Congress Passes Three-Month, Stopgap Funding Bill; NFIP Also Extended Until December
Wednesday evening, the U.S. House and Senate passed an identical Continuing Resolution (CR) that averts a government shutdown and extends Fiscal Year 2024 funding levels through December 20, 2024.
MBA Statement on FHFA’s Suspended Counterparty Program Re-Proposal
MBA President and CEO Bob Broeksmit, CMB, issued the following statement regarding the Federal Housing Finance Agency’s announced re-proposal of amendments to its Suspended Counterparty Program (SCP) regulation:
MBA’s Bob Broeksmit on Recent Trigger Leads Progress, Other Key Industry Issues to Watch
WASHINGTON, D.C.–Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, took the stage at MBA’s Compliance and Risk Management Conference Sept. 23 to discuss some hot topics–including the recent addition of trigger leads provisions in the National Defense Authorization Act.
CREF Policy Update: Federal Reserve Cuts Rates By a Half Point; First Rate Cut Since 2020
Commercial and multifamily developments and activities from MBA important to your business and our industry.
Dealmaker: JLL Secures $44M Refinancing in Redmond, Wash.
JLL Capital Markets, Chicago, secured a $43.5 million refinancing for The Carter on the Park, a 180-unit apartment community in downtown Redmond, Wash.
CoreLogic: Single-Family Rental Prices Up 2.8% in July
CoreLogic, Irvine, Calif., reported single-family rental prices grew 2.8% year-over-year in July.
SitusAMC: Commercial Real Estate Values Stabilize; Investor Sentiment Improves
The commercial real estate market appears to be stabilizing, with market participants seeing relief on the horizon as interest rates have started to decline, according to SitusAMC’s latest CRE Debt and Valuation Trends analysis.
