaster apartment building was instrumental in pulling the U.S. housing market out of its slump a decade ago. Now, that engine is starting to throttle back.

National Real Estate Investor, Nov. 29, 2017--David BodamerWhile sentiment has dampened slightly, investors still prefer apartments over other commercial real estate property types.

National Real Estate Investor, Nov. 17, 2017--Mary DiduchBrookfield Property Partners' $14.8 billion offer to buy the remainder of shopping center owner General Growth Properties could re-price the retail sector--already challenged by the rise of e-commerce.

The Mortgage Bankers Association called on the Senate to fix a controversial provision in the Senate tax bill that would require any item of income that an accrual taxpayer recognizes for accounting purposes, including mortgage servicing rights, also be recognized for tax purposes.

The Mortgage Bankers Association welcomed 20 new regular members to its ranks last month which currently numbers more than 2,300 member companies.

The U.S. industrial sector is flourishing while retail flounders due to greater demand for warehouse space and more diverse shipping needs due to e-commerce growth, reported Ten-X, Irvine, Calif.

The Mortgage Bankers Association and other industry trade groups told the Consumer Financial Protection Bureau its Proposed Guidance on loan-level Home Mortgage Disclosure Act Data raises "profound concerns about the risks to consumer privacy, of identity theft and fraud."

There remains a "consistent" positive case for multifamily investment, but said things could get "a bit bumpy" ahead, said Yardi Matrix, Santa Barbara, Calif.

CBRE, Los Angeles, acquired a 50 percent interest in Streetsense, a privately held strategy and design company, creating a joint venture to provide services that help retailers create "compelling" consumer experiences.

Hotel rooms currently under construction fell slightly--0.1 percent year-over-year--to 183,187, reported STR, Hendersonville, Tenn.

Fannie Mae and Freddie Mac multifamily lending caps will shrink slightly in 2018, the Federal Housing Finance Agency announced yesterday.

Increasing demand for new construction in the Hudson Yards, Manhattan West and World Trade Center areas continues to benefit Manhattan's office market, reported Transwestern, Houston.

Upper 5th Avenue in New York remains the world's most expensive retail street, reported Cushman & Wakefield, New York.

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