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.
Category: News and Trends
Share of Mortgage Loans in Forbearance Increases to 0.47% in October, MBA Finds
The Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance increased to 0.47% as of Oct. 31, 2024.
MBA: October New Home Purchase Mortgage Applications Increased 8.2%
The Mortgage Bankers Association Builder Application Survey data for October 2024 shows mortgage applications for new home purchases increased 8.2% compared from a year ago.
MBA Statement on FHFA’s 2025 Multifamily Loan Purchase Caps
MBA’s President and CEO Bob Broeksmit, CMB, released a statement regarding the Federal Housing Finance Agency’s (FHFA) announcement of the 2025 multifamily lending purchase caps for Fannie Mae and Freddie Mac (the GSEs).
Q&A With MBA’s Gail Griffith-Roch Breaking Down Changes to the CRI Designation Process
The Chartered Realty Investor designation is undergoing some changes, including a rewrite of the Level II Exam. To understand what changes are being made–and why–MBA NewsLink sat down with Gail Griffith-Roch, MBA’s Associate Vice President of Commercial/Multifamily Education Content.
Research Finds Digital Closings Create Up to 10 Basis Point Pricing Advantage
eClosing technology enables lenders to achieve up to a 10 basis point pricing gain by accelerating loan delivery to the secondary and capital markets, according to a new study from Snapdocs and Falcon Capital Advisors.
Redfin Finds Existing Home Sales Post Biggest Increase in Nearly Three Years
Existing home sales rose 1.6% month over month in October–the biggest gain since January 2022–to a seasonally adjusted annual rate of 4.17 million, according to Redfin, Seattle.
Quote of the Day
“MBA supports a level playing field across all multifamily capital sources and strongly believes that rental housing affordability and availability should be a top priority for industry practitioners, policymakers, and regulators in 2025. We will work with the Trump administration and Congress on policies and initiatives that boost rental housing supply and improve affordability.”
–MBA President and CEO Bob Broeksmit, CMB
Mortgage Credit Availability Increased in October, MBA Reports
Mortgage credit availability increased in October according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association that analyzes data from ICE Mortgage Technology.
Chart of the Week: CRE Property Sales and Borrowing
After a slow start to this year, borrowing and lending backed by commercial real estate properties picked up during the third quarter. Originations increased 59 percent compared to a year ago and increased 44 percent from the second quarter of 2024.