According to Census statistics, the U.S. added 1.5 million households during 2018 but built fewer than 1.2 million new housing units. The result is a tightening inventory–not just of homes for sale, but of homes available to occupy.
Category: News and Trends
MBA Chart of the Week: Housing Market Vacancy Rates
According to Census statistics, the U.S. added 1.5 million households during 2018 but built fewer than 1.2 million new housing units. The result is a tightening inventory–not just of homes for sale, but of homes available to occupy.
Searching for a Solution to Rental Affordability Challenges
The Harvard University Joint Center for Housing Studies’ State of the Nation’s Housing report said overall rents rose at a 3.6 percent annual rate in early 2019, twice the pace of overall inflation.
MBA, Trade Groups Urge CFPB to Raise HMDA Reporting Threshold
The Mortgage Bankers Association and a half-dozen other industry trade groups urged the Consumer Financial Protection Bureau to increase the threshold for reporting Home Mortgage Disclosure Act data on closed-end mortgage loans.
Office Performance Mixed Amid Uneven Growth Distribution
The U.S. economic expansion could soon become the longest in history, but that growth is unevenly distributed, which means different office markets perform very differently, reported Cushman & Wakefield, New York.
1Q Commercial, Multifamily Mortgage Delinquencies At Record Lows
Commercial and multifamily mortgage delinquencies fell to near-record lows in the first quarter, the Mortgage Bankers Association reported.
MBA Chart of the Week: Transition from LIBOR
The vast majority of commercial and multifamily mortgage lenders report they are working on the transition away from LIBOR, but the devil is in the details. Most firms are already taking steps, but they also report relying on regulators and industry bodies to make decisions before they take certain actions.
MBA Chart of the Week: Transition from LIBOR
The vast majority of commercial and multifamily mortgage lenders report they are working on the transition away from LIBOR, but the devil is in the details. Most firms are already taking steps, but they also report relying on regulators and industry bodies to make decisions before they take certain actions.
MBA Chart of the Week: Transition from LIBOR
The vast majority of commercial and multifamily mortgage lenders report they are working on the transition away from LIBOR, but the devil is in the details. Most firms are already taking steps, but they also report relying on regulators and industry bodies to make decisions before they take certain actions.
Learning from CMBS Losses
One of the few positive implications of incurring losses on 12,000-plus loans is that one can extract some lessons about commercial real estate lending from the experience, said Brian Olasov, Executive Director with Carlton Fields, New York.