MBA Offers Recommendations to CFPB ‘Seasoned QM’ Proposal

The Mortgage Bankers Association, in an Oct. 1 letter to the Consumer Financial Protection Bureau, offered several recommendations in response to the Bureau’s request for comment on its proposed rule creating a new category of “seasoned” Qualified Mortgage loans.

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“Both of these propositions are not only important to our constituents in California, but they should be important to every commercial real estate lender nationwide.”
–MBA Senior Vice President of Commercial Real Estate Mike Flood, on two California ballot propositions addressing taxes and rent controls.

People in the News Oct. 2, 2020

JLL Capital Markets announced Rachael Lewis as a Director in its Los Angeles office, where she will be part of the debt and equity placement team led by Senior Managing Director Bill Fishel.