The retail sector’s solid performance in recent quarters has been a welcome surprise, said Moody’s Analytics, New York.
Category: News and Trends
Dealmaker: Gantry Secures $130M For Minneapolis/St. Paul Region Industrial Portfolio
Gantry, San Francisco, secured $130 million in permanent financing for a 22-building industrial portfolio in the greater Minneapolis/St. Paul, Minn., area.
Making Affordability A Priority: A Discussion with MBA’s Katelynn Harris Walker
MBA Newslink interviewed Katelynn Harris Walker, Associate Director of Affordable Housing Initiatives for the Mortgage Bankers Association, where she is dedicated full time to advocacy and engagement on affordability.
Industry Briefs Nov. 5, 2021: Pretium Acquires Anchor Loans
Pretium, New York, a specialized investment management firm with $30 billion in assets, acquired Anchor Loans LP, a provider of financing to residential real estate investors and entrepreneurs
MarCom Awards Recognize Innovative MBA DEI Series
MarCom Awards, Dallas, Texas, announced winners in its 2021 international creative competition for marketing and communication professionals. From more than 6,000 entries, MarCom gave the Mortgage Bankers Association a Gold Award for its innovative Voices: Courageous Conversations with Women of Color virtual series.
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“MBA has an opportunity to lead in several ways, leveraging the core strengths of our association and our members. The reality is there are no quick fixes and the challenges are beyond the capacities of any single organization. The key will be to identify strategic priorities and align our efforts with partners and other industry stakeholders. Together we can make a difference in ways that help renters and aspiring homebuyers.”
–Katelynn Harris Walker, MBA Associate Director of Affordable Housing Initiatives.
MBA: 3Q Commercial/Multifamily Borrowing Jumps Nearly 120% Year over Year
Commercial and multifamily mortgage loan originations increased by 119 percent in the third quarter from a year ago and increased by 19 percent from the second quarter, the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations reported.
Tom Lamalfa: October 2021 MBA Annual Convention & Expo Survey
In early October I surveyed 34 senior executives from 34 separate mortgage companies about an array of issues and topics both relevant and consequential to the mortgage banking industry. It was the 26th time since 2008 that this survey has been conducted and published by the MBA.
Timothy Raty of Mortgage Cadence: USDA and the GSEs’ New Uniform Security Instruments
While Rural Development’s requirements lack details specific to the content of the security instruments used, they do have plenty of other requirements regarding the servicing of a loan which may not be completely compatible with the covenants within the SIs. The following summarizes the types of conflicts, additional requirements and near conflicts that may exist
Jennifer Henry of Equifax: Accelerating Access to Credit for Marginalized Communities Can Provide Benefits on a National Scale
While there are more tools, technology advancements, access to data and specific programs tailored to minority consumers and marginalized groups than ever before, there are still additional steps the industry can take to truly make homeownership a reality for all.