Berkadia, New York, closed two multifamily transactions totaling $81.6 million.
Category: News and Trends
MBA Opens Doors Foundation Receives $94,000 from Lennar Mortgage’s Annual Derby Fundraising Campaign
The MBA Opens Doors Foundation received $94,192 from Lennar Mortgage’s 9th Annual Derby. This gift will allow Opens Doors to further deliver on its mission of providing mortgage and rental assistance to families with critically ill or injured children, allowing parents and guardians to be by a child’s side during treatment without fear of losing their home.
MBA Weekly Survey June 8, 2022: Applications Fall to 22-Year Low
Mortgage applications decreased 6.5 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 3, 2022.
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“The GSEs’ plans – focused on a typical consumer’s housing lifecycle – should allow for increased opportunities for minority households to secure affordable rental housing, prepare for homeownership and obtain access to safe and affordable mortgage credit. While the plans are targeted to Black and Hispanic borrowers, all low- and moderate-income borrowers and communities should benefit.”
–MBA President & CEO Robert Broeksmit, CMB.
MBA Launches Commercial Real Estate Finance Student Fellowship Program
The Mortgage Bankers Association launched a new fellowship program for students from underrepresented groups interested in learning more about internships, jobs and careers in the $4 trillion commercial real estate finance industry.
MBA Diversity, Equity & Inclusion Presents Voices: Courageous Conversations with Men of Color June 21
MBA Diversity, Equity & Inclusion Presents the next installment of its webinar series, Voices: Courageous Conversations with Men of Color, on Tuesday, June 21, from 3:00-4:15 p.m. ET.
Mark P. Dangelo: Paradigm Shift: Data is the Material Value—Systems are Just Enablers
Data has always been valuable, but it has taken on new imperatives as an implication of continuous digital transformation. While cloud computing passes $500 billion in 2022, it will pale in comparison to the rise of digital fabrics where applications and platforms are merely a means to innovation adaptability. Digital fabrics may signal the first stage of failure for FinTech silos.
Tony Thompson, CMB of NAMMBA: We’ll See You at Connect 2022
The biggest Strategic Networking + Exposition + Thought Leadership Convention in the real estate and mortgage industry is kicking off in Orlando, Fla., this September 15-17, and I couldn’t be more excited to share it with you.
MBA Weekly Survey June 8, 2022: Applications Fall Again
Mortgage applications decreased 6.5 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 3, 2022.
Industrial Real Estate Construction Reaches Record
Transwestern, Houston, said industrial real estate construction volume set a record in the first quarter as demand for the sector intensifies.