The Mortgage Bankers Association asked the House Appropriations Committee to support key fiscal year 2022 appropriations proposed to HUD, FHA and Ginnie Mae.

When looking at commercial and multifamily mortgage delinquency rates, we tend to exclude loans that have been delinquent for less than 30 days, as many may be experiencing a temporary “hiccup” that will be quickly remedied before the next payment is due. But examining these rates can provide key insights into commercial and multifamily mortgage performance through the pandemic and into today.

Commercial and multifamily developments and activities from MBA relevant to your business and our industry.

Inspire change; share success. The Mortgage Bankers Association recognizes residential and commercial/multifamily members who show leadership in the areas of Diversity, Equity and Inclusion (DEI) internally through market outreach efforts with its annual DEI Leadership Awards.

Apartment property prices grew faster than industrial asset prices in June, reversing a trend seen through most of 2021, reported Real Capital Analytics, New York.

Institutional Property Advisors, Calabasas, Calif., closed $39.8 million in retail and multifamily transactions in Rhode Island and Arizona.

Consumer retail spending now exceeds pre-COVID levels; investor confidence in retail real estate is also growing, reported JLL, Chicago.

The Boulder Group, Wilmette, Ill., reported single-tenant net lease cap rates rose slightly in the second quarter after hitting record low levels in early 2021.

CRE executives’ market sentiment has improved dramatically from a year ago, reported RCLCO, Washington, D.C.

Greystone hired Karen Ford as a Vice President on its FHA lending team, based in Mississippi.