The Mortgage Bankers Association and other industry trade groups on Tuesday asked regulators for “immediate support” of commercial and multifamily mortgage markets.
The Mortgage Bankers Association and other industry trade groups asked the Treasury Department and the Internal Revenue Service to delay deadlines applicable to like-kind exchanges currently underway to ensure liquidity in real estate markets during the coronavirus pandemic.
Regulators Issue Statement on Loan Modifications, Reporting for Institutions Working with Customers Affected by Coronavirus
On March 22 federal prudential regulators issued an Interagency Statement on Loan Modifications and Reporting for Financial Institutions Working with Customers Affected by Coronavirus.
The Mortgage Bankers Association on Sunday asked the Treasury Department and the Federal Reserve to take immediate further actions ensure orderly functioning of the housing finance market in response to the “extreme volatility” in financial markets arising from the spread of the coronavirus.
On March 24 HUD released an industry update and provided questions and answers for Office of Multifamily Housing Stakeholders.
Fannie Mae and Freddie Mac will offer multifamily property owners mortgage forbearance if they suspend all evictions for renters unable to pay rent due to coronavirus, the Federal Housing Finance Agency announced Monday.
Walker & Dunlop, Bethesda, Md., structured $102.1 million in construction-permanent financing for two multifamily properties in Alabama and Florida.
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Apartment demand normally increases when spring arrives, but this year could see significantly lower volume due to the coronavirus threat, said RealPage, Richardson, Texas.
Federal Deposit Insurance Corp. Chair Jelena McWilliams, in a Mar. 19 letter to the Financial Accounting Standards Board, urged FASB to delay or postpone implementation of its current expected credit losses accounting rules.
MBA is proud to recognize its Premier Members and to thank them for their continued support of MBA and the real estate finance industry.
MBA recognizes its Select Associate Members and thanks them for their continued support of MBA and the real estate finance industry.
Real Capital Analytics, New York, named the largest brokerage commercial real estate firms in the world.
STR, Hendersonville, Tenn., said the hotel sector began showing COVID-19’s impact, with negative results in all three key performance metrics for the week ending March 14.
Trepp LLC, New York, said life insurance company mortgage returns dropped steeply in late 2019.