Category: News and Trends

The Senate meets today to vote on key appropriations legislation for fiscal year 2019. Ahead of its session, the Mortgage Bankers Association asked approval of key provisions that support FHA and Ginnie Mae technology upgrades, as well as safeguards for multifamily loans and other funding priorities.

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

The Mortgage Bankers Association, in a letter to federal regulatory agencies, requested the agencies provide final rules stemming from their proposal to simplify certain aspects of their capital rules.

The office sector saw mixed results in the second quarter as both vacancy and effective rents increased, reported Reis, New York.

Alternative asset management firm Canyon Partners, Los Angeles, closed a real estate debt vehicle with more than $450 million in total commitments.

North American hotel owners continued to experience “significant” growth across all travel segments in the second quarter, reported TravelClick, New York.

Prime logistics rents–the highest achievable lease rates for top-quality warehouse and distribution center space–increased globally in the fiscal year ending March 31, reported CBRE, Los Angeles.

Facing a July 31 expiration date for the National Flood Insurance Program, the Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a Call to Action, urging its members to call their elected officials to vote on a long-term reauthorization.

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

The Mortgage Bankers Association named Holly Cannon as Vice President for Human Resources. She assumed duties on July 2.