Real estate has not always been seen as the most technology-focused industry, but that is changing fast, the Urban Land Institute and law firm Goodwin said.
Category: News and Trends
MBA Chart of the Week Aug. 9, 2021: Share of Monthly Forbearance Exits by Reason
According to MBA’s Weekly Forbearance and Call Volume Survey, the share of loans in forbearance dropped to 3.47 percent of servicers’ portfolio volume as of July 25, 2021, from a peak of 8.55 percent as of June 7, 2020. While the number of borrowers exiting forbearance has fluctuated from one month to the next, with the largest number of reported exits in July and October of last year, the post-forbearance outcomes for borrowers have differed.
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“MBA will continue to oppose any attempts at legislative or regulatory change pertaining to the FCA that reduces access to credit and leads to higher costs of FHA financing for first-time, low- to moderate-income and minority homebuyers.”
–Bill Killmer, MBA Senior Vice President for Legislative and Political Affairs.
Fitch Ratings: Environmental Factors Can Affect CMBS Large Loan Ratings
Fitch Ratings, New York, said a property’s environmental impact and sustainability may influence commercial mortgage-backed securities bond ratings in single-asset single-borrower and large-loan transactions.
MBA RIHA: Fewer Households Missed Housing Payments in Second Quarter
Slightly under five million households did not make their rent or mortgage payments in the second quarter, updated research from the Mortgage Bankers Association’s Research Institute for Housing America reported.
Yardi Matrix: Institutions ‘Flocking’ to Build Single-Family Rentals
As the single-family rental market evolves, institutional players are jumping in with more than $10 billion allocated to the sector by institutions over the last few years, reported Yardi Matrix, Santa Barbara, Calif.
Proptech Changes Real Estate Industry
Real estate has not always been seen as the most technology-focused industry, but that is changing fast, the Urban Land Institute and law firm Goodwin said.
CoreLogic: Mortgage Fraud Increases After Brief Dip
CoreLogic, Irvine, Calif., reported mortgage fraud is increasing again after a brief dip last year.
Hiring Heats Up in July
The labor market surged again in July with 943,000 new jobs created, the Bureau of Labor Statistics reported Friday.
The Week Ahead Aug. 9, 2021
Good morning! Welcome to the Dog Days of summer.