Industry Briefs, Feb. 2, 2024

Industry news from Freddie Mac, Fannie Mae, BlackFin, Snapdocs, LenderLogix and Floify.

MBA Chart of the Week: Top 10 Ginnie Mae Servicers

This week’s MBA Chart of the Week highlights analysis by Recursion, a big data mortgage analytics firm, that ranks the 10 largest Ginnie servicers by servicing book size ($UPB).

Quote: Feb. 5, 2024

“The strong job market is good news for the spring buying season as higher household incomes are a necessary component, but it also means that mortgage rates are not likely to drop much further at this point.”
–MBA Senior Vice President and Chief Economist Mike Fratantoni

In the Latest MBA CMB Technology Committee Newsletter

The MBA CMB Technology Committee’s newest newsletter is out. This issue discusses the first annual CMB Technology Committee survey results and profiles Rhiannon Bolen, CMB, AMP, Suha Beidas Zehl, CMB and Larry Fried, CMB in addition to other news.

Fewer Mega Industrial Leases Signed in 2023, CBRE Finds

CBRE, Dallas, found that there were fewer industrial leases of 1 million square feet or more in 2023 compared with 2022. Of the top 100 industrial leases signed last year, 43 were for at least 1 million square feet, compared with 63 in 2022.