Rabbet, Austin, Texas, a service provider to lenders and developers engaged in construction recently released its 2021 State of Construction Finance report. MBA Newslink interviewed Rabbet CEO Will Mitchell to get a sense of what’s happening in the world of construction.
Category: News and Trends
People in the News Sept. 20, 2021
The Mortgage Bankers Association appointed Amber Lawrence as Associate Vice President of Diversity, Equity and Inclusion, responsible for advancing DEI programs for the association and overall real estate finance industry.
Andrew Peters and Sonny Abbasi of Lenderworks: Growing Your Business and Staying Compliant in a Changing Landscape
The likelihood of more aggressive federal enforcement is of special concern to smaller, growing mortgage lenders.
Chris Joles of Planet Home Lending: Returning to Work: How Technology Can Help Employees get Back to the Workplace
Regardless of whether work from anywhere (WFX) stays in place or not, there are risks and concerns companies must evaluate. Some of the most important factors to evaluate are IT security, employee productivity, business continuity, operational flexibility and regulatory response.
Joe Puthur of Mortgage Coach: Fair Lending Compliance is a Competitive Advantage
Strengthening mortgage accessibility industry-wide is not a burden, but an opportunity that should be embraced. Every qualified loan is good business and new affordability goals and programs instantly broaden the marketplace of eligible buyers.
Dealmaker: JLL Facilitates $245M Healthcare Portfolio Recapitalization
JLL Capital Markets, Chicago, facilitated the $245 million recapitalization and financing of a 31-property medical office building portfolio totaling 545,813 square feet.
MBA CONVERGENCE Environmental Scan Examines Affordable Rental Housing Challenges, Opportunities
MBA CONVERGENCE, the national strategy by the Mortgage Bankers Association to bring together lenders, community leaders and public officials for new solutions to America’s affordable housing challenges, this week released an Environmental Scan examining affordability challenges in rental housing markets.
Life Insurance Commercial Mortgage Returns Bounce Back
Trepp LLC, New York, said commercial mortgage investments held by life insurance companies bounced back in the second quarter after turning negative in early 2021.
Initial Claims See Unusual Post-Pandemic Increase
Initial claims for unemployment insurance, which for the most part have declined steadily since the U.S. economy stabilized late last year, posted an unusual 20,000 increase last week, the Labor Department reported Thursday.
Redfin: Home Sales Post First Annual Decline in 15 Months
Redfin, Seattle, reported home sales fell on a monthly and annual basis in August for the first time since May 2020, although home prices continued to rise at a double-digit annual pace.