HUD this week released its latest research on innovative strategies being pursued by state and local governments to remove regulatory barriers to affordable housing and increase housing supply, while cautioning that without “significant” news housing, cost burdens are likely to increase.
Category: News and Trends
Dealmaker: Meridian Capital Group Arranges $55M for New York Mixed-Use Property
Meridian Capital Group, New York, arranged $55 million to refinance The Urban, a Class A mixed-use property in Flushing, Queens, N.Y.
Industry Briefs Sept. 10, 2021: Accurate Group Gets Novacap Investment
Accurate Group, Cleveland, Ohio, a provider of technology-driven real estate appraisal, title data, analytics, and e-closing platforms, entered into a partnership with Novacap, Montreal, a Canadian private equity firm.
August Mortgage Credit Availability Up Nearly 4%
Mortgage credit availability increased by 3.9 percent in August, the Mortgage Bankers Association reported Thursday morning in its Mortgage Credit Availability Index.
MBA, Trade Groups, MAA Urge Congress to Support Section 1031 Like-Kind Exchanges, Industry Tax Priorities
Ahead of committee action in Congress this week on major infrastructure and economic legislation, the Mortgage Bankers Association and more than three dozen industry trade groups, as well as MBA’s grassroots advocacy arm, the Mortgage Action Alliance, urged senators and representatives to support and defend the real estate finance industry’s tax priorities.
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“The continued strength of demand for housing and favorable home-selling conditions may be offsetting broader concerns about the Delta variant and inflation that have negatively impacted other consumer confidence indices.”
–Mark Palim, Fannie Mae Vice President and Deputy Chief Economist.
MBA Education Graduates First Level III Certified Mortgage Compliance Professional
MBA Education’s popular Certified Mortgage Compliance Professional certification and designation program recently awarded the CMCP designation to the first mortgage professional to complete all three levels of the program.
MISMO Announces New PLS Dataset And Seeks Public Comment
MISMO®, the real estate finance industry standards organization, seeks public comment on its new standardized dataset, which facilitates the electronic exchange of mortgage asset data to credit rating agencies.
MBA Path to Diversity Scholarship Program Partner: USMI
The Mortgage Bankers Association’s Path to Diversity Scholarship Program recently gained an important partner in U.S. Mortgage Insurers, Washington, D.C. MBA NewsLink spoke with Lindsey Johnson, President of USMI, on how the company became involved with the Path to Diversity Scholarship Program.
Call for Speakers: MBA Servicing Solutions Conference & Expo 2022—Deadline Sept. 13
Speaking proposals are now being accepted for the Mortgage Bankers Association’s Servicing Solutions Conference & Expo 2022, taking place February 22-25 in Orlando, Fla.