MBA CREF Policy Update Dec. 15, 2022

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

Top CMF National News Dec. 15, 2022

Here’s a summary of Top National News Items from major news sites and industry trade publications. To get started, click on the headline above.

CFPB Provides Guidance on HMDA Loan Reporting Threshold

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.

Trepp: Life Insurance Returns on Pace for Worst Performance to Date

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.