It’s not often the mortgage industry plays coy when it comes to certain topics, but currently, there are rumblings about the T-word – tapering. There’s a couple of misconceptions about tapering and what that might mean, especially for mortgages and mortgage-backed securities. Let’s clear those up.
Category: News and Trends
Wuthering Heights: Rent Control Proposals Make the Rounds
Many would agree that commercial real estate has not had a classic economic downturn since the Great Recession. That is important to consider in business planning generally, and specifically as apartment rents increase across the country.
MBA Premier Member Profile: FormFree
FormFree® is a fintech company whose revolutionary products AccountChek® and Passport™ are building a more inclusive credit decisioning landscape by encouraging lenders to view borrower ability to pay (ATP) more holistically.
Ask an Analyst: Talking About ESG & CRE Implications With Paul Fiorilla
Paul Fiorilla is Director of Research at Yardi Matrix. His research covers all facets of commercial real estate and he recently published a report highlighting different environmental risk levels across metro areas in the U.S. MBA Newslink interviewed him about the implications of recent environmental, social and governance trends.
MBA Expresses Support for Bill that Would Curb IRS/Treasury Account Queries
The Mortgage Bankers Association sent a letter of support this week to Sen. Tim Scott, R-S.C., who introduced a bill that would prevent the Internal Revenue Service and the Treasury Department from imposing unusual reporting requirements on financial services providers to track and submit customer account information.
eCommerce Drives Record 2021 Industrial Sales
Robust e-commerce growth is fueling an unprecedented race for space in the industrial sector and pushing investment sales activity to record levels, said LightBox and SIOR.
CoreLogic: 37.2% National Year-Over-Year Increase in Mortgage Fraud Risk
CoreLogic, Irvine, Calif., said its quarterly Mortgage Fraud Report showed a 37.2% year-over-year increase in fraud risk at the end of the second quarter.
4th Quarter ‘Zombie’ Foreclosures Decline, But Possible Increase Looms
ATTOM, Irvine, Calif., released its fourth-quarter Vacant Property and Zombie Foreclosure Report, showing 1.3 million residential properties in the United States sit vacant, representing 1.3 percent, or one in 75 homes, in the U.S.
STRATMOR Group Finds Disconnect Between Tech Spending, Lender Productivity
Mortgage advisory firm STRATMOR Group, Greenwood Village, Colo., thinks it knows why lenders have found it difficult to achieve suitable returns on their technology investments.
Dealmaker: NorthMarq Secures $60M
NorthMarq, Minneapolis, secured $60 million for industrial, multifamily and retail properties in three states.