Builders, Lenders Praise Biden Plan To Improve Housing Supply

National Mortgage Professional, May 17, 2022–David KrechevskyBob Broeksmit, president & CEO of the Mortgage Bankers Association, released a statement on the administration’s plan, supporting the effort to address affordability.https://nationalmortgageprofessional.com/news/builders-lenders-praise-biden-plan-improve-housing-supply

Nothing Is Guaranteed as the Fed Shrinks Its Balance Sheet

Barron’s, May 17, 2022–William English (subscription)With the pandemic recession recovery fairly complete and inflation running well above target, the Fed announced it would start reducing its securities holdings in June. …

MBA State Commercial Mortgage Licensing Resources

The Mortgage Bankers Association has updated its state-by-state compilation of commercial/multifamily mortgage licensing requirements. The updated resource is a no-cost, member-only benefit that is updated annually. It covers state requirements …

Office Usage Is Up, But What About Vacancy?

GlobeSt.com, May 16, 2022–Lynn PollackThere’s no denying the work-from-home trend is leading to higher vacancy rates in the office sector, but according to a trio of analysts from Moody’s, “there’s …