CBRE brokered two southern California office building sales that totaling $26.75 million.
Category: News and Trends
MBA: August New Home Purchase Apps Down 4% from July, Up 33% From Year Ago
August mortgage applications for new home purchases increased by 33.3 percent from a year ago but fell by 4 percent from July, the Mortgage Bankers Association reported this morning.
Fitch: eMortgage Interest Accelerates During Pandemic
The coronavirus pandemic has increased market interest in eMortgages, reported Fitch Ratings, New York.
People in the News Sept. 16, 2020
Roostify, San Francisco, named Chris Boyle President of Home Lending, responsible for all external-facing functions, client engagement, strategy, marketing and business development.
Beth Johnson: Unlocking the Numbers—Leveraging Granular Financial Detail in Business Strategy
In this industry, as part of the lender due diligence process, the financials and credit history of every mortgage banking customer are combed over and scrutinized. Mortgage banks search for any and every detail to properly assess the probability of loan repayment. However, when it comes to their own financials, not all lenders give as much consideration to the details as others.
MBA Education Path to Diversity Scholar Profile: Jeannie Sosebee, AMP
(One of a continuing series of profiles of participants in the MBA Education Path to Diversity (P2D) Scholarship Program, which enables employees from diverse backgrounds to advance their professional growth and career development.)
eMortgage Interest Accelerates During Pandemic
The coronavirus pandemic has increased market interest in eMortgages, reported Fitch Ratings, New York.
MBA August New Home Purchase Apps Down 4% from July, Up 33% From Year Ago
August mortgage applications for new home purchases increased by 33.3 percent from a year ago but fell by 4 percent from July, the Mortgage Bankers Association reported this morning.
Dealmaker: M&T Realty Capital Corp. Provides $124M for Multifamily
M&T Realty Capital Corp., Baltimore, closed $123.9 million in Fannie Mae and Freddie Mac multifamily loans.
Housing Report Roundup: Refi Candidates at Record High; Lenders’ Profit Outlook Improves; Homebuyers Undeterred by High Prices
Here’s a roundup of recent housing finance market reports, from Black Knight, Fannie Mae and Redfin.