NEW ORLEANS–Significant challenges affecting the insurance industry remain, said Gary Sullivan, Senior Director of Emerging Risks for the American Property Casualty Insurance Association. But, there are opportunities for the insurance and banking industries to work together to help.
Category: News and Trends
Dealmaker: Berkadia Secures $32M for Virginia Beach Multifamily
Berkadia, New York, secured $31.8 million in construction/permanent financing through the Virginia Housing Development Authority for Vanguard Landing, a 128-bedroom community to be developed in Virginia Beach, Va.
23 Mortgage Servicers Earn CCMS Designation at MBA CMST Conference
NEW ORLEANS–Twenty-three mortgage servicers earned their Certified Commercial Mortgage Servicer designations here at the Mortgage Bankers Association’s Commercial/Multifamily Finance Servicing and Technology Conference.
Offices, Insurance Top Commercial Servicing Conversations, Panel Says
NEW ORLEANS–Looking at servicing in the current commercial market, offices and insurance issues are top of mind. That’s per a panel at the Mortgage Bankers Association Commercial/Multifamily Finance Servicing and Technology Conference, here, May 20.
Cybersecurity Panelists Talk Trends, AI, Best Practices
NEW ORLEANS–“I guarantee we’re going to scare some people. And if you’re not scared when we leave, you weren’t paying attention,” promised Brett Adams, Senior Vice President & Managing Director, Servicing, Berkadia, on a panel about guarding against cybercrime May 20.
CREF Policy Update: Supreme Court Rules in CFPB’s Favor; Prudential Regulators Testify on the Hill; MBA Shares Views Ahead of Markup
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Housing Supply Accelerator Initiative Releases Playbook to Boost Attainable, Equitable Housing Supply
The Mortgage Bankers Association is proud to partner with the American Planning Association, the National League of Cities and others on the Housing Supply Accelerator, a collaborative effort aimed at boosting diverse, attainable and equitable housing supply across the United States.
CMF Quote of the Week: May 23, 2024
“MBA is relieved that the Supreme Court avoided a ruling that would have disrupted the housing and mortgage markets and harmed the economy and consumers. While we frequently disagree with the Bureau on how they interpret or enforce particular rules, a decision that would have invalidated the Bureaus’ previous rules could have had severe consequences for single-family and multifamily mortgage markets.”
–MBA President and CEO Bob Broeksmit, CMB, discussing the U.S. Supreme Court’s Decision in CFPB v. CFSAA
MBA Comments on the U.S. Supreme Court’s Decision in CFPB v. CFSAA
MBA President and CEO Bob Broeksmit, CMB, released the following statement regarding the U.S. Supreme Court’s decision in Consumer Financial Protection Bureau v. Community Financial Services Association of America:
CMF Quote of the Week: May 16, 2024
“[Multifamily] absorption has remained surprisingly resilient despite the record deliveries over the last few quarters.”
–Kelli Carhart, leader of Multifamily Capital Markets for CBRE