The Mortgage Industry Standards Maintenance Organization–MISMO–kicked off its 2023 Spring Summit in Portland, Ore. on Monday.
Category: News and Trends
Support the Next Generation of CREF Professionals through MBA Careers Student Fellowship
The Mortgage Bankers Association’s Commercial Real Estate Finance Careers Student Fellowship program provides college students, including those from groups traditionally underrepresented in the industry, with a package of networking and educational opportunities centered on the $4.5 trillion commercial real estate finance industry.
May Multifamily Rent Growth
Article to come
Disaster Recovery: A Resource for Homeowners from MBA
The Mortgage Bankers Association released Disaster Recovery: A Resource for Homeowners, a resource paper for homeowners that outlines what to do before and after the disaster along with how to start, and then work through the recovery process.
MBA Weekly Survey June 7, 2023: Applications Decrease
Mortgage applications decreased 1.4 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 2, 2023.
Dealmaker: Berkadia Arranges Fort Lauderdale Apartment Community Refinancing
Berkadia, New York, secured a senior lender and preferred equity provider for the $51.5 million refinancing of The Village at Eastpointe Apartments, a 296-unit property in Fort Lauderdale, Fla.
Construction Spending Climbs Slightly
Construction spending rose 1.2% during April, the Census Bureau reported.
CoreLogic Says 33M Homes at Risk in 2023 Hurricane Season
CoreLogic, Irvine, Calif., reported 33 million U.S. properties are at risk of hurricane-force wind damage, with reconstruction cost value of $11.6 trillion, as the 2023 hurricane season kicks off.
CONVERGENCE Partner Profile: Pharrah Jackson of Greystone
Pharrah Jackson is a Vice President with Greystone’s Dedicated Affordable Housing Platform, responsible for assisting borrowers in financing their multifamily housing transactions. She is a member of MBA’s Affordable Rental Housing Advisory Council.
Quote: June 7, 2023
“Mortgage rates declined last week from a recent high, but total application activity slipped for the fourth
straight week.”
–MBA Vice President and Deputy Chief Economist Joel Kan