MBA: December Commercial/Multifamily Mortgage Delinquencies Rise
Delinquency rates for mortgages backed by commercial and multifamily properties Increased for the second month in a row in December, according to the Mortgage Bankers Association's latest monthly MBA CREF Loan Performance Survey.
MBA Now: LaBianca, Chandler, Rocco Discuss CREF21
MBA is bringing together under one roof two highly anticipated events via MBA LIVE, an interactive virtual convention experience.
CREF Engagement Team Adds Texas Presence, Hiring Jacky Salazar
The CREF Policy and Member Engagement team will add Jacky Salazar as Associate Director of Member Engagement this month. She will report to MBA Vice President of Member Engagement Kelli Burke and will work from the Dallas/Fort Worth area.
CREF Policy Update Jan. 14, 2021
Commercial and multifamily developments and activities from MBA relevant to your business and our industry.
Hotel Rebound Not Likely Until Second-Half 2021
The recent surge in COVID-19 infections dampened U.S. hotel performance expectations, but news of effective vaccines has bolstered recovery projections beginning second-half 2021, sector analysts said.
Mixed-Income Housing ‘Especially Impactful’ in Areas of Concentrated Poverty
Freddie Mac, McLean Va., said mixed-income housing can decentralize poverty, especially in areas of concentrated poverty.
DealMaker: JLL Arranges $168M for Multifamily, Industrial
JLL Capital Markets, Dallas, arranged $167.6 million for multifamily housing in South Carolina and Minnesota and industrial properties in Pennsylvania and Wisconsin.
Renters Struggle as Income Stagnates, Unemployment Remains High
Renters’ median income growth stopped last year, and more than three million renters who face COVID-19 unemployment carry extreme housing cost burdens, analysts said.
ATTOM: Owning Home More Affordable than Renting in 2/3 of U.S. Markets
ATTOM Data Solutions, Irvine, Calif., said owning a median-priced three-bedroom home is more affordable than renting a three-bedroom property in 63 percent of U.S. counties.
