Category: News and Trends

#MBASecondary22: ‘The Time for Leadership’

NEW YORK—Mortgage Bankers Association President & CEO Bob Broeksmit, CMB, opened the MBA Secondary and Capital Markets Conference here on Monday in a very different mortgage environment from its most recent gathering three years ago.

| By Mike Sorohan

The Business Case for Renewable Energy in Real Estate

Investments in renewable energy could unlock billions in real estate value, help building owners reduce long-term energy costs and generate supplemental income, said the Urban Land Institute, Washington, D.C.

| By msorhan

#MBACREFST22: Servicers Survive A Crisis for the Ages

LOS ANGELES–Commercial mortgage servicers have faced–and weathered–a “crisis for the ages,” said Mortgage Bankers Association Chair-Elect Matt Rocco here Monday at the MBA Commercial/Multifamily Finance Servicing and Technology Conference.

| By MBA NewsLink Staff

Dealmaker: Dwight Capital Finances $108M

Dwight Capital, New York, closed $108.2 million in loans for multifamily properties in Illinois and Connecticut and a bridge loan for a mixed-use property in San Francisco.

| By msorhan

Quote

“A stunning five million families are still in their homes, thanks in large to your grace and good work. It’s tough to overstate the difference you made. We’ve heard a lot of talk about ‘stimulus’ and ‘relief,’ but you did more than anyone else to make those words a reality. When interest rates fell, you helped borrowers turn them into refis. And when checks went out, you helped families turn them into the down payment on a new home.”
–MBA President & CEO Bob Broeksmit, CMB.

| By MBA NewsLink Staff