Amazon to Lay Off Thousands of Employees

Reuters, Nov. 14, 2022–Jeffrey DastinAmazon.com Inc is planning to lay off around 10,000 employees in corporate and technology roles beginning this week, a person familiar with the matter said on …

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 …

CMBS Falters in 3Q22 but Agency Multifamily Softens the Decline

Inside Mortgage Finance, Nov. 11, 2022–John BancroftSecuritization of income-property mortgages declined in the third quarter, but the sector’s slump wasn’t nearly as severe as the nosedive in residential MBS issuance.https://www.insidemortgagefinance.com/articles/226214-cmbs-falters-in-3q22-but-agency-multifamily-softens-the-decline?v=preview

Economists: Inflation May Have Peaked

National Mortgage Professional, Nov. 10, 2022–David KrechevskyBy any measure annual inflation is still high, but it pulled back more than expected in October, leading some economists to say inflation may …