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.
Tag: MBA
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.
School of Multifamily Property Inspections: November 2023: Online
About the Event Click here for more MBA Education’s School of Multifamily Property Inspections is designed to help originators, asset managers, underwriters, servicers, and those inspecting multifamily properties better understand …
Voting for 2024 MBA Officers, New & Returning Directors Underway; Deadline Oct. 12
The voting period for the election of the Mortgage Bankers Association’s FY2024 officers and new and returning directors is underway. The voting ends at 5:00 p.m. E.T. on Thursday, October 12, 2023.
MBA Commercial/Multifamily Members Discuss What Membership Means to Them
The Mortgage Bankers Association is the voice of the entire real estate finance industry. In this new video, MBA commercial and multifamily members discuss what the organization means to them and the benefits they receive from MBA’s conferences, education and advocacy.
MBA: Commercial, Multifamily Delinquencies Continue Downward Trend
Delinquency rates of mortgages backed by commercial and multifamily properties have broadly improved in recent months, according to two new Mortgage Bankers Association reports.
MBA, Trade Groups Urge HUD to Address FHA Affordable Housing Delays
The Mortgage Bankers Association and a dozen industry trade groups urged HUD to address “severe processing delays” that are impeding financing of affordable housing in the Federal Housing Administration multifamily and healthcare programs.