Despite a challenging capital markets environment and economic uncertainty, real estate investment trusts continue to post strong earnings performance, with a substantial majority of REITs that have reported to date beating analyst estimates, said JLL, Chicago.
Category: News and Trends
Dave Miller of Cenlar: Industry Outlook for Mortgage Servicing
More originators will look to partner with servicers that have the expertise to manage the regulatory and compliance requirements, which is undeniably the most critical factor to consider when choosing a servicer.
MBA Report: IMBs Report 3Q Losses
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net loss of $624 on each loan originated in the third quarter, the Mortgage Bankers Association reported Friday.
Q/A: Nick Smith of Rice Park Capital Management
Nick Smith is Founder, Managing Partner and CEO of Rice Park Capital Management, a private investment firm managing various investment vehicles and venture capital funds on behalf of institutional investors, family offices and high net worth individuals.
Patrick Kehoe of Messagepoint: Why Now is the Time to Bring Control Over Your Borrower Communications Back In-house
Today’s communications systems make it possible for mortgage servicers to take back control with business users at the helm over the authoring and management process through the point of sending it to the printer or digital systems that deliver or mail the communication. This gives servicers the opportunity to lower costs, reduce operational risk, and set up for a thriving digital future.
What to Expect When Expecting Distress: A Special Servicer Roundtable
With interest rate hikes, recession talk and rising inflation defining themes for commercial real estate, MBA NewsLink asked three special servicing executives to get their takes on labor, property and capital market dynamics.
Souren Sarkar, CMB of Nexval on Business Process Outsourcing
Souren Sarkar, CMB, is the president and co-founder of Nexval, a provider of technology-enabled mortgage services and fintech innovation for the financial services industry.
MBA Chart of the Week Nov. 18, 2022: Return to Office Rates
This week’s Chart of the Week highlights data from Kastle Systems for November 3-9, showing the range of daily occupancy rates for 10 major metros. For these metros, the lowest average occupancy rate for a particular day of the week was 32.2 percent, and the highest was 56.0 percent, compared to essentially 100 percent occupancy pre-pandemic for most days.
Quote
“The increasing threat of flood damage in many areas poses a significant risk to both homeowners and the FHA program. Accepting private flood insurance shifts some of the risk to the private market, ultimately helping to protect FHA’s Mutual Mortgage Insurance Fund.”
–MBA President & CEO Robert Broeksmit, CMB.
MBA Advocacy Update Nov. 21, 2022
With just a few races left to be finalized, Republicans secured a narrow House majority in the coming Congress earlier this week. And regardless of the December 6 Georgia runoff outcome, Democrats have retained their Senate majority. Leaders and key committee chairs in both chambers will be determined in the coming weeks.