The Mortgage Bankers Association introduces a new offering to its members — the Diversity, Equity and Inclusion (DEI) Study — separately designed and compiled for both the residential and commercial/multifamily sides of the real estate finance industry.
Group Newslink: MBA Commercial/Multifamily NewsLink Thursday Aug. 19
Single-Family Rental Mortgage Default Risk Declines in 1H21
National Mortgage News, Aug. 18, 2021–Brad Finkelstein (subscription)Mortgage default risk for single-family rental properties decreased 16% in the first half of 2021 when compared to the previous six months, according …
Landing a Mortgage is About to Become Easier if You Made On-Time Rent Payments
Yahoo! Finance, Aug. 18, 2021–Clayton JarvisGovernment-sponsored mortgage giant Fannie Mae has announced that the underwriting system used by its lending partners will begin factoring on-time rent payments into its evaluation …
MBA DEI Leadership Awards: Nomination Deadline Extended to Aug. 20
The Mortgage Bankers Association introduces a new offering to its members — the Diversity, Equity and Inclusion (DEI) Study — separately designed and compiled for both the residential and commercial/multifamily sides of the real estate finance industry.
MBA DEI Leadership Awards: Nomination Deadline Extended to Aug. 20
The Mortgage Bankers Association introduces a new offering to its members — the Diversity, Equity and Inclusion (DEI) Study — separately designed and compiled for both the residential and commercial/multifamily sides of the real estate finance industry.
The California Housing Crunch
Wall Street Journal, Aug. 17, 2021–Op-Ed (subscription)Ballooning housing costs have become a focal point in California Gov. Gavin Newsom’s recall election and are one reason the state last year lost …
Fannie Mae’s Rental Payment Change Worries Some
HousingWire, Aug. 13, 2021–Georgia KromreiThe mortgage industry had mixed feelings about the Federal Housing Finance Agency’s move to count positive rental history in Fannie Mae’s underwriting process. The Mortgage Bankers …
Eviction Moratorium Left in Place by Judge Despite Legal Doubts
Wall Street Journal, Aug. 13, 2021–Brent Kendall (subscription)A federal judge on Friday allowed the Biden administration’s new eviction moratorium to remain in place, saying she didn’t have authority to block …
Foreclosures, Evictions Not Instantaneous
UEXpress, Aug. 13, 2021–Lew SichelmanNot to downplay the pending foreclosures and evictions faced by millions of families, but the current national furor is a bit overblown.https://www.uexpress.com/home/housing-scene/2021/08/13
MBA Chart of the Week Aug. 16 2021–Aggregate Back Rent Owed
This week’s MBA Chart of the Week zeroes in on households who missed rental payments in June. The chart plots a) the distribution of those households by the number of payments they have missed since the onset of the pandemic; and b) an estimate of the aggregate dollar volume of back rent owed by those households.