MISMO®, the real estate finance industry standards organization, announced availability of the Commercial Financial Operational Statement Dataset Standard.
Category: News and Trends
Tony Thompson, CMB: CCL Coaching Program Launches at NAMMBA
The secret to success in the CRA/LMI marketplace isn’t a formula. It isn’t banging your head on the proverbial brick wall hoping for a breakthrough. And it isn’t trying the same old tactics in the hope that something sticks. It’s a combination of knowledge and becoming a part of the community you serve.
MAA Action Week May 9-13
The Mortgage Action Alliance’s Action Week is a national, industry-wide campaign dedicated to helping real estate finance professionals learn how to become more engaged in political advocacy that supports our industry.
Mark P. Dangelo: The Digital ‘Butterfly Effect’ — Defining the Consumer and Their Options
As economic and political impacts shift in 2022, underpinning it all is a silent reality crater exposing audit and systemic risks as digital transformations continuously evolve.
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“The strong momentum in commercial and multifamily borrowing and lending at the end of 2021 carried into the first quarter. The continued growth in lending activity is the result of the ongoing strong demand for certain property types like industrial and multifamily, as well as renewed interest in other property types that saw more dramatic declines during the early stages of the pandemic, such as hotel and retail.”
–Jamie Woodwell, MBA Vice President of Commercial Real Estate Research.
MBA Weekly Applications Survey May 11, 2022: Winning Streak at 2
Mortgage applications posted rare back-to-back weekly increases despite interest rates hitting a 13-year high, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 6.
Howard Lin of Cielway: How to Manage Mortgage Servicing Rights in This Fast Market
Mortgage servicing rights are a natural hedge to those who primarily focus on the origination side of the business. However, retaining servicing rights is not an easy business, not to mention properly valuing them, especially when the current volatile interest rate movement makes hedging a task only to the most sophisticated mind.
CBRE: 1Q CRE Lending Up 69% from Year Ago
CBRE, Dallas, said despite tightening lending conditions, commercial real estate lending increased in the first quarter.
Dealmaker: Fanitini & Gorga Arranges $7.4m for Burlington, Vt. Offices
Fantini & Gorga, Needham, Mass., arranged a $7.4 million to refinance Park Plaza, an office/retail complex in Burlington, Vt.
ATTOM: April Foreclosures Down 8% Monthly, Up from Year Ago
ATTOM, Irvine, Calif., reported properties with foreclosure filings in April fell by 8 percent from March but jumped by 160 percent from a year ago. Completed foreclosures, meanwhile, fell by 36 percent from March.