JLL Capital Markets, Chicago, arranged $48 million in construction financing for the development of Solamar Wildwood, a 243-unit build-to-rent townhome and villa community in Wildwood, Fla.
Category: News and Trends
Yardi Matrix: Record Student Housing Performance Last Year
The student housing industry is positioned for solid performance in 2023 after posting record returns last year, the latest National Student Housing Report from Yardi Matrix said.
Erin Palmer, Chris Bennett: How to Fire Up a Lock-and-Shop Program Without Getting Burned
Erin Palmer is Founder and CEO of Blue Phoenix. Chris Bennett is principal of mortgage industry hedge advisory firm Vice Capital Markets.
(IMB23) Broeksmit: ‘Now is the Time to Dig Deep’
CORONADO, Calif.—Mortgage Bankers Association President & CEO Bob Broeksmit, CMB, opened the MBA Independent Mortgage Bankers Conference here Tuesday with a sober assessment–and an optimistic prognosis.
Brian Webster of NotaryCam: A Longer Closing Process Can Save Time and Money, Huh?
An easy way to increase eClosing efficiency would be to increase the length of the closing process.
People in the News Jan. 25, 2023: Accurate Group Taps Michele Golden as Chief Appraiser
Accurate Group, Cleveland, Ohio, announced Michele Golden joined the company as Chief Appraiser. She will manage the company’s staff appraisers, appraisal compliance and regulatory issues.
Quote: Jan. 25, 2023
“My friends and fellow members of the MBA: Now is the time to dig deep and look past the difficulties of the moment. Now is the time to remember the mission and passion that define who we are, and all we do.”
–Mortgage Bankers Association President & CEO Bob Broeksmit, CMB, speaking at the MBA Independent Mortgage Bankers Conference.
Dean Kelker of SingleSource Property Solutions: Appraisal Modernization and Obstacles to the Profession
Dean Kelker is senior vice president and chief risk officer with SingleSource Property Solutions, Canonsburg, Pa., responsible for managing regulatory, compliance and financial risks. He has more than 30 years of real estate finance experience managing collateral, credit and compliance risks for lenders, credit risks for a mortgage insurer and mortgage default investigations for a due diligence firm.
Share of Mortgage Loans in Forbearance Remains Flat at 0.70% in December
The Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed the total number of loans now in forbearance remained flat relative to the prior month at 0.70% as of December 31, 2022.
Call for Speakers: MBA Secondary & Capital Markets Conference & Expo; Deadline Feb. 2
Speaking opportunities for breakout sessions are now being accepted for MBA’s Secondary & Capital Markets Conference & Expo 2023, taking place May 21–24 at the Marriott Marquis in Times Square.