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“Commercial and multifamily mortgage delinquency rates that were elevated by the onset of the COVID-19 pandemic continued to come down during the first quarter. Given the strength in market fundamentals and valuations for most property types, delinquency rates are at the lower end of their historical range for most major capital sources.”
–Jamie Woodwell, MBA Vice President of Commercial Real Estate Research.

MBA Home For All Pledge Partner: CoreLogic

(One in a series of profiles of MBA member companies that have signed the MBA Home For All Pledge, an initiative to promote inclusion in housing.)

MBA, Winnow Solutions LLC Partner to Help Members with Compliance Research, Costs

The Mortgage Bankers Association and Winnos 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.

MBA Home For All Pledge Partner: CoreLogic

(One in a series of profiles of MBA member companies that have signed the MBA Home For All Pledge, an initiative to promote inclusion in housing.)

Pending Home Sales Fall 6th Straight Month

Pending home sales fell by nearly 4 percent in April—the sixth consecutive monthly drop—the National Association of Realtors reported Thursday.

Mixed Bag as 1Q GDP Revises to -1.5%

Real gross domestic product decreased at an annual rate of 1.5 percent in the first quarter, according to the “second” (revised) estimate Thursday by the Bureau of Economic Analysis.

Initial Claims Drop by 8,000

Initial claims for unemployment insurance fell for the first time in three weeks, the Labor Department reported Thursday.