Industry personnel news from M&T Bank, SingleSource Property Solutions, Planet and REdistribute.
Category: News and Trends
MISMO Announces 2025 Board of Directors
MISMO, the real estate finance industry’s standards organization announced its Board of Directors for 2025.
Industry Briefs, Feb. 18, 2025
Industry news from iEmergent, Indecomm, Outamation, Enact Mortgage Insurance, Towne Mortgage Co. and Clarifire.
2025 Opens with Lower CMBS Delinquency Rate, Fitch Finds
The overall U.S. commercial mortgage-backed securities delinquency rate decreased by three basis in January to 2.95%, according to Fitch Ratings, New York.
Location, Location, Location: Expert Insights on Property Markets
SAN DIEGO–Every commercial property sector has seen both challenges and opportunities since the pandemic. Five real estate executives gathered here at MBA’s Commercial/Multifamily Finance Convention and Expo to share their thoughts on Tuesday.
Quote of the Day
“His deep experience as a regulator, in private practice, and on Capitol Hill – coupled with his background working on housing policy – make him a strong choice to lead the CFPB’s new direction under the Trump administration.”
–MBA’s President and CEO Bob Broeksmit, CMB, on Jonathan McKernan’s nomination to serve as Director of the CFPB
MBA Statement on the Nomination of Jonathan McKernan as CFPB Director
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on Jonathan McKernan’s nomination to serve as Director of the Consumer Financial Protection Bureau (CFPB).
Lori-Lee Stennett Receives David H. Stevens, CMB Real Estate Legacy Scholarship
SAN DIEGO–The Mortgage Bankers Association announced here at its 2025 Commercial/Multifamily Finance Convention and Expo that Lori-Lee Stennett, a senior finance major at Howard University, has received the David H. Stevens, CMB, Real Estate Legacy Scholarship.
Quote of the Day
“Looking back, I would describe 2024 as two completely different halves. The second half of the year was dramatically different from the first half of the year. We all, from a commercial standpoint, got busy in the second half of 2024, helped, of course, by interest rate decreases in August and September.”
–Jeffrey Majewski, Executive Managing Director with CBRE Capital Market
ATTOM: January Foreclosure Activity Up on Monthly Basis
ATTOM, Irvine, Calif., released its January 2025 U.S. Foreclosure Market Report, showing there were a total of 30,816 U.S. properties with foreclosure filings.