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MReport, Feb. 8, 2019--Rachel Williams, Krista Franks BrockIntegrity, decisiveness and empowerment. These are the three core qualities of an effective leader, according to Marcia Davies, COO of the Mortgage Bankers Association and creator of mPower, a networking group for women in housing finance, sponsored by MBA.
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Facing Opposition, Amazon Reconsiders NY Headquarters Site, Two Officials Say
Washington Post, Feb. 8, 2019--Robert McCartney, Jonathan O'Connell, Patricia SullivanAmazon.com is reconsidering its plan to bring 25,000 jobs to a new campus in New York City following a wave of opposition from local politicians.
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BB&T-SunTrust: Three Big Questions
American Banker, Feb. 7, 2019--Paul Davis (subscription)BB&T finally scored the type of deal it has coveted for nearly two decades--a massive acquisition that puts it one step closer to becoming a top-five bank.
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Bankruptcy Judge Says He Will Approve Lampert Purchase of Sears
Wall Street Journal, Feb. 7, 2019--Lillian Rizzo (subscription)A bankruptcy judge said Thursday he would approve Edward Lampert's bid to purchase Sears Holdings Corp., a decision that will keep the doors open at more than 400 stores and see 45,000 people keep their jobs.
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Q4 Commercial and Multifamily Mortgage Originations Up 14 Percent
National Mortgage Professional, Feb. 11, 2019--Phil HallFourth quarter originations for commercial and multifamily mortgages were up 14 percent on a year-over-year basis, according to new data from the Mortgage Bankers Association.
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Multifamily and CRE Mortgage Lending Projected to Match Record High
National Mortgage News, Feb. 11, 2019--Paul Centopani (subscription)Stable equity and debt availability should keep multifamily and commercial real estate originations in line with 2017's peak, according to the Mortgage Bankers Association.
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2018 Ends on a High Note with a 14 Percent Rise in Commercial/Multifamily Borrowing
SAN DIEGO--A strong final three months of the year helped commercial and multifamily mortgage originations increase by 3 percent in 2018, according to preliminary estimates from the Mortgage Bankers Association's Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
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MBA Forecast: Commercial/Multifamily Originations to Hold Firm in 2019
SAN DIEGO--Steady commercial real estate markets, along with equity and debt availability, are expected to keep commercial and multifamily mortgage originations roughly on par with the volumes seen the past two years, according to the Mortgage Bankers Association's 2019 Commercial/Multifamily Real Estate Finance Forecast.
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CMBS Delinquency Rate Falls to Post-Crisis Low
The commercial mortgage-backed securities delinquency rate began the year the way it concluded 2018: by dropping again, reported Trepp, New York.
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CREF Highlights
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
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MBA: 2019 Commercial and Multifamily Mortgage Maturity Volumes to Increase 8 Percent
SAN DIEGO--The Mortgage Bankers Association said $110.5 billion (6 percent) of the $1.9 trillion in outstanding commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2019.
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Wells Fargo Leads MBA 2018 Year-End Commercial/Multifamily Servicer Rankings
SAN DIEGO--The Mortgage Bankers Association released its year-end ranking of commercial and multifamily mortgage servicers' volumes (as of December 31, 2018), showing Wells Fargo again leading the rankings.
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MBA Presents PNC with Commercial/Multifamily Diversity & Inclusion Leadership Award
SAN DIEGO--The Mortgage Bankers Association awarded PNC Bank with the 2019 Commercial/Multifamily Diversity & Inclusion Leadership Award.
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Commercial/Multifamily Briefs
Fannie Mae, Washington, D.C., will increase the loan limit of small mortgage loans to $6 million from $3 million or less nationwide and $5 million or less in high-cost markets.
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MBA Forecast: Commercial/Multifamily Originations to Hold Firm in 2019
SAN DIEGO--Steady commercial real estate markets, along with equity and debt availability, are expected to keep commercial and multifamily mortgage originations roughly on par with the volumes seen the past two years, according to the Mortgage Bankers Association's 2019 Commercial/Multifamily Real Estate Finance Forecast.
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MBA Presents PNC with Commercial/Multifamily Diversity & Inclusion Leadership Award
SAN DIEGO--The Mortgage Bankers Association awarded PNC Bank with the 2019 Commercial/Multifamily Diversity & Inclusion Leadership Award.
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MBA Forecast: Commercial/Multifamily Originations to Hold Firm in 2019
SAN DIEGO--Steady commercial real estate markets, along with equity and debt availability, are expected to keep commercial and multifamily mortgage originations roughly on par with the volumes seen the past two years, according to the Mortgage Bankers Association's 2019 Commercial/Multifamily Real Estate Finance Forecast.
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MBA Presents PNC with Commercial/Multifamily Diversity & Inclusion Leadership Award
SAN DIEGO--The Mortgage Bankers Association awarded PNC Bank with the 2019 Commercial/Multifamily Diversity & Inclusion Leadership Award.
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GSE Multifamily Lending Grows, Adapts
SAN DIEGO--Multifamily's role in the housing market is growing--and Fannie Mae and Freddie Mac are playing an increasing role in financing multifamily real estate, GSE executives said here at the MBA CREF/Multifamily Housing Convention & Expo.
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GSE Multifamily Lending Grows, Adapts
SAN DIEGO--Multifamily's role in the housing market is growing--and Fannie Mae and Freddie Mac are playing an increasing role in financing multifamily real estate, GSE executives said here at the MBA CREF/Multifamily Housing Convention & Expo.
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GSE Multifamily Lending Grows, Adapts
SAN DIEGO--Multifamily's role in the housing market is growing--and Fannie Mae and Freddie Mac are playing an increasing role in financing multifamily real estate, GSE executives said here at the MBA CREF/Multifamily Housing Convention & Expo.
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