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
Sponsored Content from Pavaso: Data Privacy and Working with eClosing Service Providers (Aug. 24, 2020)
Overlooking this factor when choosing an eClosing technology service provider could cost you.
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.
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“July’s surge in existing home sales reflects some catch-up for sales lost during the spring selling season, when the economy was largely shut down, as well as a shift in preferences away from long-term renting toward homeownership. Sales are not likely to rise another 25% next month but will remain strong as long as employment conditions for middle- and upper-income households continue to improve.”
–Mark Vitner, Senior Economist with Wells Fargo Securities, Charlotte, N.C.
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.
Leah Sommerville and Chris Lewis: RON–The Last Mile in the eClosing Marathon
As consumers make efforts to significantly limit in-person interaction, the demand for remote online notarization eClosings, which allow borrowers to join real estate closings from the comfort of and, more importantly, safety of their homes, has increased exponentially. This begs the question: Why isn’t everyone closing every loan with RON?
People in the News Aug. 20, 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.
Lack of Supply Hinders Housing Market’s Full Potential
Despite the housing market’s show of strength this summer amid economic turmoil sparked by the coronavirus pandemic, it has yet to reach its full potential because of ongoing supply restraints, said First American Financial Corp., Santa Ana, Calif.
Dealmaker: Phillips Realty Capital Secures $63M for Texas Multifamily
Phillips Realty Capital, Bethesda, Md., secured $63.2 million for a Class A Plano, Texas multifamily property.
CRE at a Crossroads
The coronavirus pandemic has put commercial real estate “at a crossroads,” said Yardi Matrix, Santa Barbara, Calif.