The MBA Mortgage Action Alliance is a voluntary, non-partisan and free nationwide grassroots lobbying network of real estate finance industry professionals, affiliated with the Mortgage Bankers Association.
Category: News and Trends
Register by Sept. 8 and Save: MBA’s mPowering You Summit For Women in Real Estate Finance Oct. 14
Experience powerful conversations and inspiring speakers and make new connections. Be part of the magic of this special day, where hundreds of women gather to learn from each other, create opportunities for one another and stand strong together.
Dealmaker: Gantry Secures $11M for Bay Area Self Storage Facility
Gantry, San Francisco, secured a $10.75 million permanent loan to retire construction financing on a new self-storage facility in East Bay San Francisco suburb Antioch, Calif.
Black Knight Reports Mortgage Rate Lock Activity Falls Again
Black Knight, Jacksonville, Fla., said mortgage rate lock activity fell for the second consecutive month in July, dropping 7% overall.
STR, TE Lower Hotel Growth Forecast
STR, Hendersonville, Tenn, and Tourism Economics, Wayne, Pa., lowered their year-over-year growth projections in a revised 2023-24 U.S. hotel forecast.
Quote: Aug. 15, 2023
“Commercial real estate borrowing and lending remained subdued in the second quarter of 2023.”
–Jamie Woodwell, MBA’s Head of Commercial Real Estate Research.
MBA Advocacy Update: MBA Releases Summary on Proposed Changes to Bank Capital Requirements
This week’s top legislative and policy news from the Mortgage Bankers Association.
MISMO Seeks Comments on Title, Closing Dataset Specifications to Enhance Interoperability
MISMO, the real estate finance industry’s standards organization, today announced that it is seeking public comment on title and closing dataset specifications that will help accelerate the industry’s digital transformation. The 30-day public comment period runs through Sept. 11, 2023.
MBA Chart of the Week Aug. 14: Delinquency Rates by Credit Type
According to MBA’s National Delinquency Survey, the overall delinquency rate for mortgage loans on one‐to‐four‐unit residential properties fell to its lowest level since MBA’s survey began in 1979, reaching 3.37 percent in the second quarter.
First American: What Happens to Cap Rates if…
Multifamily capitalization rates have now increased for three consecutive quarters, the first time since the Great Financial Crisis. This is a sign that investors are requiring higher yields today in order to purchase a property.