On Friday, the Biden administration released the top-line framework for the President’s Fiscal Year 2022 budget proposal. On Monday, MBA sent a letter to the CFPB in response to its proposal to delay the mandatory compliance date for the new General QM rule. And this week, MBA President and CEO Bob Broeksmit, CMB, penned an op-ed highlighting the industry’s efforts during the COVID-19 pandemic.
Category: News and Trends
Hotel Sector Showing Signs of Life
The hotel sector is coming back–slowly–from its pandemic-related downturn, analysts said.
Dealmaker: Dwight Capital Finances $189M for Multifamily
Dwight Capital, New York, closed $189.4 million in financings for three multifamily properties.
MBA Chart of the Week Apr. 12 2021: Monthly Payroll Growth/Unemployment Rate
This week’s chart summarizes the recent strength of the job market. According to the Bureau of Labor Statistics, job growth accelerated sharply in March, as the economy gained 916,000 jobs over the month, the largest monthly gain since August 2020.
The Week Ahead—Apr. 12, 2021
MBA this week releases its weekly Forbearance & Call Volume Survey this afternoon at 4:00 p.m. ET; its Weekly Applications Survey on Wednesday, Apr. 14 (7:00 a.m. ET); and its monthly Builder Applications Survey on Thursday, Apr. 15.
Sponsored Content from SWBC: COVID-19 Disruptions Drive Tech-Focused Lender-Placed Insurance Programs
In this article, we’ll discuss how electronic data interchange (EDI) and robotic processing automation (RPA) technology are helping mortgage servicers improve the efficiency of their LPI process.
Quote
“The worst of the top-line declines are now behind us. We are beginning to see green shoots of a recovery in air travel data, booking patterns and revenue per available room.”
–Rachael Rothman, Head of Hotels Research & Data Analytics with CBRE, Dallas.
Micro Trends: Conversation with JLL on Growth in Life Sciences Real Estate
Interest in life sciences real estate has jumped during the current public health crisis. MBA NewsLink interviewed JLL Executive Director of U.S. Life Sciences Markets Travis McCready, Managing Director Zach Bowyer and Senior Vice President Erik Hill about the sector.
Jim Cameron of STRATMOR Group: Disruptions to Productivity and Staffing to Impact ‘New Normal’
Jim Cameron is a senior partner with STRATMOR Group, a mortgage advisory firm, where he specializes in benchmarking and performance measurement, strategic planning and managing STRATMOR’s workshop program. He has 30 years of leadership experience in the mortgage industry and was instrumental in working with the MBA to develop the industry-standard benchmarking program known as the MBA and STRATMOR Peer Group Roundtables (“PGR”) Program.
People in the News Apr. 12, 2021
Greystone, New York, announced Imran Ahmed joined the firm as a Senior Managing Director, responsible for expanding Greystone’s corporate finance activities, including development of global corporate and investment banking and institutional capital relationships.