The Mortgage Bankers Association weighed in on the Office of Management and Budget’s request for information on “unnecessary, unlawful, unduly burdensome, and unsound” rules.
Tag: MBA
John Lammle Joins MBA as Associate Vice President of Commercial Real Estate Finance
The Mortgage Bankers Association announced that John Lammle has joined the association as Associate Vice President of Commercial Real Estate Finance. In this role, Lammle will help lead and execute MBA’s advocacy activities and initiatives supporting its commercial and multifamily members.
MBA Statement on Senate Bill Introduction to Raise FHA Multifamily Loan Limits
MBA President and CEO Bob Broeksmit, CMB, released a statement regarding the introduction from Senators Ruben Gallego (D-AZ) and Dave McCormick (R-PA) of a bipartisan bill to increase Federal Housing Administration (FHA) multifamily statutory loan limits.
Judith Ricks Joins MBA as Associate Vice President, Commercial Real Estate Research
The Mortgage Bankers Association (MBA) announced that Judith Ricks has joined the association as Associate Vice President, Commercial Real Estate Research. In this role, Ricks will develop and oversee MBA’s extensive research and analysis that covers commercial real estate finance (CREF) markets.
MBA and CRI Society Award the CRI Charter Designation to 19 Industry Professionals
The Chartered Realty Investor designation, a hallmark of excellence in commercial/multifamily real estate finance, investment and advisory for 24 years, is evolving to meet the demands of today’s market.
MBA: Multifamily Lending Declined 49% to $246 Billion in 2023
In 2023, 2,520 different multifamily lenders provided a total of $246.2 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association’s annual report of the multifamily lending market.
MBA Urges HUD to Publish Notice About Ongoing Challenges With NSPIRE Protocol
The Mortgage Bankers Association asked HUD for assurance that servicers will not be held accountable for compliance with the new National Standards for the Physical Inspection of Real Estate (NSPIRE) system until it is “fully accessible and usable to each participant.”
MBA: Commercial and Multifamily Mortgage Debt Outstanding Increased in Fourth Quarter
The level of commercial and multifamily mortgage debt outstanding at the end of 2023 was $130 billion (2.8%) higher than at the end of 2022, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.
MBA Leads Industry Groups in Submitting Comments Related to Basel III Proposed Rulemaking
The Mortgage Bankers Association last week led a group of housing and industry trade groups in submitting a comment letter highlighting critical concerns and recommendations related to the Notice of Proposed Rulemaking regarding the implementation of the final components of the Basel III standards.
Commercial and Multifamily People in the News Jan. 11, 2024
Industry personnel news from Gantry, Greystone, MBA and Peachtree Group.