In February 2026, with job losses in health care due to labor strikes, there was nothing left to support aggregate job growth, and total nonfarm payrolls declined by 92,000. Furthermore, job growth for December and January was revised down by a total of 69,000. Wage growth increased slightly to 3.8% over the past year.
Category: News and Trends
Job Market Softens; MBA Economist Weighs In
February’s job creation was weaker than expected as employers cut more than 90,000 positions.
Women’s History Month: Spotlighting MBA Chair Christine Chandler
March is women’s history month and MBA NewsLink is hosting a series of interviews with women in the industry to learn about their experiences, challenges and get their advice. First up is Mortgage Bankers Association 2026 Chair Christine Chandler, also M&T Realty Capital Corp. chief operating officer.
Dealmaker: Merchants Capital Secures $26.3M for NYC Senior Housing Conversion
Merchants Capital, Carmel, Ind., announced $26.3 million in total financing for the rehabilitation of a multifamily development in New York City. The complex–Three Arts Club–will be transformed into permanent and supportive housing for seniors (62-plus) upon its conversion.
Dealmaker: Merchants Capital Secures $26.3M for NYC Senior Housing Conversion
Merchants Capital, Carmel, Ind., announced $26.3 million in total financing for the rehabilitation of a multifamily development in New York City. The complex–Three Arts Club–will be transformed into permanent and supportive housing for seniors (62-plus) upon its conversion.
CREF Policy Update: Senate Continues Consideration of Housing Package –Including Single-Family Rental Investor Ban
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Trepp: CMBS Delinquency Rate Falls in February
Trepp, New York, released its latest CMBS delinquency rate report, finding that it decreased 33 basis points to 7.14%.
MBA Weighs in With Senate Banking Committee on Bank Capital Modernization
The Mortgage Bankers Association sent a letter to Senate Banking Committee Chairman Tim Scott (R-S.C.) and Ranking Member Elizabeth Warren (D-Mass.) ahead of last Thursday’s hearing on bank capital modernization.
ATTOM: Vacancy, Zombie Foreclosure Rates Remain Low
ATTOM, Irvine, Calif., released its Q1 Vacant Property and Zombie Foreclosure Report, finding that 1.33% of residential properties are vacant. That’s essentially flat from both Q1 and Q4 2025.
JLL Says Power Availability Becoming Key Commercial Real Estate Value Driver
Energy availability and security is fast becoming a defining factor in commercial real estate decision-making—with critical implications for project viability, property values and building performance—according to JLL, Chicago.