Quote: July 19, 2024

“With every passing month, we’re seeing evidence that intrepid commercial real estate professionals are wading into the waters of dealmaking.”
–Manus Clancy, Head of Data Strategy with LightBox, New York

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 and much more.

Early Bird Registration Open: MISMO Fall Summit Aug. 26-29

The MISMO Fall Summit is right around the corner. Join us in Reston, Virginia—just outside Washington, D.C.—August 26-29 for a program filled with presentations and strategy sessions focused on some of the most pressing issues in the industry.

Fannie Mae: Consumers Want to Buy Homes, But are Pessimistic

Fannie Mae released the latest version of its Consumer Mortgage Understanding Study, finding that consumers are pessimistic about homebuying conditions–with only 19% saying now is a good time to purchase a home. However, 92% still report owning a home is important to them.

Quote: July 22, 2024

“After several years of frenzied activity during the pandemic, owners are now making upgrades and repairs to their homes at a steadier and more sustainable pace.”
–Carlos Martín, Director of the Remodeling Futures Program at the Harvard Joint Center for Housing Studies

People in the News, July 22, 2024

Industry personnel news from Cenlar, Candor Technology, Informative Research, Merchants Bank and Incenter Marketing.

LightBox Finds Slow Improvement in CRE Activity

The commercial real estate sector is adjusting to the fact that the Federal Reserve may lower interest rates only once this year–or possibly, not at all–according to LightBox, New York.

RCN Capital: Real Estate Investor Sentiment Increases

RCN Capital, South Windsor, Conn., released its latest RCN Capital/CJ Patrick Co. Investor Sentiment Index, finding 60% of real estate investors view today’s market as better or much better than it was a year ago.