ACES Quality Management, Denver, found the overall critical defect rate increased to 1.81% during the second quarter, moving closer to the precarious 2% threshold.
Category: News and Trends
CMBS Market Musings: An Interview with Malay Bansal from 3650 Capital
MBA Newslink recently interviewed Malay Bansal, Head of Trading & Capital Markets at 3650 Capital, who shared insights about the CMBS issuer ecosystem and CRE securitization markets.
Multifamily, Single-Family Rents Fall Slightly in October, Yardi Matrix Finds
Yardi Matrix, Santa Barbara, Calif., reported that multifamily advertised rents fell $3 to an average of $1,748 in October.
JLL: U.S. Construction Industry Poised for Measured Growth in 2025
JLL, Chicago, released its 2025 U.S. Construction outlook, reporting that the baseline forecasts indicate modest growth in 2025.
About the MISMO Innovation Investment Fee
MISMO, the real estate finance industry’s standards organization, launched the Innovation Investment Fee in 2021 to allow lenders to support the important work necessary to foster efficiency, cost reduction, interoperability, digital transformation and innovation in the mortgage process.
Quote of the Day
“This quarter’s rise in critical defects signals that lenders need to double down on quality control efforts, especially as volumes grow.”
–Nick Volpe, EVP of ACES Quality Management
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 1.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Nov. 15, 2024.
Upcoming MBA Education Offerings
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Certified Mortgage Banker (CMB) Designation
The Certified Mortgage Banker (CMB) designation is the industry standard of professional success. It symbolizes respect, credibility, ethics and achievement within real estate finance.
Quote of the Day
Weekly Applications Survey Quote