Hear from two trailblazing leaders, Geena Davis and Nina Tassler, at MBA Annual on Oct. 17 from 8:30-10:00 AM.
Category: News and Trends
Early Registration Discount Ends Wednesday: MBA Accounting and Financial Management Conference in New Orleans Nov. 15-17
Join MBA at the 2023 Accounting & Financial Management Conference, November 15-17 at the Hyatt Regency New Orleans.
Construction Spending Increases Again
The U.S. Census Bureau reported construction spending increased in August to a seasonally adjusted annual rate of $1,983.5 billion, 0.5 percent above the bureau’s revised July estimate.
Construction Spending
Construction spending
Quote: Oct. 3, 2023
“The growing trend around [office to multifamily] conversions may help to revitalize downtown areas that have been affected by changing workstyles that result in less need for office space.”
–Mike Watts, CBRE President of Investor Leasing.
ConcertMBA Presents: Tim McGraw
Fresh off his announcement that Tim McGraw is headlining his 2024 “Standing Room Only Tour,” the three-time Grammy Award-winning star will take the Concert MBA stage at MBA’s Annual Convention & Expo (MBA Annual23) in Philadelphia on Tuesday, October 17.
CoreLogic: Mortgage Delinquencies Remain Near Record Low in July
CoreLogic, Irvine, Calif., released its Loan Performance Insights through July, revealing strong performance–overall delinquencies were 2.7%, still near a record low.
Velocity Servicing President Matt Stadler Discusses Loan Stress
MBA NewsLink interviewed Velocity Servicing President Matt Stadler about loan stress. Stadler is responsible for all operations of Velocity Servicing, a specialty and component servicer focused on investors in credit-sensitive products (EBOs, NPL/RPL, and high-risk assets), dedicated to turning distressed loans into performing portfolios faster through high-touch customer relationships and advanced data analytics.
People in the News, Oct. 3, 2023
People news from First American, Dovenmuehle and Mortgage Machine Services.
MBA Chart of the Week Oct. 2: FOMC Summary of Economic Projections for Fed Funds Rate
Each quarter, members of the Federal Open Market Committee (FOMC) submit their projections for various economic measures (i.e., real gross domestic product growth, the unemployment rate, inflation, and the federal funds rate). This month’s projections, shown in the Summary of Economic Projections (SEP), included 2026 for the first time.