Commercial and multifamily developments and activities from MBA important to your business and our industry.
Category: News and Trends
Congress Passes Three-Month, Stopgap Funding Bill; NFIP Also Extended Until December
Wednesday evening, the U.S. House and Senate passed an identical Continuing Resolution (CR) that averts a government shutdown and extends Fiscal Year 2024 funding levels through December 20, 2024.
MBA Statement on FHFA’s Suspended Counterparty Program Re-Proposal
MBA President and CEO Bob Broeksmit, CMB, issued the following statement regarding the Federal Housing Finance Agency’s announced re-proposal of amendments to its Suspended Counterparty Program (SCP) regulation:
MBA Calls for House Passage of Continuing Resolution, NFIP Extension
MBA President and CEO Bob Broeksmit, CMB, issued the following statement on H.R. 9747, the “Continuing Appropriations and Extensions Act, 2025,” which includes a three-month extension of the National Flood Insurance Program (NFIP):
CMF Quote of the Week: Sept. 26, 2024
“A re-proposal is a smart move, and we commend FHFA for its receptiveness to our strong opposition to the initial proposal, which would have punished counterparties for potentially minor civil or administrative sanctions.” –MBA President and CEO Bob Broeksmit, CMB, discussing the Federal Housing Finance Agency’s announced re-proposal of amendments to its Suspended Counterparty Program regulation
SitusAMC: Commercial Real Estate Values Stabilize; Investor Sentiment Improves
The commercial real estate market appears to be stabilizing, with market participants seeing relief on the horizon as interest rates have started to decline, according to SitusAMC’s latest CRE Debt and Valuation Trends analysis.
Fraud Panel: Watch Out for ‘Low-Hanging Fruit,’ Synthetic Identities, Business Email Compromises
WASHINGTON, D.C.–Experts took to the stage at the Mortgage Bankers Association’s Compliance and Risk Management Conference Sept. 23, to highlight the importance of being vigilant in all aspects of digital life and provide insights into fraud trends that could be seen by those working in the mortgage industry.
CoreLogic: Single-Family Rental Prices Up 2.8% in July
CoreLogic, Irvine, Calif., reported single-family rental prices grew 2.8% year-over-year in July.
ATTOM: Home Flipping Activity Dips, but Profits Up in Q2
ATTOM, Irvine, Calif., released its second-quarter 2024 U.S. Home Flipping Report, finding that 79,540 single-family homes and condos were flipped in the quarter.
Housing Starts See Bump in August
The U.S. Census Bureau and U.S. Department of Housing and Urban Development announced an increase in housing starts in August.