“We share FSOC’s goals of a safe, stable, and sustainable financial services marketplace, but some of the report’s recommendations are unnecessary.”
–MBA President and CEO Bob Broeksmit, CMB
Category: News and Trends
Affordable Housing Insights Fireside Chat With Accenture’s Cate Dalton
The Mortgage Bankers Association’s Affordable Housing Initiatives team recently launched the Affordable Housing Insights Fireside Chat Series, an interview series with housing industry leaders.
Homeowner Equity Dips in Q1, ATTOM Finds
ATTOM, Irvine, Calif., released its first-quarter 2024 U.S. Home Equity and Underwater report, revealing 45.8% of mortgaged residential properties in the U.S. are equity-rich.
Dealmaker: Walker & Dunlop Arranges $120M Refinancing for Nashville Multifamily
Walker & Dunlop, Bethesda, Md., arranged $120 million in financing for 1111 Church, Nashville’s newest Class A mixed-use multifamily community in the city’s Gulch neighborhood.
CBRE: Multifamily Rent Grows Slightly
CBRE, Dallas, found multifamily fundamentals are beginning to stabilize, per first-quarter data.
Quote: May 10, 2024
“Homeowner balance sheets continue to benefit in a huge way from the boom times in the form of elevated equity that can be used to help finance all kinds of things, from home renovations to business startups.”
–ATTOM CEO Rob Barber
MBA Member Demo Days
MBA regularly hosts Member Demo Days, afternoons of specialized programming, live demos and Q&A. Open to all MBA members at no charge, Member Demo Days conveniently provide today’s latest technology solutions to help you face operational challenges.
A.I. & Commercial Real Estate: an MBA NewsLink Q&A with Greystone’s Niraj Patel
MBA NewsLink recently interviewed Greystone’s Niraj Patel about Artificial Intelligence and digital transformation in commercial real estate.
MBA: Commercial/Multifamily Borrowing Unchanged in First Quarter
Commercial and multifamily mortgage loan originations were essentially unchanged in the first quarter compared to a year ago, and decreased 23% from the fourth quarter of 2023, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
Zonda: Supply of New Home Lots Tightens
The limited availability of desirable land near major job centers is pushing new housing developments further into the suburbs, according to a new report from Zonda, Newport Beach, Calif.