Joe Zeibert is Managing Director of Global Lending Solutions with Nomis Solutions, Brisbane, Calif. He works closely with clients around the world to identify new mortgage and other consumer lending opportunities.
Category: News and Trends
MBA Advocacy Update May 24 2021
Last week, MBA submitted comments supporting the CFPB’s proposed rule to delay the implementation of the Fair Debt Collection Practices Act final rules from November 30, 2021, to January 29, 2022. On Thursday, the Senate Banking Committee held a hearing on housing and infrastructure. And Wednesday, the House Ways and Means Committee held a hearing on tax code options for infrastructure investment.
ULI: CRE ‘Poised for a Rebound’
A panel of 42 real estate economists said commercial real estate is “poised for a rebound,” the Urban Land Institute reported.
MBA Chart of the Week May 24 2021: Retail Production Channel Loan Officer Turnover
This week’s chart shows the historical retail Loan Officer turnover rates (%) for depository banks and independent mortgage companies, based on data collected through the MBA and STRATMOR Peer Group Roundtable Program, now in its 23rd year of production.
April Existing Home Sales Fall 2.7%
Existing home sales in fell for the third straight month in April, hamstrung by tight inventories and rising home prices, the National Association of Realtors reported Friday.
Dealmaker: NorthMarq Arranges $54M for Multifamily, Retail
NorthMarq, Minneapolis, arranged $54 million for multifamily and retail assets in Washington and Kentucky.
People in the News May 24, 2021
Notarize, Boston, announced Roger W. Ferguson Jr., joined its board of directors. His career spans more than four decades, including 13 years as CEO of TIAA.
Sponsored Content from ServiceLink: Selecting an AMC Committed to Compliance —Why and How
The largest risk in the real estate lending industry is the collateral securing the loan. Having thorough appraisal and evaluation programs in place is the best insurance to mitigate that risk. ServiceLink’s Laura Raposo explains how lenders can identify and select an AMC with an affirmed commitment to compliance, and the financial strength and stability to adhere to that commitment.
Peter Muoio of SitusAMC Insights: Migration Out of Big Cities Opportunity for Some Who Previously Couldn’t Afford It
Peter Muoio is head of SitusAMC’s Insights division, a provider of technology and services to the real estate finance industry. He has more than 30 years of research and analytics experience in the commercial real estate industry.
The Week Ahead—May 24, 2021
Good Monday! We have another busy week of housing and economic reports as we approach the Memorial Day weekend.