MBA Weighs in on HUD Section 8 Proposal
The Mortgage Bankers Association this week weighed in with HUD on its proposal to transition to a single Section 8 regulation and a single Housing Assistance Payment contract for its Section 8 project-based rental assistance programs.
MBA CREF Policy Update April 6, 2023
Commercial and multifamily developments and activities from MBA important to your business and our industry.
CommercialEdge: Maturing Loans Indicate More Office Sector Uncertainty
CommercialEdge, Santa Barbara, Calif., said office owners will continue to face difficulties, especially those with loans that mature over the next three years.
Moody’s: CMBS Loss Severities Drop
Moody’s, New York, reported U.S. commercial mortgage-backed securities had the lowest loss amount last year since 2009, but noted loss severities remained elevated.
Colliers: February Investment Sales Volume Jumps
Commercial real estate investment sales volume totaled $25.1 billion in February, up significantly from January, reported Colliers, Toronto.
JLL: Brief Construction Contraction Possible
The construction industry remains exceptionally busy but cautious about a potential economic downturn, JLL said in its Construction Outlook.
HUD Updates Guidance for Section 8 Project-Based Rental Assistance Contract Renewals
On Monday HUD’s Office of Multifamily Housing Programs updated its guidance for owners of properties participating in its Section 8 Project-Based Rental Assistance program.
CFPB Releases Final Rule on Small Business Loan Reporting
The Consumer Financial Protection Bureau last Thursday issued a final rule that would require some lenders to collect and report information about small business credit applications they receive, including geographic/demographic data, lending decisions and the price of credit.
