Gantry, San Francisco, secured a $16.25 million permanent loan for the acquisition of a warehouse facility in Portland, Ore., occupied by FedEx Ground.
Category: News and Trends
Fitch Forecasts Office Performance Will Worsen Through 2025
Commercial real estate office loan performance will weaken further as market pressures build, according to Fitch Ratings’ latest U.S. CMBS Office Dashboard.
June 18: MISMO Monthly Webinar-Unlocking Seamless Connections: Exploring eVault Interoperability
Join MISMO and industry experts for a roundtable with eVault vendors to demystify the intricate realm of eVault interoperability.
ATTOM: May Foreclosure Filings Up From April, Down Year-Over-Year
ATTOM, Irvine, Calif., released its May 2024 U.S. Foreclosure Market Report, showing foreclosure filings were up 3% in May from April, but down 7% year-over-year.
Asurity’s Jonas Hoerler–TRID Refresher Series: Understanding TRID Tolerance and Timing Requirements for Disclosures in Mortgage Transactions
This is the first entry of a two-part refresher series covering various aspects of the TILA-RESPA Integrated Disclosure Rule.
Owen Lee of Success Mortgage Partners, Inc., Nominated to Be 2025 MBA Vice Chairman
The Mortgage Bankers Association announced that Owen Lee, Chief Executive Officer at Success Mortgage Partners, Inc., has been nominated to serve as MBA’s Vice Chairman for the 2025 membership year.
Flat Branch Home Loans CEO Karen Kreutziger Powell Testifies on VA Home Lending Before Committee on Veterans’ Affairs Subcommittee
Karen Kreutziger Powell, CEO of Flat Branch Home Loans, testified Wednesday at a hearing on pending legislation before the Committee on Veterans’ Affairs Subcommittee on Economic Opportunity.
LenderLogix’ Patrick O’Brien: CRA Compliance for IMBs Has Arrived. How to Do It Right.
Using advanced data analytics, listing notifications and smart loan applications, mortgage lenders can not only meet regulatory requirements but actively contribute to community development, ensuring a more equitable and inclusive future for all.
MBA: May New Home Purchase Mortgage Applications Increased 13.8%
The Mortgage Bankers Association Builder Application Survey data for May 2024 shows mortgage applications for new home purchases increased 13.8% compared to a year ago. Compared to April 2024, applications increased by 1%.
Quote: June 13, 2024
“We still look for mortgage rates to drop to about 6.5% by the end of 2024.”
–MBA Senior Vice President and Chief Economist Mike Fratantoni