Sonnenblick-Eichner Co., Beverly Hills, Calif., placed $35 million for the leasehold interest in the Moxy Oakland Downtown, a 172-room hotel in Oakland’s Uptown Arts and Entertainment District.
Category: News and Trends
Sponsored Content from SWBC: 2022 Property Appraisal Challenges; an Interview with Chuck Mureddu
Mortgage lenders are having a hard time sourcing affordable, prompt property appraisals. We discuss this challenge with SWBC’s Chief Valuation Officer, Chuck Mureddu.
MBA Chart of the Week June 17 2022: Federal Reserve Projections
The Federal Reserve is racing to catch up to economic events, announcing a 75-basis-point increase in the federal funds rate and signaling more increases following last week’s FOMC meeting.
MBA Risk Management, QA and Fraud Prevention Forum in Nashville Sept. 11-13
The Mortgage Bankers Association’s annual Risk Management, QA and Fraud Prevention Forum takes place Sept. 11-13 at the Grand Hyatt Nashville.
The MBA Home for All Pledge
The MBA Home for All Pledge represents our industry’s long-term commitment on a sustained and holistic approach to address racial inequities in housing.
MBA, Winnow Solutions LLC Partner to Help Members with Compliance Research, Costs
The Mortgage Bankers Association and Winnow Solutions LLC, Anaheim, Calif., announced a partnership that will provide MBA member subscribers – at a 10% discount rate – a comprehensive database of state and federal regulations to help control costs and better manage the growing complexity of mortgage regulations.
Faith Schwartz of Housing Finance Strategies: Homeownership Month Focus on Policy Innovation to Up-Level the FTHB
The trend we address in this short narrative is the shrinking playing field for first-time homebuyers who are more and more being shut out of buying opportunities by institutional cash buyers and losing the attendant opportunity for the creation of generational wealth.
Bruno Pasceri of Incenter LLC on Changing Mortgage Market Conditions
Bruno Pasceri is President of Incenter LLC, Fort Washington, Pa., which helps mortgage bankers optimize processes and improve performance.
MBA CONVERGENCE Webinar June 23: Understanding and Serving Today’s Buyer
MBA CONVERGENCE presents a timely webinar, Understanding and Serving Today’s Buyer, on Thursday, June 23 from 3:00-4:00 p.m. ET.
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“CONVERGENCE Philadelphia will bring together a local network of housing leaders, non-profits, and other stakeholders to collaborate on sustainable housing opportunities for underserved people and communities. We are grateful for the strong support from Finance of America, Radian and Wells Fargo Home Mortgage as we develop strong affordable housing partnerships to increase homeownership opportunities in Philadelphia.”
–MBA President and CEO Bob Broeksmit, CMB.