Cap rates in the single-tenant net lease sector increased for the tenth consecutive time in the third quarter, according to The Boulder Group, Wilmette, Ill.
Category: News and Trends
Hurricane Season Is Here. Servicers Should be Prepared–ServiceLink’s Anthony Scotese
The destruction and devastation from Hurricane Helene continue to be felt across the southeastern United States, where more than 200 people died from the storm as of Oct. 5.
MBA Education School of Mortgage Servicing (Online), Oct. 15-25
This hands-on instructor-guided online course describes principles and strategies of key servicing functions, reviewing the important correlations and interconnectivity between business units within the servicing organization.
Mastering MSR Valuations in a Shifting Marketplace Nov. 13
Mortgage servicing rights (MSRs) have historically been a reliable source of income for investors, but recent years have brought significant volatility.
MBA, 13 Mortgage Industry Companies and Trade Groups Launch CONVERGENCE Collaborative to Address the Racial Homeownership Gap
The Mortgage Bankers Association and 13 leading industry stakeholders announced the formation of the CONVERGENCE Collaborative, a coordinated effort to identify and develop solutions to help close the racial homeownership gap.
Hurricane Helene Is Making Young Americans Rethink Future Residence, Redfin Finds
Hurricane Helene has now become one of the deadliest hurricanes in the U.S. in modern times–and its destruction may be affecting residential decisions moving forward.
MBA Promotes Wendy Penn, Amber Lawrence
Wendy Penn has been promoted to Vice President for Affordable Housing Initiatives and Amber Lawrence has been promoted to Vice President of Diversity, Equity, and Inclusion.
ICE Mortgage Monitor: Monthly Payments Hit High Point in August
Intercontinental Exchange, Atlanta, released its mortgage monitor for October, finding that the average monthly payment hit a record of $2,070 in August, up $140 from 2023 and $399 since the start of 2020.
ServiceLink’s Anthony Scotese: Hurricane Season Is Here. Servicers Should be Prepared
The destruction and devastation from Hurricane Helene continue to be felt across the southeastern United States, where more than 200 people died from the storm as of Oct. 5.
Quote of the Day
“The barriers to minority homeownership require a collective effort. In recognition of this challenge, we believe the approach embodied in the CONVERGENCE framework can have a greater impact with this new industry partnership. By working together, we can produce more and faster results that will reduce the racial homeownership gap.”
–MBA President and CEO Bob Broeksmit, CMB