New apartment lease signings “clawed back” to year-ago levels in late April after plunging nearly 50 percent in late March, reported RealPage, Richardson, Texas.
Category: News and Trends
Federal Agencies Launch Joint Mortgage, Housing Assistance Website on Coronavirus Impact
The Consumer Financial Protection Bureau, Federal Housing Finance Agency and HUD launched a new mortgage and housing assistance website designed to ensure homeowners and renters have current and accurate housing assistance information during the COVID-19 national emergency.
Multifamily Market Musings: A Q&A With PGIM’s Mike McRoberts
MBA NewsLink interviewed PGIM Real Estate Finance Managing Director Mike McRoberts, who serves as Chairman of the firm’s Agency platform.
Senate Approves Montgomery HUD Nomination; Dana Wade FHA Nomination Next Up
It seemed like it took forever—and in political terms, seven months feels like forever—but Brian Montgomery is finally, officially, HUD Deputy Secretary.
MBA: First Quarter CMF Borrowing Down 2%
Commercial and multifamily mortgage loan originations decreased 2 percent in the first quarter from a year ago, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
Tools for a Construction Lender’s Toolbox in the COVID-19 Era
The coronavirus pandemic has shut down non-essential construction projects in numerous states and has severely delayed or otherwise impacted construction in almost every other state. These delays and impacts may deal a fatal blow to some project owners.
CREF Highlights
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Andrew Foster: Case-By-Case–Commercial Mortgage Forbearance Consideration Begins
As mortgage lenders shift focus from production to portfolio management in response to COVID-19, industry shifts are occurring alongside the inevitable reallocation of lending operation resources.
MBA Education Launches Virtual School of Multifamily Mortgage Banking and Virtual School of Multifamily Property Inspections
MBA Education launched new Virtual School of Multifamily Mortgage Banking and Virtual School of Multifamily Property Inspections courses.
Commercial/Multifamily Briefs
Fifth Third Bank National Association, Cincinnati, and Bellwether Enterprise Real Estate Capital LLC, Cleveland, formed a new strategic relationship between two institutions committed to providing affordable multifamily housing.