“We congratulate him on his confirmation, and our members stand ready to work with him and his staff on commonsense policies that grow the economy and strengthen our nation’s single-family and commercial and multifamily real estate markets.”
–MBA’s President and CEO Bob Broeksmit, CMB, on Scott Bessent’s confirmation to serve as the next Secretary of the Treasury
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on Scott Bessent’s confirmation to serve as the next Secretary of the Treasury.
Industry news from Auction.com, Arrival Home, FormFree and Maxwell.
ATTOM, Irvine, Calif., released its Year-End 2024 U.S. Home Sales Report, finding that the home sellers made an average 53.8% return on investment, or $122,500, last year.
CBRE, Dallas, said investors are gearing up to inject more capital into the U.S. commercial real estate market this year, driven by favorable pricing and despite the challenges posed by interest rate fluctuations.
MBA and its member companies continue to make significant strides in furthering diversity, equity and inclusion within the real estate finance industry. It is our collective mission to ensure that our industry’s workforce reflects the communities we serve.
In light of President Trump’s “Regulatory Freeze Pending Review” executive order issued last week, the Mortgage Bankers Association asked the CFPB to postpone for 60 days the effective compliance dates for entities subject to its Nonbank Registration Regulation issued on June 3, 2024.
Redfin, Seattle, found that renters need to earn $63,680 to afford the $1,592 median asking rent for a U.S. apartment, the lowest amount needed since March 2022.
This week’s top legislative and policy news from the Mortgage Bankers Association.
According to the latest results from MBA’s Monthly Loan Monitoring Survey, approximately 235,000 homeowners are in forbearance plans as of December 31, 2024.
