The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 6 basis points to 6.81% of servicers’ portfolio volume as of Sept. 27, from 6.87% the prior week. MBA now estimates 3.4 million homeowners are in forbearance plans.
Category: News and Trends
Tom Millon, CMB, and Tony Pistilli: Valuations and the Pandemic–The ‘New Normal’ for Appraisal
Temporary, alternative inspections methods help to demonstrate the reliability and benefits of bifurcation and may very well assist in the evolution of home appraisals.
Along Came COVID: Emerging Tech Trends in Commercial Real Estate Finance
Emerging technologies and start-up firms proliferated in commercial real estate over the last several years. With the conventional wisdom being that while the single-family real estate finance industry has embraced new technologies and innovation, CRE was a laggard and therein lies a massive opportunity.
Former Ambassador Andrew Young Keynotes MBA Annual20; Early Registration Deadline Extended to Oct. 7
Former Ambassador to the United Nations Andrew Young keynotes an important General Session at MBA Annual20, which runs online Oct. 19-21.
MBA Offers FHFA Recommendations on GSE Strategic Plan
The Mortgage Bankers Association, in comments yesterday to the Federal Housing Finance Agency, said the FHFA Strategic Plan for fiscal years 2021-2024 should continue to work toward an ultimate goal: releasing Fannie Mae and Freddie Mac from federal conservatorship—but only when they are able to do so without risk to the real estate finance markets.
CoreLogic: U.S. Home Price Appreciation Jumps in August
Despite pandemic pressures, home prices increased 5.9 percent year-over-year in August, reported CoreLogic, Irvine, Calif.
Housing Market Roundup, Oct. 6, 2020
Here are summaries of the latest housing finance reports, from Black Knight; Redfin; Zillow; and Morning Consult.
Along Came COVID: Emerging Tech Trends in Commercial Real Estate Finance
Emerging technologies and start-up firms proliferated in commercial real estate over the last several years. With the conventional wisdom being that while the single-family real estate finance industry has embraced new technologies and innovation, CRE was a laggard and therein lies a massive opportunity.
Dealmaker: Newmark Knight Frank Closes $330M Office Sale
Newmark Knight Frank, New York, completed the $330 million sale of Reservoir Woods East, an office campus in Waltham, Mass.
Tom Millon, CMB, and Tony Pistilli: Valuations and the Pandemic–The ‘New Normal’ for Appraisal
Temporary, alternative inspections methods help to demonstrate the reliability and benefits of bifurcation and may very well assist in the evolution of home appraisals.