Quote of the Day

“Mortgage and real estate lenders are increasingly tackling cybersecurity threats and are now focusing on managing third- and fourth-party relationships involving large or frequent transactions of sensitive data or funds.”
-FundingShield CEO Ike Suri

MBA Chart of the Week: Private Job Openings, Hires and Quits

As we highlighted in a previous Chart of the Week, the share of workers who were unemployed for longer spells has increased, implying that even though the job market is generally strong, it has been harder for those workers who have lost jobs to regain employment.

KBRA: CMBS Ends 2024 on High Note

KBRA, New York, reported commercial mortgage-backed securities ended the year on a high note, as issuance exceeded $100 billion in 2024—a level experienced only once since the global financial crisis.