The Mortgage Bankers Association announced Stephanie Tatum Milner as Associate Vice President of Multifamily.
Category: News and Trends
Orest Tomaselli of CondoTek on Condo/Co-op Compliance
Orest Tomaselli is President of the Condominium and Cooperative Review Division of CondoTek, Philadelphia, and owner of Strategic Inspections, a national reserve study provider.
Industry Briefs Feb. 7, 2022: RMBS Non-Prime Mods Surge as Forbearances Expire
Fitch Ratings, New York, said non-prime loan modifications surged as forbearance plans expire across the sector.
Chris Joles of Planet Home Lending: ESG– Pay Attention, NOW
Conversations about ESG (environmental social governance) and sustainability standards have rippled from investment fund and public company arenas to mortgage banking regulators, investors and consumers. That expansion makes it critical for private companies, especially those in financial services, to consider implementing ESG now rather than later.
Analysts Upgrade U.S. Hotel Forecast
Underpinned by continued average daily rate improvement, analysts from STR and Tourism Economics slightly upgraded their U.S. hotel sector forecast.
Dealmaker: Marcus & Millichap Closes $111M in Multifamily Deals
Marcus & Millichap, Calabasas, Calif., closed $100.5 million in multifamily property sales in California, Virginia and North Carolina.
MBA State & Local Workshop in Washington Apr. 25-26
The Mortgage Bankers Association’s State and Local Workshop 2022 takes place Apr. 25-26 at the Renaissance Downtown Hotel in Washington, D.C., just ahead of the MBA National Advocacy Conference.
Industry Briefs Feb. 4, 2022: RMBS Non-Prime Mods Surge as Forbearances Expire
Fitch Ratings, New York, said non-prime loan modifications surged as forbearance plans expire across the sector.
Homeownership Rate Holds Steady; Vacancy Rates Hit 38-Year Low
The nation’s homeownership rate held relatively steady at 65.5 percent in the fourth quarter, the Census Bureau reported this week. But analysts said the rate could be somewhat higher, given the current shortage of homes available for sale.
Initial Claims Down 23,000
Ahead of this morning’s employment numbers, the Labor Department reported initial claims for unemployment insurance fell by 23,000 last week.