Newmark, New York, arranged a $275 million loan to refinance a multifamily asset in New York City.
Category: News and Trends
Quote of the Day
“ICE loan-level data shows that a record 11.4% of borrowers switched insurance providers in 2024, up from 9.4% in 2023 and less than 8% historically.”
–Andy Walden, Head of Mortgage and Housing Market Research for Intercontinental Exchange
Trepp: CMBS Delinquency Rate Decreases in February
Trepp, New York, found the CMBS Delinquency Rate fell in February, with the overall rate decreasing 26 basis points to 6.3%.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 20.4% from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending February 28, 2025.
Quote of the Day
“Mortgage rates declined last week on souring consumer sentiment regarding the economy and increasing uncertainty over the impact of new tariffs levied on imported goods into the U.S.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist
Industry Briefs, March 6, 2025
Industry news from Indisoft, Snapdocs, Informative Research, Argyle, nCino, Corporate Settlement Solutions and ICBA CRA.
School of Mortgage Banking I: The Foundation of Mortgage Banking
Gain a comprehensive understanding of the mortgage banking industry with MBA Education’s School of Mortgage Banking I.
JLL: Double-Digit Medical Outpatient Building Growth on Horizon
An aging population, surging outpatient demand and the need for services near growing populations are all contributing to strong demand in the healthcare sector, according to JLL, Chicago.
Premier Member White Paper Profile: Snapdocs Examines the ROI of Digital Closings
MBA regularly highlights new white papers from its Premier Members. Today, we look at Snapdocs’ recently released The ROI of Digital Closings white paper.
CBRE: Data Centers See Strong 2024
CBRE, Dallas, reported supply in primary data center markets increased by 34% year-over-year in 2024, significantly more than the 26% increase in 2023.