What follows are findings from a survey of senior mortgage executives I conducted in the first half of May. Due to cancelation of MBA’s National Secondary Market Conference, this survey was completed over the phone rather than face to face, as has been the case in the 23 preceding surveys done since 2008.
Category: News and Trends
Q&A With M&T Realty Capital’s Michael Berman, CMB, and Jeffrey Rodman
MBA NewsLink interviewed M&T Realty Capital Corporation President & CEO Michael Berman, CMB, and Affordable Housing Program Manager Jeffrey Rodman about MTRCC’s business lines and affordable housing efforts.
MBA Education Path to Diversity Scholar Profile: Deborah Reavis, 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.)
MBA Advocacy Update: June 8, 2020
MBA remains actively engaged with decision-makers at all levels of government to help shape the response to the effects of the pandemic on the mortgage market. Last week, the Senate passed legislation that would ease restrictions on the SBA’s Paycheck Protection Program, which President Trump signed into law on Friday.
(#MBALive) Closing Loans During a Pandemic With RIN and RON
Enterprising mortgage companies are using what they have to ensure consumers can still obtain loans during the COVID-19 crisis.
MBA Chart of the Week: Measures of Apartment Stress in March and May
There has been an important disconnect between the labor market and apartment markets over the last two months.
An Upbeat Jobs Report, Followed by a ‘Misclassification Error’
At 8:30 a.m. on Friday, the Bureau of Labor Statistics issued a surprising May unemployment report: instead of the 8 million job losses expected by economists’ consensus, the report showed a dramatic 2.5 million increase in jobs, and a 1.4 percent dip in the unemployment rate, from 14.7 percent in April to 13.3 percent. But there was a catch–a huge catch.
Dealmaker: Enterprise, Fellowship Square Close on $86M Construction Financing
Enterprise Community Development, Columbia, Md., and Fellowship Square Foundation, Reston, Va. received $86 million to build the new Lake Anne House in Reston, Va. outside Washington, D.C.
HUD/Census: Nearly Half of Rental Units Are in Small Multifamily Properties
Nearly half of the nation’s 48.2 million rental housing units are in properties with less than five units, HUD and the U.S. Census Bureau reported. For these small rental properties, …
(#MBALive) Closing Loans During a Pandemic With RIN and RON
Enterprising mortgage companies are using what they have to ensure consumers can still obtain loans during the COVID-19 crisis.