MBA Urges Feds to Take Immediate Further Steps on Market Stabilization, Liquidity

The Mortgage Bankers Association on Sunday asked the Treasury Department and the Federal Reserve to take immediate further actions ensure orderly functioning of the housing finance market in response to the “extreme volatility” in financial markets arising from the spread of the coronavirus.

FDIC Chair Calls for FASB to Delay CECL Rule Amid Pandemic

Federal Deposit Insurance Corp. Chair Jelena McWilliams, in a Mar. 19 letter to the Financial Accounting Standards Board, urged FASB to delay or postpone implementation of its current expected credit losses accounting rules.

MBA, Trade Groups Ask Treasury to Delay Like-Kind Exchange Deadlines

The Mortgage Bankers Association and other industry trade groups asked the Treasury Department and the Internal Revenue Service to delay deadlines applicable to like-kind exchanges currently underway to ensure liquidity in real estate markets during the coronavirus pandemic.

MBA Chart of the Week: Year-to-Date Returns for REIT Stocks

How the health, social and economic impacts of the coronavirus outbreak flow through to commercial and multifamily properties remains clouded in uncertainty – mainly because of the uncertainty about the virus itself and our public and private responses to it. One thing that is clear is that different property types and different markets will be affected differently.

MBA Recognizes Premier Members

MBA is proud to recognize its Premier Members and to thank them for their continued support of MBA and the real estate finance industry.

CREF Highlights

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

MBA Coronavirus, Treasuries & CRE Finance Webinar

The Mortgage Bankers Association hosted a webinar on March 12 with commercial real estate finance industry leaders covering current events and market developments.