Institutional Property Advisors, Ontario, Calif., brokered $42.4 million in retail property sales in Indiana, Michigan and Florida.
Category: News and Trends
Andrew Foster: Top Five Commercial Mortgage Servicing Issues to Watch in 2021
While most will be monitoring increased infections and the progress of vaccine distribution and effectiveness, loan servicing and asset management professionals will have some additional factors impacting their organizations and books of business in the new year
MBA Mortgage Action Alliance Announce Steering Committee Election Results
The MBA Mortgage Action Alliance announced results of its Steering Committee elections, adding three at-large members for the 2021-2022 election cycle.
MBA Opens Doors Foundation Adds Kristy Fercho, Matt Rocco to Board of Directors
The MBA Opens Doors Foundation announced two real estate finance industry executives to its Board of Directors: Kristy Fercho, 2021 MBA Chair-Elect, and Executive Vice President and Head of Wells Fargo Home Lending; and Matt Rocco, 2021 MBA Vice Chairman, and Chairman of the Board and CEO of Grandbridge Real Estate Capital.
RIHA Study: Widening Inequality After Great Recession Attributed to Decline in Homeownership, Home Values
Distribution of wealth among U.S. households became increasingly unequal from 2007 through 2016 as a decline in homeownership and home values impacted the wealth of middle-class families, according to a new research report, The Distribution of Wealth Since the Great Recession, released yesterday by the Mortgage Bankers Association’s Research Institute for Housing America.
Greg Holmes of Credit Plus on COVID Challenges
Greg Holmes is Managing Partner with Credit Plus Inc., Salisbury, Md., a third-party verifications company serving the mortgage industry.
CREF Market Outlook: Commercial Real Estate’s Four-Bucket Theory
The pandemic has affected different commercial property types in very different ways, and they will likely perform differently when the economy bounces back, said MBA Vice President of Commercial Real Estate Research Jamie Woodwell.
The Redesigned URLA Is Coming Jan. 1. Are You Ready?
Fannie Mae and Freddie Mac (the GSEs) will ring in the New Year by starting to accept the redesigned Uniform Residential Loan Application (URLA) and updated automated underwriting system (AUS) loan application submission files based on MISMO v3.4.
MBA: Commercial/Multifamily Mortgage Delinquency Rates Continue to Vary by Property Types, Capital Sources
Commercial and multifamily mortgage performance remains mixed, revealing the various impacts the COVID-19 pandemic has had on different types of commercial real estate, according to two reports released today by the Mortgage Bankers Association.
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“While the housing market has been one of the few economic bright spots during the pandemic, HUD will play a central role in addressing a number of important challenges in the post-pandemic recovery, including how to resolve the mortgage forbearance afforded to more than 800,000 borrowers who have loans insured by FHA. Also, the new administration will tackle the ongoing housing affordability crisis affecting both homeowners and renters. MBA and its members look forward to working with the administration and Rep. Fudge as she builds her team of housing experts who will manage these and other important issues at HUD, FHA and Ginnie Mae.”
–MBA President & CEO Robert Broeksmit, CMB, on Rep. Marcia Fudge’s nomination as HUD Secretary.