Commercial and multifamily mortgage delinquencies showed little movement in the third quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Delinquency Report.

The Consumer Financial Protection Bureau said yesterday it does not intend to “initiate enforcement actions or cite Home Mortgage Disclosure Act violations for failures to report closed-end mortgage data collected in 2022, 2021, and 2020” for covered institutions that originated at least 25 closed-end loans, but less than 100 closed-end loans in each of the previous two calendar years.

Brian Stoffers, CMB, Global President of Debt and Structured Finance with CBRE and former Chair of the Mortgage Bankers Association, announced plans to retire next year.

The MBA Mortgage Action Alliance issued a Call to Action, urging its members to contact their members of Congress in support of bipartisan, bicameral legislation designed to improve, expand, and create tax credit programs that increase affordable housing supply for renters, homeowners and buyers.

Commercial and multifamily developments and activities from MBA important to your business and our industry.

Kroll Bond Rating Agency, New York, just released its CMBS 2023 Sector Outlook, which looks at key credit trends from 2022 and forecasts U.S. issuance activity for the new year. MBA NewsLink interviewed KBRA’s Larry Kay and Andrew Foster to get their insights on the current lending environment and property fundamentals as well as factors that may affect overall property performance in 2023.

Nearly 46 percent of U.S. rental housing units are in properties with one to four units, the Rental Housing Finance Survey from HUD and the U.S. Census Bureau reported.

Trepp, New York, released its third quarter returns report for its life insurance commercial mortgage index, reporting the 2022 year-to-date return is predicted to be the lowest since Trepp started collecting LifeComps data in 1996.