mPowering You: MBA’s Summit for Women in Real Estate Finance, takes place Saturday, Oct. 22 in Nashville, Tenn., ahead of the MBA Annual Convention & Expo.
Category: News and Trends
Jeff Coles of Berkadia on Single-Family Rental/Built-for-Rent Markets
Jeff Coles is Vice President of Institutional Client Services with Berkadia, Washington, D.C. He leads Berkadia’s Single-Family Rental & Built-for-Rent specialty.
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“A fear has been that LIHTC properties would simply jack up rents to the top of the market at the expiration of their rent and income restrictions, generally about 30 years, but that’s not usually the case. Any loss of units affordable to the lowest income renters is concerning, but there is some consolation in that LIHTC properties typically continue to serve low- and middle-income renters.”
–Steve Guggenmos, Vice President of Research & Modeling with Freddie Mac, McLean, Va.
Joe Ludlow of Advantage Systems: The Importance of Tracking Every Dime in a Rising-Rate, Recessionary Mortgage Market
The reality is that most lenders will see their volumes drop regardless of what they do, so they are also looking for additional strategies for staying profitable; one place to affect meaningful change is in lowering existing operational costs.
People in the News July 18, 2022: Akerman Adds Nailah Tatum as Partner in Tallahassee
Akerman LLP announced expansion of its Real Estate Practice Group with partner Nailah Tatum in Tallahassee, Fla.
Chayan Jagsukh of Tavant: Borrower Data Privacy: The Unsung Differentiator
With the vast amount of information required to approve a mortgage/home loan, it’s the responsibility of the lenders to ensure that the privacy of the information collected from the borrower is maintained.
Jeff Flory, CMB, AMP, of Baker Tilly: CFPB Increases Scrutiny of Mortgage Servicers as Pandemic Emergency Eases
It is not surprising that the CFPB has increased its scrutiny of mortgage servicers, particularly as the industry moves from a COVID-19 pandemic-induced emergency state to a more normalized servicing environment.
MBA Premier Member Profile: Salesforce
Salesforce is the #1 CRM, bringing companies and customers together in the digital age.
Fannie Mae: 2Q Home Prices Down from Record High
Fannie Mae, Washington, D.C., said single-family home prices increased at the annualized rate of 19.4 percent in the second quarter–down slightly from the previous quarter’s upwardly revised 20.5 percent, but still at a highly elevated pace.
Initial Claims at 2022 High
Initial claims for unemployment insurance rose last week to their highest level in 2022, the Labor Department reported Thursday.