Initial claims for unemployment insurance fell just slightly for the second straight week, suggesting recovery from the coronavirus-induced economic slowdown will remain slow and gradual.
Category: News and Trends
Dealmaker: Gantry Secures $13M for Two Industrial Assets
Gantry, San Francisco, secured $12.75 million in financing for industrial properties in California and Washington.
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.
MBA, California MBA Oppose California Props. 15 and 21
On Election Day, Californians will vote for or against two ballot initiatives strongly opposed by the Mortgage Bankers Association, California MBA and other industry partners.
MBA: September Commercial, Multifamily Mortgage Delinquencies Decrease
Delinquency rates for mortgages backed by commercial and multifamily properties declined in September, the Mortgage Bankers Association’s latest monthly MBA CREF Loan Performance Survey reported.
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.
Sponsored Content from Monster Lead Group: Creating a Sustainable Mortgage Sales Model
Expert advice on maximizing current capacity, a winning market strategy, preparing your team for post-2020 success, and more.
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.
MISMO Approves Taxpayer Consent Language as New Standard
MISMO®, the mortgage industry standards organization, today announced that its successful Taxpayer Consent Language is approved as a new standard.