Regal Ventures, New York, sold a five-parcel portfolio of office buildings in Mt. Laurel, N.J., for $51 million.
Category: News and Trends
Rita Moreno Keynotes mPower Event at MBA Annual22
Rita Moreno–Academy Award-winning actress, dancer and singer and recipient of the Presidential Medal of Freedom–keynotes the mPower Event at the Mortgage Bankers Association in Nashville, Tenn.
Who Owns Climate Risk? MBA White Paper Examines Challenges, Risks for U.S. Real Estate
The Mortgage Bankers Association this week issued a white paper examining how climate change is dramatically reshaping lenders’ and policymakers’ approaches to the U.S. real estate market.
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“A 4.5% average annual appreciation forecast signifies that the process has begun to return the market to historically more normal times from the overheated post-pandemic market of the previous two years. Now that the Fed has finally gotten serious with fighting inflation, interest rates have moved up significantly and that is causing demand in some markets to slow significantly.”
–Eric Fox, Chief Economist with Veros Real Estate Solutions, Santa Ana, Calif.
Brad Padratzik on MBA Associate Membership
MBA Director of Associate Membership Brad Padratzik discusses the competitive advantages of MBA Associate Membership.
Mark P. Dangelo: A Vast Rebalancing–The ‘Dark Side’ of Digital Transformation
In a short six months, the runaways for business and technology transformation have changed markedly. Additionally, mortgage lending will shrink to just over $2T as inflation as interest rates rise. Profit margins must now be achieved by restructuring digitally transformed processes that were thought to be “complete.” To survive—and prosper—organizations must adapt to widespread industry rebalancing.
MBA Opens Doors Foundation Raises $187,000 at MBA Chairman’s Conference
The MBA Opens Doors Foundation announced it raised $187,200 during the annual MBA Chairman’s Conference, which took place in June.
People in the News July 8, 2022: CoreLogic Names Patrick Dodd CEO
CoreLogic, Irvine, Calif., appointed Patrick Dodd president and chief executive officer. He will continue to serve on the company’s board of directors.
MISMO Seeks Public Comment on Enhanced Version of Industry Loan Application Dataset
MISMO®, the real estate finance industry standards organization, seeks public comment on an enhancement to the Industry Loan Application Dataset (iLAD), an industry standard for the exchange of loan application information.
Who Owns Climate Risk? MBA White Paper Examines Challenges, Risks for U.S. Real Estate
The Mortgage Bankers Association this week issued a white paper examining how climate change is dramatically reshaping lenders’ and policymakers’ approaches to the U.S. real estate market.