Real Capital Analytics, New York, reported U.S. commercial property price growth slowed in September to the weakest rate seen since early 2021.
Category: News and Trends
MBA Weekly Survey Oct. 26, 2022: Rates Increase 10th Straight Week; Applications Drop Again
Mortgage rates rose for the 10th consecutive week, driving mortgage applications to another 25-year low, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending October 21.
October Consumer Confidence Stumbles
The Conference Board, New York, reported its Consumer Confidence Index fell in October after back-to-back monthly gains. The Index fell to 102.5, down from 107.8 in September.
Home Prices Continue ‘Forceful Deceleration’
Tuesday’s reports confirm a steady, even “forceful” deceleration in home prices.
Dealmaker: Dwight Capital Finances $73.7M
Dwight Capital, New York, provided a $36 million HUD 223(f) loan for Villas of Capri, a 235-unit affordable apartment community in Naples, Fla.
#MBAAnnual22: Former Fed Vice Chair Roger Ferguson Reads the Tea Leaves
NASHVILLE—In the current volatile economic environment, former Federal Reserve Vice Chair Roger Ferguson said the best qualities in formulating economic policy are evenhandedness and empathy.
#MBAAnnual22: MORPAC Presents Eddy G. Perez Jr., CMB, with 2022 Schumacher-Bolduc Award
NASHVILLE—The Mortgage Bankers Association Political Action Committee, MORPAC, presented Eddy Perez, CMB, President and CEO of Equity Prime Mortgage, Atlanta, with the 2022 Schumacher-Bolduc Award.
mPowering You: ‘Get Out of Your Own Way’
NASHVILLE—All professionals face challenges in the workplace, but executive coach Nichole Provonchee says decades of research by academics and her own research shows women face specific challenges more often than their male counterparts.
Today at MBA Annual22
NASHVILLE—The Mortgage Bankers Association’s Annual Convention & Expo concludes Wednesday with a final session.
MBA Opens Doors Foundation Announces 2022 Award Winners
NASHVILLE – The MBA Opens Doors Foundation announced recipients of its annual awards, which recognize those who have made lasting contributions to advance the Foundation’s mission of providing mortgage and rental assistance to families with critically ill or injured children.