As the financial winds of the pandemic swirled, the mortgage market took center stage in the economic theatre. Its performance? Spellbinding highs followed by precipitous lows, a dramatic rollercoaster that even seasoned Wall Streeters couldn’t ignore.
Category: News and Trends
CONVERGENCE: Navigating the Obstacles in Multifamily Housing: Perspectives from the Affordable Rental Housing Advisory Council–Aug. 29
The demand for affordable housing continues to outstrip supply, and steep rental increases exacerbate the problem. Policy measures alone won’t solve these issues. MBA members have sought innovative ways to address the ongoing challenges in this space.
Aug. 24: Current Expected Credit Losses (CECL) Updates
Current Expected Credit Losses (CECL) is designed to reduce volatility for banks and deliver predictable and consistent returns for investors. With the variation of adoption dates, some as early as …
Clarifire’s Jane Mason: To Survive, the Fittest Organizations Need AI—But That’s Not All
AI holds the potential to unleash productivity throughout the mortgage lifecycle by bringing the origination and servicing sides of the business together.
MBA: Share of Mortgage Loans in Forbearance Decreases to 0.39% in July
The Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed the total number of loans now in forbearance decreased by 5 basis points from 0.44% of servicers’ portfolio volume in the prior month to 0.39% as of July 31.
MBA Annual Opening General Session Oct. 16: Songs of America with Tim McGraw, Jon Meacham
Through strife and triumph, music is as integral to the American experience as the elected leaders and formal politics that shape it. Pulitzer Prize-winning biographer Jon Meacham and Grammy Award-winning entertainer, author, and actor Tim McGraw team up to present a moving and insightful journey through history at MBA Annual.
DBRS Morningstar: CMBS Delinquency Rate Surges
DBRS Morningstar, Toronto, reported the delinquency rate for loans packaged in commercial mortgage-backed securities surged 31 basis points in July. The special servicing rate rose for the fifth straight month, increasing 24 basis points during July.
Yardi Matrix: Student Housing Sector Continues to Outperform
Yardi Matrix, Santa Barbara, Calif., reported student housing preleasing for the fall semester reached near-record highs in July, positioning the sector well to be able to weather a potential recession.
Congratulations to the Newest Certified Mortgage Bankers
MBA congratulates the newest Certified Mortgage Banker designees.
Sponsored Content: PCV Murcor Offering Property Data Collection
PCV Murcor, a nationwide real estate valuations management company, is pleased to announce its addition as an approved service provider for data collection field services to support Fannie Mae’s value acceptance + property data.