The Mortgage Bankers Association, in a Mar. 27 letter to the Securities and Exchange Commission, said a proposed rule to curb certain material conflicts of interest in securitizations is flawed and would present risks to that market.
Category: News and Trends
Fed Adds 25 Basis Points to Federal Funds Rate
The Federal Open Market last week raised the federal funds rate by another 25 basis points, a move widely anticipated by analysts and financial markets.
Commercial Property Prices Down 7% From Year Ago
The commercial property pricing decline steepened in February, pulled down by a sharp fall in the apartment sector, reported MSCI, New York.
RealPage: Class A Apartments Command 28% Rent Premium Over Class B
A growing gap between Class A apartment rents and Class B rents is increasing investment activity in middle-market Class B product, reported RealPage, Richardson, Texas.
HUD Updates Guidance for Section 8 Project-Based Rental Assistance Contract Renewals
On Monday HUD’s Office of Multifamily Housing Programs updated its guidance for owners of properties participating in its Section 8 Project-Based Rental Assistance program.
MBA President and CEO Bob Broeksmit, CMB, on Recent Coverage of Uncertainty in Commercial Real Estate Markets
Bob Broeksmit, CMB, President and CEO of the Mortgage Bankers Association, issued the following statement on recent coverage of uncertainty in commercial real estate markets:
MBA Chart of the Week, Mar. 30, 2023: CRE Loans/FDIC-Insured Institutions
There is, not inappropriately, a great deal of attention being paid to commercial real estate right now. And with that attention come a lot of different questions and answers—with many answers varying depending on how one defines things.
Commercial/Multifamily Briefs, March 30, 2023
Briefs from Walker & Dunlop, Banyan Investment Group/Satori Collective.
CMBS Supply-Demand Fundamentals Improve Slightly
The outlook for the securitized commercial real estate market improved just slightly in the fourth quarter, the Moody’s Investors Service’s Red-Yellow-Green report said.
MBA Releases 2022 Rankings of Commercial/Multifamily Mortgage Firms’ Origination Volumes
The following firms were the top commercial/multifamily mortgage originators in 2022, according to a set of commercial/multifamily real estate finance league tables prepared by the Mortgage Bankers Association: