Quote: Mar. 10, 2023

“RIHA’s essays on climate change will help the real estate finance industry better understand climate risk and ways to mitigate it. Developing strategies to address climate change remains a top priority within the industry.”
–Edward Seiler, Executive Director of RIHA and MBA Associate Vice President of Housing Economics.

Jason Wilborn of Accenture: Perfect Timing

NOW is the time we should revisit what didn’t work when volumes were high. The opportunity to think outside of the box relative to engaging new partners, new systems, and to properly implement policy changes is now.  The imperative for a proactive, funded, and holistic approach assessing your business model is upon us.

Government Roundup: FHA Publishes 40-Year Loan Mod Final Rule; CFPB Targets ‘Junk Fees’

In this week’s Government Roundup, FHA published a final rule that would permit 40-year terms for loan modifications; and the Consumer Financial Protection Bureau released a special edition of its Supervisory Highlights targeting allegedly unlawful junk fees uncovered in deposit accounts and in multiple loan servicing markets, including in mortgage, student and payday lending.

CBRE: Looming Multifamily Oversupply Likely Short-Lived

CBRE, Dallas, said delivery of a near-record 716,000 new multifamily units over the next two years will create a short-term oversupply, but noted the new supply will keep long-term fundamentals healthy.