The Conference Board, New York, said its monthly Consumer Confidence Index fell in February, marking the second consecutive monthly decline, amid economic uncertainty and persistent inflation.
Category: News and Trends
Dealmaker: iBorrow, Reuben Brothers Provide $87M for West Hollywood Hotel
iBorrow, Los Angeles, and Reuben Brothers, London provided $86.7 million for a hotel formerly known as the Standard Hotel in West Hollywood, Calif.
U.S. Commercial Property Prices Tumble
U.S. commercial property prices fell in January at an annual pace of decline not seen since late 2010, reported Real Capital Analytics, New York.
Aaron Davis and Jonathan Kearns: Countless Reasons to Adopt Digital Closings
As to the case for adopting digital closings, the obvious explanations (speed, efficiency, cost) remain. And now, even more equally persuasive reasons are emerging as well.
Jarod Jones of Equifax Workforce Solutions: How Personal Debt Can Close the Front Door to Homeownership
With lenders now recognizing the power of alternative data during underwriting, homeownership decisioning can be made with more confidence and less risk – leading to healthier financial portfolios.
Quote: Mar. 1, 2023
“There has now been three straight weeks of declines in applications as mortgage rates have jumped 50 basis points over the past month. Data on inflation, employment and economic activity have signaled that inflation may not be cooling as quickly as anticipated, which continues to put upward pressure on rates.”
–Joel Kan, MBA Vice President and Deputy Chief Economist.
House Passes MBA-Supported Federal RON Bill
The House on Monday passed an MBA-supported bill that would create minimum federal standards to complement more than 40 current state remote online notarization laws.
mPact Summit March 7: Developing Your Executive Presence
Join real estate industry young professional peers for the inaugural MBA mPact Summit on Tuesday, March 7 in Plano, Texas.
House Passes MBA-Supported Federal RON Bill
The House on Monday passed an MBA-supported bill that would create minimum federal standards to complement more than 40 current state remote online notarization laws.
Berkadia: Commercial Real Estate Professionals Expect Market to Stabilize
Berkadia, New York, said the multifamily market remains healthy despite weakening fundamentals, capital markets uncertainty, persistent inflation and recession rumors.