“In the dance of supply and demand, demand generally takes the lead but–as in any great dance pair–the follower, in this case supply, determines the degree to which the pair stay in sync.”
–MBA Head of Commercial Real Estate Research Jamie Woodwell
Category: News and Trends
FHFA Announces Members of Federal Advisory Committee on Affordable, Equitable and Sustainable Housing
The Federal Housing Finance Agency announced the members of its Advisory Committee on Affordable, Equitable and Sustainable Housing, which includes several members of the Mortgage Bankers Association.
John Holbrook From ICE: GSEs, FHFA, HUD Implement ROV Requirements–What Lenders Need to Know
In May, Fannie Mae, Freddie Mac and the Federal Housing Finance Agency announced the implementation of new lender requirements for reconsiderations of value, effective Aug. 29. Here’s what lenders should know.
MBA Releases Q1 2024 Commercial/Multifamily DataBook
The Mortgage Bankers Association just released its Q1 2024 Commercial/Multifamily Quarterly DataBook.
Dealmaker: Peachtree Group Provides $40M in CPACE Financing for San Diego Hotel
Peachtree Group, Atlanta, originated a $40 million retroactive Commercial Property Assessed Clean Energy loan to BLG San Diego for its new AC Hotel San Diego Downtown Gaslamp Quarter.
Redfin Reports Typical Home Sells for Less Than List Price
The typical home that sold during the four weeks ending June 23 sold for less than asking price for the first time at this time of year since 2020, according to Redfin, Seattle.
Industry Briefs, July 1, 2024
Industry news from IndiSoft, Mortgage Capital Trading and AgentHome.
RentCafe: Miami Still Most Competitive Rental Market
RentCafe, Santa Barbara, Calif., analyzed the competitive state of the rental market, finding that Miami has retained its position as the most competitive rental market, followed by suburban Chicago and northern New Jersey.
Pending Home Sales Drop Again in May
Pending home sales slipped 2.1% in May, the National Association of Realtors reported Thursday.
ICE’s John Holbrook: GSEs, FHFA, HUD Implement ROV Requirements–What Lenders Need to Know
In May, Fannie Mae, Freddie Mac and the Federal Housing Finance Agency announced the implementation of new lender requirements for reconsiderations of value, effective Aug. 29. Here’s what lenders should know.