The Mortgage Bankers Association and six real estate trade associations on Wednesday announced a first-of-its-kind alliance to foster supplier diversity in real estate.
Category: News and Trends
#MBACREF23: MBA Presents Chris LaBianca with CREF Distinguished Service Award
SAN DIEGO – The Mortgage Bankers Association presented Chris LaBianca, Managing Director with UBS Real Estate Finance, with the 2023 Commercial Real Estate Finance Distinguished Service Award at its Commercial/Multifamily Finance Convention and Expo.
#MBACREF23: Ferguson Sees Mild(er) Recession Ahead
SAN DIEGO–Economist, corporate executive and former Federal Reserve Vice Chairman Roger Ferguson thinks any possible recession this year will likely be short and shallow.
#MBACREF23: MBA Honors CBRE Capital Markets, Genesis Bank as 2023 Diversity, Equity and Inclusion Commercial/Multifamily Leadership Award Winners
SAN DIEGO – The Mortgage Bankers Association recognized CBRE Capital Markets Inc. and Genesis Bank as its 2023 Diversity, Equity and Inclusion Commercial/Multifamily Leadership Award recipients.
#MBACREF23: Broeksmit: A ‘Special Urgency in These Uncertain Times’
SAN DIEGO–Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, opened the MBA Commercial/Multifamily Finance Convention & Expo here on Monday with a reminder that circumstances can change in a heartbeat.
#MBACREF23: Matt Rocco Outlines CMF Priorities, Opportunities
SAN DIEGO–When the Chairman of the Mortgage Bankers Association is from the commercial/multifamily sector, as Matt Rocco is this year, it makes the MBA CREF Convention & Expo a little more dynamic.
#MBACREF23: 2023 Commercial/Multifamily Borrowing, Lending Expected to Fall to $684B
SAN DIEGO–The Mortgage Bankers Association said total commercial and multifamily mortgage borrowing and lending is expected to fall to $684 billion this year, a 15 percent decline from an expected 2022 total of $804 billion.
#MBACREF23: 2023 Commercial/Multifamily Mortgage Maturity Volumes Up 33 Percent
SAN DIEGO–The Mortgage Bankers Association said $331.2 billion of the $2.8 trillion (12 percent) of outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2023, a 33 percent increase from the $249 billion that matured in 2022.
#MBACREF23: 4Q Commercial/Multifamily Borrowing Down 54%
SAN DIEGO–Commercial and multifamily mortgage loan originations were 54 percent lower in the fourth quarter from a year ago and decreased by 23 percent from the third quarter, the Mortgage Bankers Association reported Monday.
#MBACREF23: PNC, Wells Fargo Lead MBA 2022 Year-End Commercial/Multifamily Servicer Rankings
SAN DIEGO–The Mortgage Bankers Association on Monday released its year-end ranking of commercial and multifamily mortgage servicers’ volumes as of December 31, 2022.