“Congratulations to this year’s graduating class of the esteemed Future Leaders Program. Each of these distinguished professionals have displayed integrity, excellence, and commitment to the program and our industry.”
–Mark Jones, 2024 MBA Chairman and President of Union Home Mortgage.
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Commercial/multifamily finance presents a wide array of career opportunities with its ecosystem of companies, roles, and functions supporting the capital needs of real estate owners and operators. Join MBA Education and industry executives for a discussion to explore career trajectories, pivots, and leadership lessons learned.
Trepp, New York, reported the CMBS Special Servicing Rate increased by 20 basis points in September, up to 6.87%.
The voting period for the election of the Mortgage Bankers Association’s FY2024 officers and new and returning directors is underway. The voting ends at 5:00 p.m. E.T. on Thursday, October 12, 2023.
As mortgage rates reached 23-year highs in MBA’s latest Weekly Applications Survey and application activity fell to a low last seen in 1996, MBA President and CEO Robert Broeksmit, CMB, issued the following statement.
On Monday, the Mortgage Bankers Association led a coalition letter sent to the Board of Governors of the Federal Reserve that conveyed the housing industry’s serious concerns about the negative market impacts the Fed’s monetary policy actions (e.g., rate hikes and quantitative tightening) are having on the market.
KBRA, New York, said in the current office environment, older buildings are seeing particular challenges.
According to RealPage Analytics, Richardson, Texas, and Redfin, Seattle, rents were fairly flat in September.
Gantry, San Francisco, secured a $19 million permanent loan to cross-collateralize and refinance the acquisition costs of three single-tenant industrial properties.
