The Biden Administration on Monday submitted a record $5.8 trillion budge proposal for fiscal year 2023 to Congress, including a nearly $12 billion increase for HUD over fiscal 2022.
Category: News and Trends
Commercial Real Estate Sees Double-Digit February Price Growth
Commercial property price growth continued in February as all four major property types posted double-digit annual price growth, reported Real Capital Analytics, New York.
People in the News Mar. 29, 2022: Ascendant National Title Names Theresa Root SVP of National Operations
Ascendant National Title, Denver, hired Theresa Root as Senior Vice President of National Operations, responsible for managing operations, process and workflow for the company’s title and closing operations.
MISMO Issues iLAD 2.1.0 for Public Comment
MISMO®, the real estate finance industry standards organization, released its updated Industry Loan Application Dataset (iLAD) for a 30-day public comment period.
Condo Prices Offer Homebuyers Little Solace
Record-high prices and scant inventories are driving many homebuyers to the condominium market—but they’re not finding opportunities there, either.
Dealmaker: Peachtree Acquires Seven-Hotel Portfolio for $135M
Peachtree Hotel Group, Atlanta, acquired seven hotels in five states for $135 million.
Michael Rappaport of Homespire Mortgage: Prevailing Winds–3 Predictions for the Year Ahead
Based on current data and trends, here are three predictions for the industry’s landscape as we move further into 2022.
Sens. Sherrod Brown, John Thune, Rep. Tom Emmer Keynote MBA National Advocacy Conference in Washington Apr. 26-27
The Mortgage Bankers Association’s annual National Advocacy Conference takes place Apr. 26-27 at the Renaissance Downtown Hotel in Washington, D.C.
Quote
“This Budget will help us meet our mission to provide security and stability for those who live on the outskirts of hope, advance opportunity and equity on behalf of marginalized communities and meet the existential threats posed by natural disasters and climate change.”
–HUD Secretary Marcia Fudge.
Building Your Personal Brand to Promote Me, Myself and I: An mPact Webinar March 30
Join Nimi Pasricha, Associate Director of Learning and Development with SS&C, and other mPact members to learn more about creating, building and promoting a personal brand. Learn how to take your unique combination of skills, experience and personality to create a personal brand that sets you up for success.
