Cheryl Muhammad is owner and CEO of Assured Real Estate Services, Memphis, Tenn., which she founded in 2005. She is responsible for the company’s day-to-day operations. She has been an award-winning full-time real estate agent since 1999. She serves as Co-Chair of the CONVERGENCE Memphis Information and Trust Gap Workstream.
Category: News and Trends

MBA Advocacy Update June 14, 2021
Last week on Capitol Hill, the House Transportation & Infrastructure Committee held a markup on the INVEST in America Act, and HUD Secretary Marcia Fudge appeared before the Senate T-HUD Appropriations subcommittee to discuss the FY 2022 budget. On Monday, Freddie Mac issued a bulletin providing further details regarding its implementation of recently-adopted limits on deliveries of loans secured by second homes and investor properties.

Dealmaker: JLL Secures $36M For Industrial, Retail
JLL Capital Markets, Chicago, arranged $36.2 million in acquisition and refinancing for industrial and retail assets in Pennsylvania, New Jersey and Florida.

Fewer Firms Plan to Shrink Office Portfolios
U.S. companies have scaled back their plans to make big cuts to their office portfolios and many now expect their offices to support “collaborative” work in person rather than remotely, said CBRE, Dallas.

MBA Chart of the Week June 14, 2021: Key Tax Proposals for Commercial Real Estate Finance
The Biden Administration’s proposed Fiscal Year 2022 Budget put down in black and white – and dollars and cents – many suggestions that have been made in more general terms in the Administration’s American Jobs and Family Plan, during the most recent presidential campaigns and in some cases going back decades.

MBA, Real Estate Industry Commend Administration for Recovery Efforts; Call for End to Nationwide Eviction Moratorium
The Mortgage Bankers Association and a broad real estate coalition on Friday commended measures President Biden has taken to stabilize the housing sector and urged the administration to sunset the federal moratorium on evictions on June 30.

Shawn Ansley of VICE Capital Markets: The Need for Strong Data/System Integrations in Hedging
While “The Law of Averages” may apply to a wide variety of activities, hedging isn’t one of them. For a mortgage lender to extract the most value out of their hedging strategy, that strategy must be specific to their organization and its unique make-up.

The Week Ahead—June 15, 2021
Good morning! While Congress continues to work out a compromise on infrastructure legislation, eyes shift to Foggy Bottom, where the Federal Open Market Committee meets this week to figure out if inflation has become a problem.

Sponsored Content from InRule: Transform Mortgage Lending and Real Estate with Machine Learning
Discover five common scenarios in mortgage lending to help your enterprise get started with machine learning.

People in the News June 14, 2021
Maxwell, Denver, hired Sadie Gurley as Vice President, responsible for helping the company find new opportunities and expand its impact on community lenders across the country.