Sales of new single-family homes were at a seasonally adjusted annual rate of 676,000, according to estimates released jointly March 25 by the U.S. Census Bureau and the Department of Housing and Urban Development.
Category: News and Trends
Dealmaker: M&T RCC Closes $65.8M Loan in New Jersey
M&T Realty Capital Corp., Baltimore, announced it closed a $65,750,000 Fannie Mae Loan for a multifamily property in Union, N.J.
Disaster Recovery: A Resource for Homeowners from MBA
MBA’s Disaster Recovery: A Resource for Homeowners is a resource paper for homeowners that outlines what to do before and after the disaster, along with how to start and work through the recovery process.
MBA Releases 2024 Rankings of Commercial/Multifamily Mortgage Firms’ Origination Volumes
The Mortgage Bankers Association released a set of commercial/multifamily real estate finance league tables, listing the top commercial/multifamily mortgage originators in 2024.
Gen Z, Millennial Homeownership Rates Flat in 2024, Redfin Finds
Redfin, Seattle, found that homeownership rates for Gen Z and millennials were stagnant in 2024.
About the Accredited Mortgage Professional (AMP) Designation
When you graduate from MBA Education’s School of Mortgage Banking (SOMB), you become an Accredited Mortgage Professional (AMP). This designation recognizes the achievements of individuals in the single-family real estate finance industry for their pursuit of educational excellence, high ethical standards, and commitment to professionalism.
March 26: Artificial Intelligence–A MISMO Primer for the Mortgage Industry
Join MISMO’s Artificial Intelligence Community of Practice (COP) to learn more about artificial intelligence and help shape mortgage standards related to artificial intelligence (AI).
High Performance Negotiations Workshop: March 25
Following up on the Dec. 17, 2024 webinar with Steve Wiley and The Lincoln Leadership Institute, MBA is pleased to offer a deeper dive into this critical topic.
Harvard JCHS: Remodeling Soars to New Heights
The U.S. remodeling market soared above $600 billion after the pandemic and remains 50% above pre-pandemic levels despite recent softening, the Harvard Joint Center for Housing Studies reported.
U.S. News and World Report: Homebuyers Still Waiting for Lower Rates
U.S. News and World Report, Washington, D.C., released its third annual Homebuyer Sentiment Survey, finding that 80% of potential homebuyers report waiting for mortgage rates to drop before buying a home this year.