A panel of housing experts expects annual national home price growth of 3.8% this year and 3.4% in 2025, according to the Q1 2024 Fannie Mae Home Price Expectations Survey.
Category: News and Trends
Quote: March 5, 2024
“Since 1995, only two quarters have seen fewer than 1 million first lien mortgages originated. The first was Q1 2023, and Q4 the second.”
— Andy Walden, ICE Vice President of Enterprise Research Strategy.
Dealmaker: X-Caliber Funding, CastleGreen Finance Complete $122M Refinance for Fairmont Breakers Long Beach Hotel
X-Caliber Funding and CastleGreen Finance, an X-Caliber affiliate that provides capital through Commercial Property Assessed Clean Energy financing, provided $122 million to refinance Long Beach, California’s Fairmont Breakers Hotel & Spa.
Seyfarth Shaw: CRE Industry Optimistic for 2024
Seyfarth Shaw, Chicago, released its Real Estate Market Sentiment Survey, finding 83% of commercial real estate executives have a buoyant outlook for the sector this year.
MBA Applauds Efforts to Improve Loan Repurchase Requests; Calls for Better Alignment at the GSEs
MBA President and CEO Bob Broeksmit, CMB, issued the following statement regarding recent moves by Fannie Mae and Freddie Mac to address loan repurchase requests:
Affordable Housing Insights: Leveraging Public-Private Partnerships for Affordable Housing Solutions March 5
Join us on March 5 to learn more about the critical role of Public-Private Partnerships (PPPs) in fostering sustainable affordable housing solutions.
MBA Advocacy Update: Congress Passes Stopgap Funding Bill to Avert Government Shutdown
This week’s top legislative and policy news from the Mortgage Bankers Association.
Pending Home Sales Slip 4.9% in January
Pending home sales slipped 4.9% in January, according to the National Association of Realtors.
People in the News, March 5, 2024
Personnel news from Fannie Mae, Xactus, Cenlar, Click n’ Close and Westcor Land Title Insurance Co.
MBA Chart of the Week: IMB Average UPB of Repurchased/Indemnified Loans
MBA Research recently analyzed repurchase and indemnification volume over a five-year period from the third quarter of 2018 through the third quarter of 2023.