After a virtual conference in 2021, join more than 2,400 of your commercial real estate colleagues in person next week for the MBA Commercial/Multifamily Finance Convention & Expo.
Category: News and Trends
MBA Weekly Applications Survey Feb. 9, 2022: Rising Rates Put Damper on Refis
Mortgage interest rates continued to rise last week, snagging momentum for homeowners eager to refinance before rates go up further, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending February 4.
Regrets? Recent Home Buyers Have Had a Few
In this hyper-competitive housing environment, most home buyers who even consider themselves lucky enough to have found a home have some regrets about their purchase—and the process, said Zillow, Seattle.
Inflation Takes Toll on Small Business Optimism
The National Federation of Independent Businesses Small Business Optimism Index decreased in January amid rising concerns over inflation’s impact.
Fitch: Non-Bank Mortgage Servicers Face Increasing Regulatory Scrutiny
Fitch Ratings, New York, said regulatory scrutiny of servicing practices at U.S. mortgage companies is expected to increase in 2022 as pandemic-related government forbearance programs expire and borrowers transition into other permanent loss mitigation alternatives or default.
Dealmaker: Newmark Completes $233M Philadelphia Multifamily Sale
Newmark, New York, completed the $233 million sale of 1500 Locust, a 45-story mixed-use multifamily building in Center City Philadelphia.
Office Occupancy, Rent Growth Move into Positive Territory
The office market may be turning a corner following five consecutive quarters of negative net absorption, reported Transwestern, Houston.
Apply for MBA Path to Diversity Scholarship Program
Recipients receive a voucher to cover course registration fees, up to a maximum of $2,000, for popular MBA Education courses and designation programs. This education opportunity enables employees from diverse backgrounds to advance their professional growth and career development.
Sign the MBA Home for All Pledge
The Home for All Pledge represents our industry’s long-term commitment on a sustained and holistic approach to address racial inequities in housing.
People in the News Feb. 9, 2022: Button Finance Names Amanda Niswonger Sr. Acct. Manager; Mortgage Tech Guru Roger Gudobba Passes Away
Button Finance Inc., New York, appointed Amanda Niswonger as Senior Account Manager, focusing on developing and nurturing institutional mortgage broker relationships.