Initial claims for unemployment insurance fell by more than 51,000 last week, reaching another post-pandemic low, the Labor Department said Thursday.
Category: News and Trends
CFPB Report Finds ‘Wide-Ranging Violations of Law’ in 2020
The Consumer Financial Protection Bureau this week issued a report highlighting legal violations identified by the Bureau’s examinations in 2020.
MBA Letter Urges Senate Support of Julia Gordon Nomination as FHA Commissioner
The Mortgage Bankers Association urged the Senate Banking Committee to quickly approve Julia Gordon’s nomination as FHA Commissioner and forward her nomination for a full Senate vote.
MBA’s Teressa Lurk Earns HousingWire 2021 Marketing Leader Award
The Mortgage Bankers Association announced Teressa Lurk, Vice President of Marketing and Design, was recognized by HousingWire as a recipient of the publication’s inaugural 2021 Marketing Leader award, which recognizes creative and influential marketing minds in the housing industry.
As Consumer Spending Increases, Investor Renew Interest in Retail
Consumer spending on retail is on the rebound, eclipsing pre-COVID levels—and investors are taking notice.
Dealmaker: Grandbridge Funds $58M for Multifamily/Seniors Housing
Grandbridge Real Estate Capital closed $58 million to refinance a New York seniors housing community and an Ohio multifamily property.
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“Teressa is the leading creative mind of MBA’s brand strategy and is a valued member of our leadership team. Through strategic planning and teamwork across the association, Teressa continues to lead successful marketing campaigns that drive membership growth and generate awareness and participation at conferences and our many products and services.”
–MBA President and CEO Bob Broeksmit, CMB, on MBA’s Teressa Lurk being named a HousingWire 2021 Marketing Leader.
MBA Releases Q1 Commercial/Multifamily DataBook
On Wednesday, the Mortgage Bankers Association released its first quarter Commercial/Multifamily DataBook.
Mark P. Dangelo: aaS, the Building Blocks for an Uncertain Future, Part 3
Future market offerings and IT system delivery are being altered by the exponential expansion of granular, stackable aaS solutions. For industry leaders unaccustomed to using cross-industry building blocks and iterations of offerings, they will find declining profitability against rising industry disintermediation against their core products and services.
Grant Carlson: The June 29 Supreme Court Ruling on CDC Residential Eviction Moratorium
On Tuesday the U.S. Supreme Court in, a 5-4 ruling, declined to lift the national Center for Disease Control and Prevention’s residential eviction moratorium. The ruling responds to a request to lift the D.C. Federal District Court’s stay, which has effectively paused its order invalidating the CDC moratorium. Presumably, the CDC eviction moratorium will expire on July 31.