It’s that time of year again. The annual renewal invoices for your trade association memberships arrive. You think about how you leveraged memberships over the past year but it’s likely that your company could have done more to get the most out of it. Here are a few suggestions on how commercial/multifamily members can effectively leverage Mortgage Bankers Association resources to get the most benefit from your firm’s membership.
Category: News and Trends

MBA Advocacy Update (Aug. 24, 2020)
MBA continued its advocacy on the GSEs’ recently announced adverse market fee, urging the agencies and their regulator to withdraw the proposal and engage stakeholders on the following: the rationale behind the imposition of the 50 basis point fee; ways to ensure consumer impacts are mitigated; and, the need to respect existing market commitments between lenders and consumers.

MBA Chart of the Week: Mortgage Delinquency Rates
MBA released its National Delinquency Survey results for the second quarter last week. Key findings revealed that the COVID-19 pandemic’s effects on some homeowners’ ability to make their mortgage payments could not be more apparent.

Insurance Quotes and Coverages: A Conversation with CWCapital’s George O’Neil III and Harbor Group’s Emily Rasmussen
MBA CREF Associate Director Kelly Hamill interviewed Emily Rasmussen, Managing Director of Business Strategy with Harbor Group Consulting, and George O’Neil III, Managing Director with CW Financial Services LLC, about the insurance market during the coronavirus pandemic.

Sponsored Content from Pavaso: Data Privacy and Working with eClosing Service Providers
Overlooking this factor when choosing an eClosing technology service provider could cost you.

People in the News Aug. 25, 2020
JLL Hotels & Hospitality Group, New York named Kevin Davis a Senior Managing Director of the firm’s Americas Hotels & Hospitality Group. He will head the debt capital markets efforts for the Americas business and collaboration between the firm’s Hotels & Hospitality business and JLL’s Capital Markets Group, specifically the loan sales and financing teams.

The Week Ahead
Good morning! It’s 72 days until Election Day; 94 days until Thanksgiving;123 days until Christmas; 27 days until the first day of fall; and six days before the first pumpkin spice commercials.

July Existing Home Sales Ride the Wave
Existing home sales surged by a record 24.7 percent in July, the second straight double-digit monthly gain, the National Association of Realtors reported yesterday.

Home Sellers Hold Upper Hand
Zillow, Seattle, said sellers expanded their advantage in July as market forces continued to work in their favor.

Office Outlook ‘Opaque’
Reonomy, New York, said the office sector has avoided the worst of the recession, largely due to underlying characteristics including tenant diversification and longer-term leases. But it called the sector’s outlook “opaque.”