MBA recognizes commercial/multifamily members that show leadership in the areas of Diversity, Equity and Inclusion internally through market outreach efforts. As the world continues to evolve, DEI programs are more important than ever before. The Commercial/Multifamily entry period is now open, and will close on November 4.
Category: News and Trends
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“The residential market needs significantly more density in the areas of the largest cities, where the demand is greatest and where the tallest office buildings are located. Not all buildings are equally threatened by the work-from-home revolution. Larger office buildings in abandoned central business districts are better suited to conversion than the often-smaller office complexes distributed around the suburbs.”
–Doug Ressler, Manager of Business Intelligence with RentCafe, Santa Barbara, Calif.
Mark Tribuna of CRA Note Exchange: How Habitat for Humanity Affiliates Build More Homes
Mark Tribuna is the senior advisor for CRA Note Exchange offered by CBC Mortgage Agency, a national provider of down payment assistance for low- and moderate-income homebuyers.
Katie Parsons of JLL on Today’s Industrial Sector
Katie Parsons is Managing Director and Head of the Industrial Sector for JLL Valuation Advisory, which conducts assignments throughout the United States across property types including warehouse/distribution centers, manufacturing, cold storage, food/beverage processing facilities, truck terminals, R&D facilities, industrial yards, business parks and airport-related facilities.
Call for Speakers: MBA Technology Solutions Conference & Expo; Deadline TODAY
Speaking opportunities for breakout sessions are now being accepted for The Mortgage Bankers Association’s Technology Solutions Conference & Expo 2023, taking place April 2–5 at the San Jose McEnery Convention Center in San Jose, Calif.
People in the News Nov. 4, 2022: Wells Fargo Names Kristy Fercho to Lead Diversity Efforts
Wells Fargo, San Francisco, announced Kristy Fercho, head of Wells Fargo Home Lending, has been named the company’s new head of Diverse Segments, Representation and Inclusion, responsible for integrating diversity, equity and inclusion into every aspect of the company’s business and delivering marketplace and workplace outcomes.
Fed Raises Rate to 15-Year High
The Federal Open Market Committee, as expected, raised the federal funds rate by 75 basis points on Wednesday to its highest level since 2008.
Mark Tribuna of CRA Note Exchange: How Habitat for Humanity Affiliates Build More Homes
Mark Tribuna is the senior advisor for CRA Note Exchange offered by CBC Mortgage Agency, a national provider of down payment assistance for low- and moderate-income homebuyers.
ADP: October Private-Sector Employment Up 239,000; Pay Up 7.7%
In the second of four major jobs reports this week, ADP, Roseland, N.J., said private-sector employment in October increased by 239,000 jobs, while annual wages jumped by 7.7 percent.
Housing Market Roundup, Nov. 3, 2022: Homeowner Equity Keeps Rising; 98% of Metros See Decline in Home Prices
Here’s a quick summary of recent housing market articles that have come across the MBA NewsLink desk: