Category: Top National News

HousingWire, June 12, 2017–Jacob GaffneyAccording to a website, called Will Robots Take My Job?, developed by Mubashar Iqbal and designed by Dimitar Raykov, robots will indeed take over. By some estimations, millions of jobs are at risk across the nation. And this appears especially true for many mortgage and real estate jobs.

Bloomberg, June 12, 2017–Patrick Clark, Dorothy GambrellAcross the U.S., retail real estate development that outpaced demand marked the early years of the new millennium. Now retailers are going bankrupt at a record rate, and hedge funds are betting against the commercial mortgages used to finance mall properties.

Financial Regulation News, June 8, 2017The Mortgage Bankers Association nominated Brian Stoffers, global president, debt and structured finance at CBRE, to be its vice chairman for the 2018 membership year.

National Mortgage Professional, June 5, 2017–Phil HallThe Mortgage Bankers Association reached into the commercial side of the industry for its next wave of leadership by nominating Brian Stoffers, CMB, global president of debt and structured finance with CBRE in Los Angeles, as its vice chairman for the 2018 membership year.

National Mortgage Professional, June 2, 2017–Phil HallDelinquency rates for commercial and multifamily mortgage loans were saw mostly unchanged or down slightly during the first quarter, according to the Mortgage Bankers Association’s Commercial/Multifamily Delinquency Report.

Mortgage Daily, June 2, 2017Performance on securitized commercial real estate loans was worse in any month since 2015, said Morningstar Credit Ratings LLC.

HousingWire, June 1, 2017HousingWire magazine named Mortgage Bankers Association Associate Director Ashley Gunn a 2017 Rising Star.

Mortgage Daily, June 1, 2017″This proposal is clearly self-serving and designed to confuse unsuspecting, innocent taxpayers into supporting a plan that is intended to line the pockets of hedge funds who invested in Fannie and Freddie,” MBA President and Chief Executive Officer David Stevens said.

National Real Estate Investor, June 1, 2017–Diana Bell This year the commercial real estate sector has seen an increase in flight-to-quality strategies, a widened bid-sell gap and uncertainty related to the effects of monetary policy. It appears the industry may be coming to terms with a slowing market.

Real Estate Weekly, June 7, 2017–Christian Brazil BautistaOpen shop construction, where both union and non-union firms work different portions of a job site, has become commonplace in residential projects. Now there are signs that the model may soon migrate to the commercial sector.