Digitalization, demographics and deglobalization will drive the industrial market growth in the near future, said Newmark, New York.
Category: News and Trends
FHFA Suspends Foreclosure for Borrowers Applying for Relief through Homeowner Assistance Fund
The Federal Housing Finance Agency on Wednesday said Fannie Mae and Freddie Mac will require servicers to suspend foreclosure activities for up to 60 days if the servicer has been notified that a borrower has applied for assistance under the Department of the Treasury’s Homeowner Assistance Fund.
Dealmaker: Berkadia Secures $132M for Multifamily
Berkadia, New York, secured $131.7 million for multifamily properties in Nebraska and Colorado.
TransUnion: More than 45 Million Americans Credit Unserved or Underserved
More than 45 million consumers are considered to be either credit unserved or underserved in the United States, according to a new global TransUnion stud
Home Affordability Gets Tougher as Prices, Rates Surge
ATTOM, Irvine, Calif., said median-priced single-family homes were less affordable in the first quarter compared to historical averages in 79 percent of counties across the nation.
CONVERGENCE Memphis Launches New Nonprofit Organization
The Mortgage Bankers Association announced CONVERGENCE Memphis launched CONVERGENCE Memphis Inc., a 501(c)(3) organization created to strengthen ties within the local Memphis community and advance its mission of promoting affordable housing and increasing Black homeownership.
MBA State & Local Workshop in Washington Apr. 25-26
The Mortgage Bankers Association’s State and Local Workshop 2022 takes place Apr. 25-26 at the Renaissance Downtown Hotel in Washington, D.C., just ahead of the MBA National Advocacy Conference.
Michael McFadden of OptiFunder: CFOs Embrace Tech for Strategic Advantages to their Organizations
CFOs across industries are embracing technology to gain control, reduce costs and streamline operations, structuring for success amid a turbulent environment. In fact, CFO-focused technology is some of the most exciting and disruptive tech in our industry.
Industry Briefs Apr. 7, 2022: SitusAMC Launches Warehouse Administration Services
SitusAMC, New York, launched its Warehouse Administration Services, a suite of technology-enabled turnkey services to help warehouse lenders setup, execute, enhance and scale their warehouse businesses while improving efficiency and reducing costs.
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“Overall credit availability was down slightly in March, driven by a reduction in higher LTV and lower credit score programs. Credit availability has gradually trended higher since mid-2021 but remains around 30 percent tighter than it was in early 2020.”
–Joel Kan, MBA Associate Vice President of Economic and Industry Forecasting.