The Federal Financial Institutions Examination Council issued a joint statement on additional loan accommodations related to COVID-19 on Monday.
Tag: COVID-19
The Latest on LIBOR Transition with Metlife’s Reena Pally
MBA NewsLink interviewed Reena Pally, Managing Director of Real Estate Debt Strategies with MetLife Investment Management, about the transition away from LIBOR to a successor index for floating-rate loans.
Seniors Housing Spotlight
All property types have felt some effects from COVID-19, but seniors housing is a special case. It has seen a variety of impacts including in occupancy rates and expenses.
MBA, Trade Groups Submit Urgent Main Street Lending Program Recommendations
The Mortgage Bankers Association and affiliated groups shared urgent recommendations with the Senate Banking Committee to improve the Main Street Lending Program’s effectiveness for commercial real estate owners and tenants.
COVID-19 Pandemic to Cause Commercial/Multifamily Lending Pullback This Year
Commercial and multifamily mortgage bankers are expected to close $248 billion of loans backed by income-producing properties this year, a 59 percent decline from 2019’s record volume of $601 billion, a new Mortgage Bankers Association forecast said.
Sharon Walker: Multifamily Market Musings
The multifamily lending markets are ripe with interesting developments from the GSEs this year, whether it be re-proposed capital rules, LIBOR transition or ongoing responses to COVID-19.
NAIC Extends Modification Period Under Life Company RBC Guidance
On Friday the Financial Condition (E) Committee of the National Association of Insurance Commissioners (NAIC) voted unanimously to extend the modification period covered by its March 27 life company risk-based capital (RBC) guidance for COVID-19-related modifications.
MBA CREF COVID Communication – Legislative and Regulatory Update – June 3, 2020
A summary of the legislative, regulatory and operational items our membership has asked MBA to help address, including actions, next steps and how you can get involved.
Office Employees Value Flexibility in COVID-19 Era
U.S. employees are re-examining their relationship with their offices due to COVID-19, said CBRE Hana, New York.
MBA CREF COVID-19 Update
A summary of the legislative, regulatory and operational items our membership has asked MBA to help address, including actions, next steps and how you can get involved.