The Mortgage Bankers Association welcomed 19 new regular members.
Category: News and Trends

Fed Reserve Reports Improving CRE Activity
Real estate activity generally expanded in April and May, the Federal Reserve reported yesterday in its Beige Book.

MBA Chart of the Week: Diverted Homeowners, the Rental Crisis & Foregone Household Formation
The Research Institute for Housing America, MBA’s think tank, recently released a new study, Diverted Homeowners, the Rental Crisis and Foregone Household Formation by Myers, Painter, Lee and Park.

Morningstar: Enhanced Underwriting Benefits New Breed of Single-Family Rental Loans
Single-family rental investor loans where the property income exceeds 1.2 times the debt service generally experience better-than-average default rates, reported Morningstar Credit Ratings, New York.

Most New York CRE Executives Think Values Have Peaked
Most New York City commercial real estate executives–62 percent–believe the city’s property values have peaked, up from 48 percent three months ago, reported Marks Paneth LLP, New York.

Situs RERC: Investors Still Favor Real Estate, But Cash’s Rating Grows
Although institutional investors continue to rate commercial real estate higher than alternative investments such as stocks, bonds and cash, CRE ratings declined in the first quarter while cash improved, reported Situs RERC, Houston.

Small-Balance Lending Gets Bigger
DALLAS–As more lenders focus on small-balance commercial and multifamily loans, servicers need to understand how to handle these loans post-closing, analysts said here at the MBA Commercial/Multifamily Servicing and Technology Conference.

CBRE: ‘Voracious’ Demand for E-Commerce Industrial Centers
Voracious global demand for e-commerce fulfillment and distribution centers fueled a 2.8 percent year-over-year increase in prime logistics rents globally–led by double-digit gains in U.S. coastal markets–reported CBRE, Los Angeles.

C&W: Strong Fundamentals Point to ‘Robust’ Second Half
Commercial real estate fundamentals should continue to strengthen as the economy maintains its moderate growth path, said Cushman & Wakefield, New York.

Moody’s: CRE Supply/Demand Remains Steady
Commercial property market supply/demand fundamentals held steady in late 2015 consistent with balanced construction and absorption, reported Moody’s Investors Service, New York.