Category: News and Trends

SAN DIEGO–The Mortgage Bankers Association presented Dan Phelan, CMB, CRI, CCMS, with its E. Michael Rosser, CMB, MBA Education Lifetime Achievement Award.

SAN DIEGO–The current market holds more opportunity for mortgage companies of all sizes than any time since before the financial crisis, said Quicken Loans Founder and Chairman Dan Gilbert. 

SAN DIEGO–The American people deserve a better, more responsive mortgage finance system, said White House Senior Policy Advisor Michael Stegman. But, he said, that will not come from recapitalizing and releasing Fannie Mae and Freddie Mac from conservatorship.

SAN DIEGO–The Mortgage Bankers Association announced new members of its Commercial Real Estate/Multifamily Finance Board of Governors.

Nearly half of investors surveyed say real estate investment trusts will outperform the S&P 500 by three percent or more over the next 12 months, reported BMO Capital Markets, Montreal, Quebec.

The Federal Reserve received mostly positive feedback on commercial real estate nationwide since early September. 

Capital keeps flowing into commercial real estate at a healthy pace against a backdrop of global economic uncertainty and potential future interest rate hikes, reported Avison Young, Toronto.

Property prices increased again in August, pushing both apartments and commercial property prices over their pre-crisis peaks, reported Moody’s Investors Service and Real Capital Analytics.

Demand for U.S. office space remained strong in the third quarter despite recent global volatility, sector analysts said.

The multifamily market should continue its robust growth streak for several more years, said Freddie Mac Multifamily, McLean, Va.