STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa., upgraded their 2021 U.S. hotel sector forecast after seeing stronger than expected demand during the first quarter.
Category: News and Trends
MBA Letter Offers Recommendations on 2 House Bills
The Mortgage Bankers Association, in a May 12 letter to House Financial Services Committee leadership, expressed concerns with two bills currently under the Committee’s consideration and offered recommendations to improve those bills.
Dealmaker: Newmark Completes $55M Sale of Andover Medical Center
Newmark, New York, closed the $55.2 million sale of Andover Medical Center, a medical office complex in Andover, Mass.
People in the News May 13, 2021
The Mortgage Bankers Association presented its annual Burton C. Wood Legislative Service Award to John Fleming, Counsel of the Law Offices of John Fleming, and General Counsel of the Texas Mortgage Bankers Association.
Going, Going, Gone: Discussing Note Sales and CRE Transaction Trends With Justin Latorre From LightBox
MBA NewsLink interviewed Justin Latorre, Managing Director of Auction Services at LightBox, about trends he sees at a leading auction platform for commercial real estate assets.
MBA Weekly Applications Survey May 12, 2021: Back on Track
Mortgage applications rose for the first time in three weeks from one week earlier as interest rates dropped to three-month lows, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 7.
Quote
“The next stage of the U.S. travel recovery has commenced. An effective vaccine rollout and generous fiscal stimulus will drive the fastest single-year economic expansion in nearly 40 years. Leisure travel demand is gathering strength with substantial recovery in sight for many markets.”
–Adam Sacks, President of Tourism Economics, Wayne, Pa.
Sponsored Content from WFG: Responsive Solutions
To determine what products, programs and services are needed to address their most urgent pain points, WFG asked its customers and colleagues.
MBA CONVERGENCE Partner Profile: Ralph Perrey, Tennessee Housing Development Agency
(One in a recurring series about MBA CONVERGENCE, the Mortgage Bankers Association’s affordable housing initiative.)
Dave Parker: CFPB’s New Attitude Toward HMDA Fuels Need for Better Tools
As it typically happens with a new presidential administration, there’s a new attitude in Washington toward the housing market. And one of the most significant changes has been the CFPB’s recent decision to roll back flexibility when reporting Home Mortgage Disclosure Act data. But are lenders ready?