The Mortgage Bankers Association appointed Lionel Lynch as Vice President of Strategic Member Relations.
Category: News and Trends
Briefs: DebtX, Red Mortgage Capital
DebtX, Boston, launched a new credit-rating system for commercial real estate whole loans to enable financial institutions to make better risk and pricing decisions.
MBA Research Examines Issues Shaping Lending
New Mortgage Bankers Association research examines key commercial and multifamily mortgage financing sources and the issues that will shape lending.
MBA Outlines Principles for Restoring Balance in Housing System
WASHINGTON–For all the debate about the future of Fannie Mae and Freddie Mac, one aspect appears to be a consensus view: the current system cannot sustain itself.
New York Sets Dollar Volume, Price Records
New York City set another record last year with aggregate sales totaling $74.5 billion, exceeding 2007’s $62 billion prior peak, reported Cushman & Wakefield, New York.
Briefs: Brookfield-Rouse; MetLife-MassMutual
Brookfield Asset Management, New York, agreed to acquire real estate investment trust Rouse Properties, New York, for $18.25 per share in an all-cash transaction valued at $2.8 billion.
Single-Family Rental Fundamentals Favorable
Single-family rental investors saw healthy income and appreciation returns last year in most markets across the country, reported HomeUnion, Irvine, Calif.
MBA, Trade Groups Urge Changes to SEC Act CRE Risk Retention Rules
The Mortgage Bankers and other industry trade groups asked the House Financial Services Committee to approve a bill that would amend the Securities Exchange Act to modify requirements for qualified commercial real estate.
KPMG: Investors Bullish But Cautious
Investors remain optimistic about U.S. commercial real estate, with 91 percent expecting fundamentals to hold steady or improve, reported KPMG, New York.
CBRE: Retailers Expanding Stores Despite E-Commerce
Retailers are expanding stores internationally this year despite growing online shopping, with a greater percentage eyeing growth in the Americas than last year, reported CBRE Group, Los Angeles.
