There’s something different in the air.
Within the last 3 to 4 years, there’s been a genuine interest and growth in cross-sector collaboration on solving the persistent disparities that exist in homeownership rates between white and minority households.
The Mortgage Bankers Association released Disaster Recovery: A Resource for Homeowners, a resource paper for homeowners that outlines what to do before and after the disaster along with how to start, and then work through the recovery process.
This week’s top legislative and policy news from the Mortgage Bankers Association.
MBA NewsLink recently spoke to SingleSource Property Solutions’ CEO and co-founder Brian Cullen about moving vacant properties to active housing inventory.
Mortgage Capital Trading, San Diego, recently surveyed more than 100 industry professionals on their outlook for the market in 2024. Almost three quarters–74.1%–expect their mortgage volume to be higher this year than in 2023.
Greystone, New York, provided a $20.2 million Freddie Mac Optigo loan to refinance a construction loan for a multifamily property in Philadelphia.
“Of note, average hourly earnings grew 3.9% from a year ago, a third consecutive deceleration in wage growth and the slowest since May 2021.”
–Mortgage Bankers Association Vice President and Deputy Chief Economist Joel Kan
Total nonfarm payroll employment increased by 175,000 in April, per the Bureau of Labor Statistics.
There’s something different in the air.
Within the last 3 to 4 years, there’s been a genuine interest and growth in cross-sector collaboration on solving the persistent disparities that exist in homeownership rates between white and minority households.
MBA is proud to recognize its Premier Members and to thank them for their continued support of MBA and the real estate finance industry.
