One year ago, almost no one could have predicted what 2020 would bring. Everyone in the real estate world had to adjust their expectations.
Group Newslink: MBA Commercial/Multifamily NewsLink Feb. 11
MBA: 4th Quarter Commercial/Multifamily Borrowing Falls 18 Percent
Commercial and multifamily mortgage loan originations fell by 18 percent in the fourth quarter from a year ago, but increased by 76 percent from the third quarter, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
MBA Chart of the Week: Missed Payments By Month (Percent)
This week’s MBA Chart of the Week chart provides a preview of newly updated pandemic-related household financial insights that MBA’s Research Institute for Housing America released this morning, Feb. 8.
mPower: Remaining Resilient Amid Disruption
The pandemic has increased stress on everyone and everything. So MBA CREF21 asked several female business leaders to discuss lessons they have learned while navigating COVID-19 challenges.
MBA RIHA Study Shows Progress, but 5 Million Renters, Homeowners Missed December Payments
Five million households did not make their rent or mortgage payments in December, and 2.3 million renters and 1.2 million mortgagors believe they are at risk of eviction or foreclosure or would be forced to move in the next 30 days, according to fourth-quarter research released today by the Mortgage Bankers Association’s Research Institute for Housing America.
Addressing America’s Affordability Crisis
Moody’s Analytics and the Urban Institute recently reported that more than 10 million U.S. renter households owe more than $5000 in back rent and fees as America’s affordability problem worsens during the pandemic. Analysts took on these and other issues in a lively session at the Mortgage Bankers Association’s CREF21 virtual convention.
Senate Panel Advances Fudge, Rouse for Roles Leading HUD, CEA
Politico, Feb. 4, 2021–Katy O’DonnellThe Senate Banking Committee approved the nomination of Marcia Fudge to lead the Department of Housing and Urban Development on a 17-7 vote Thursday. The vote …
Top 10 Multifamily Financing Trends for 2021
Multi-Housing News, Feb. 4, 2021–Sibly FlemingThe pandemic is still very active and will continue to affect different property types, according to Jamie Woodwell, vice president of commercial real estate research …
Biden Stimulus Could Worsen Affordable Housing Crisis
HousingWire, Feb. 4, 2021–Kelsey RamirezThe nation’s most influential housing trade groups sent a letter to the House Committee on Financial Services saying any new stimulus package considered would need to …
CRE Performance, Outlook Varies by Bucket
Investors and lenders are grouping commercial properties into distinct “buckets,” and different buckets will likely perform differently as the economy bounces back from the Pandemic Recession, said MBA Vice President of CRE Research & Economics Jamie Woodwell.