The Mortgage Bankers Association this morning reported commercial and multifamily mortgage loan originations rose by 24 percent in the third quarter from a year ago and by 9 percent from the second quarter.
Category: News and Trends
Preparing Your Institution’s Commercial Lending Landscape for 2020
In just two short months, we will be heading into a new year and a new decade. To prepare, many institutions are planning their budget and objectives for the next year to ensure growth and profitability. With the start of a new decade, institutions are looking for ways to better equip their team with offerings and technology to meet the needs of current and future borrowers and evolve the lending process.
Commercial Servicing Software Must be Flexible
Commercial mortgage servicing can be particularly challenging. Like residential mortgage servicers, commercial servicers communicate with customers, take payments, manage escrow accounts and meet strict investor reporting requirements. Unlike residential servicers, commercial lenders often service a wide variety of loan types and provide more complex payment options
MBA Letter Urges House Committee Markup of TRIA Extension
Ahead of a markup vote scheduled this week in the House Financial Services Committee, the Mortgage Bankers Association sent an Oct. 29 letter to Committee members urging approval of a bill that would extend the Terrorism Risk Insurance Act for seven years.
MBA Elects 2020 Board of Directors
AUSTIN, TEXAS–The Mortgage Bankers Association swore in its Board of Directors for the 2020 membership year here at the association’s 2019 Annual Convention & Expo.
Brian Stoffers, CMB, Takes Helm as MBA Chairman
AUSTIN, TEXAS–Like many people attending the Mortgage Bankers Association’s Annual Convention & Expo here, Brian Stoffers, CMB, never intended to become a mortgage banker.
MBA, Trade Group CEO Letter Urges Policymakers to Get Housing Reform ‘Right this Time’
Mortgage Bankers Association President & CEO Robert Broeksmit, CMB, and the leaders of three other major industry trade groups penned a letter that appeared in American Banker urging policymakers to take a “thoughtful and balanced” approach to housing reform to get it “right this time.”
People in the News
Institutional Property Advisors announced Jim Koury joined the company as a senior managing director in Boston.
CREF Highlights
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
CRE Prices Grow, Volume Slows
U.S. commercial properties’ annual price growth increased in August even as deal volume slid for a second consecutive month, Real Capital Analytics and CoStar reported.