“During her tenure at HUD, Ms. Wade has been an integral part in strengthening the various programs that provide affordable housing opportunities and assistance to homebuyers and renters. With her expertise and experience, I am confident that Ms. Wade will be successful in developing workable solutions during this unprecedented time.”
–MBA President and CEO Robert Broeksmit, CMB, on Senate approval yesterday of Dana Wade to serve as FHA Commissioner.
On today’s Walker Webcast, Walker & Dunlop Chairman and CEO Willy Walker will be joined by Mortgage Bankers Association President & CEO Bob Broeksmit, CMB; Doug Bibby of the National Multi-Housing Council; and Jeff DeBoer of the Real Estate Roundtable to discuss the next $1 trillion+ stimulus bill being crafted on Capitol Hill and its impact on the multifamily, mortgage and commercial real estate industries.
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans in forbearance decreased by 6 basis points to 7.74% of servicers’ volume as of July 19, from 7.80% the prior week. MBA now estimates 3.9 million homeowners are in forbearance plans.
MBA NewsLink interviewed Keith Banhazl, Victor Calanog and Nick Levidy from Moody’s, New York.
The Mortgage Bankers Association asked the Conference of State Bank Supervisors to collaborate in addressing the real estate finance industry’s near-term issues related to work-from-home orders, and to build a longer-term framework for remote work capabilities to address future health emergencies, natural disasters and changing attitudes toward telework in today’s economy.
(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.)
Many of the industry’s efficiency experts have long argued that a digital mortgage can save all parties time and money. In the past, however, there were too many downstream issues that blocked the process from full-scale adoption. But with shelter in place, safer at home and social distancing all coming into play, the pandemic has led to a renewed push to get a completely digital mortgage as the new way to close all your loans.
On this Wednesday’s Walker Webcast, Walker & Dunlop Chairman and CEO Willy Walker will be joined by Mortgage Bankers Association President & CEO Bob Broeksmit, CMB; Doug Bibby of the National Multi-Housing Council; and Jeff DeBoer of the Real Estate Roundtable to discuss the next $1 trillion+ stimulus bill being crafted on Capitol Hill and its impact on the multifamily, mortgage and commercial real estate industries.
JBG Smith, Bethesda, Md., closed on $385 million in Freddie Mac 10-year financing secured by three Washington, D.C.-area multifamily assets.
The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans in forbearance decreased by 6 basis points to 7.74% of servicers’ volume as of July 19, from 7.80% the prior week. MBA now estimates 3.9 million homeowners are in forbearance plans.
