“Commercial and multifamily borrowing and lending in 2020 fell by a quarter from 2019’s record year, as the COVID-19 pandemic disrupted the economy and created increased uncertainty. The property types most impacted by the pandemic–lodging and retail–saw the largest declines in originations, while those in which investors and lenders had the greatest confidence, particularly multifamily, held up better.”
–MBA Vice President of Commercial Real Estate Research Jamie Woodwell.
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.
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.
Mortgage applications again fell across the board from one week earlier, marking the fifth consecutive week of declines, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending April 9.
CBRE, Dallas, said the average amount of free rent office landlords conceded to secure long-term leases climbed significantly in the first quarter.
The first article of this series addressed the use of behavioral activities as enabling goals. Their purpose: to help LOs who were struggling to reach the production goals to which you and they had agreed. This follow-up piece looks at management’s additional actions to consistently communicate about those observable activity goals.
The Mortgage Bankers Association’s grassroots advocacy arm, the Mortgage Action Alliance, issued a Call to Action yesterday, asking its members contact their members of Congress to allow flexibility in implementation of new purchase caps placed on Fannie Mae and Freddie Mac.
M&T Realty Capital Corp., Baltimore, closed $70.9 million in multifamily and senior housing transactions in Virginia and Illinois.
On behalf of Mortgage Bankers Association Residential Board of Governors (RESBOG) Chair John Hedlund and Vice Chair Al Blank, MBA seeks members’ recommendations for individuals/companies to serve on RESBOG in future terms.
“2020 was a banner year for the mortgage industry, despite the COVID-19 global health crisis essentially shutting down the U.S. economy in March and forcing personnel into remote work environments.”
–Marina Walsh, CMB, MBA Vice President of Industry Analysis.
