Commercial real estate foreclosures remain elevated and are still considerably higher than pre-pandemic figures, according to ATTOM, Irvine, Calif.
Category: News and Trends
MBA Recognizes Premier, Select Members
MBA is proud to recognize its Premier and Select Members and to thank them for their continued support of MBA and the real estate finance industry.
Laura Escobar, Christine Chandler, Owen Lee Sworn In
DENVER–Laura Escobar, President of Lennar Mortgage, was sworn in Sunday as Chair of the Mortgage Bankers Association during MBA’s Annual Convention & Expo. M&T Realty Capital Corporation’s Christine Chandler and Success Mortgage Partners’ Owen Lee were sworn in as Chair-Elect and Vice Chair, respectively.
MBA’s Future Leaders Program Graduates 39 Commercial/Multifamily Real Estate Finance Professionals
DENVER–The Mortgage Bankers Association recognized 39 commercial/multifamily mortgage professionals in a graduation ceremony for MBA’s Future Leaders Program held at MBA’s 2024 Annual Convention & Expo.
CREF Policy Update: HUD Responds to MBA Advocacy on Underwriting, Floodplain Rule; CREF Delinquencies Data
Commercial and multifamily developments and activities from MBA important to your business and our industry.
MBA NewsLink Q&A with JLL Value & Risk Advisory’s Becky Gaston
Becky Gaston serves as National Practice Lead, Zoning, with JLL Value & Risk Advisory
Commercial Foreclosures Up Year-Over-Year, ATTOM Finds
Commercial real estate foreclosures remain elevated and are still considerably higher than pre-pandemic figures, according to ATTOM, Irvine, Calif.
CMF Quote of the Week
“Delinquency rates for commercial mortgages backed by office properties continued to increase during the third quarter but declined for loans backed by lodging, retail and industrial properties.”
–Jamie Woodwell, MBA’s Head of Commercial Real Estate Research
Altus Group: Commercial Real Estate Industry Expectations Mixed, but Show Signs of Optimism
Altus Group, Toronto, released its Q3 Commercial Real Estate Industry Conditions and Sentiment Survey, finding that the number of respondents who cited “deploying capital” as a primary focus over the next 6 months grew to 31%.
CoreLogic: Single-Family Rents Grew 2.4% in August
CoreLogic, Irvine, Calif., found U.S. single-family rents grew 2.4% year-over-year in August. However, that’s the lowest rate of growth since last fall, CoreLogic noted.