John Ferber, a long-time presence in the industry and former Mortgage Bankers Association Senior Vice President, passed away Oct. 26. He was 87.
Category: News and Trends
A “Fool’s Gambit”—Surviving until 2025? A Mark Dangelo Editorial
This downturn is one of the greatest opportunities for small and medium sized lenders—but only if they use data ideation to lead.
Urban Land Institute, PwC Report: New Norms Emerging in Industry
The Urban Land Institute, Washington, D.C., and PwC, London, released their annual Emerging Trends in Real Estate 2024 report, highlighting the “Great Reset” present in the industry.
Single-Tenant Net Lease Cap Rates Expand For Sixth Consecutive Quarter
The Boulder Group, Wilmette, Ill., reported cap rates in the single-tenant net lease sector increased for the sixth consecutive quarter, largely due to higher interest rates.
ATTOM: Equity-Rich Portion of Mortgaged Homes Slips at Fastest Pace in At Least Four Years
Just over 47% of mortgaged residential properties in the U.S. were considered “equity-rich” in the third quarter, decreased from 49.2% in the second quarter, according to ATTOM, Irvine, Calif.
Quote: Nov. 3, 2023
“[John Ferber] was well-respected in the industry. He really helped expand the commercial participation in the association.”
–Teresa Betz, MBA Vice President of Operations
MBA Research Roundup
Each month, MBA Research releases a roundup of recent data, activities and other pertinent developments that are crucial to the real estate finance industry.
Fed Holds Rates Steady
The Federal Reserve’s Federal Open Market Committee announced it would be holding the target range for the federal funds rate unchanged yesterday, as it continues to aim for a 2% objective for inflation.
Census Bureau: Rental, Homeowner Vacancy Rates Increase Slightly
The national vacancy rate for rental and owned homes increased slightly during the third quarter, the Census Bureau reported.
Pamela Hamrick of Incenter Diligence Solutions: Elevating QC to a Growth Leader
Just before Labor Day, Fannie Mae instituted new prefunding quality control review requirements, leading to larger discussions of the financial impact of QC processes on mortgage lenders. MBA NewsLink asked Pamela Hamrick, President, Incenter Diligence Solutions, to elaborate.