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Category: News and Trends
MBA Releases Updated Affordable Housing Policy Agenda
The Mortgage Bankers Association this week released the second iteration of its Affordable Housing Policy Agenda.
MBA News Dec. 19, 2022
Today in MBA News: CREF23 in San Diego; MBA Education Residential Future Leaders Program; MBA Education Webinar–Fundamentals of Mortgage Banking for Servicing Professionals; MBA DEI Playbook Member Resoure. To read more, click on today’s MBA News headline.
Matt Rocco Moves to Colliers Mortgage
Mortgage Bankers Association 2023 Chairman Matt Rocco has made a career move.
CBRE: Moderate Recession Will Likely Slow Leasing, Investment
CBRE, Dallas, said it expects a moderate recession next year that will bring declines in real estate investment and leasing activity, though inflation will likely recede by year-end.
Dealmaker: M&T Realty Capital Corp. Provides $22M for Ohio Affordable Housing Property
M&T Realty Capital Corp., Baltimore, provided a $21.5 million bridge loan for a 337-unit affordable housing property in Athens, Ohio.
ACES: Critical Defect Rates Up 6%
ACES Quality Management, Denver, issued its quarterly Mortgage QC Industry Trends Report, showing the overall critical defect rate increased by 6% in the second quarter to 2.05%, crossing the 2% threshold for only the third time in this report’s history.
Initial Claims Fall to 4-Month Low
Initial claims for unemployment insurance fell to their lowest level since September, the Labor Department reported Thursday.
People in the News Dec. 16, 2022: MISMO Names Jan Davis Acting President
MISMO®, the real estate finance industry standards organization, announced Vice President of Operations Jan Davis will serve as Acting President
Today’s Top National News Dec. 16 2022
Here’s a summary of Top National News Items from major news sites and industry trade publications. To get started, click on the headline above: