“The necessity to create a viable, consistent and nationwide strategy for promoting the development and financing of more housing units for middle-income families is increasing every day.”
–Daron Tubian, Head of Affordable Housing Investments at Barings and 2024 Chair of MBA’s Affordable Rental Housing Advisory Council
MISMO, the real estate finance industry’s standards organization, announced a new standard that works to restore trust in security instrument data and reduces the financial burden of onerous verification requirements.
Complex black-box designs include hidden risks and opportunities—all starting with the inclusion of enterprise and application data. What’s your plan, Mark Dangelo asks.
Industry personnel news from Sagent, ServiceLink and Click n’ Close.
Lenders face new QC risks as traditional defect categories decline and fraud, insurance, and compliance exposures rapidly increase.
The U.S. housing market remains shrouded in uncertainty, with little indication that record-high levels of unaffordability will ease anytime soon, a new report from the Harvard Joint Center for Housing Studies finds.
As a member service, MBA links to new white papers from our member firms.
Homebuyer affordability declined further in May, with the national median payment applied for by purchase applicants increasing to $2,211.
“Homebuyer affordability declined in May as mortgage rates near 7% continued to put upward pressure on prospective homebuyers’ budgets.”
–MBA’s Edward Seiler
“MBA has long advocated for sensible changes that can make HUD’s multifamily lending programs more effective, with a goal of lowering rental housing costs by boosting supply.”
–MBA President and CEO Bob Broeksmit, CMB
