Speaking opportunities for breakout sessions continue to be accepted for The Mortgage Bankers Association’s Servicing Solutions Conference & Expo 2023, taking place February 21–24 at Hyatt Regency Orlando.
Category: News and Trends
MBA Advocacy Update Oct. 10, 2022
On Tuesday, HUD published a Request for Information that seeks stakeholder input on barriers to originating small balance mortgages in the FHA loan program. Earlier this month, the federal District Court for the District of Columbia ruled that the Home Mortgage Disclosure Act reporting threshold should be decreased from 100 closed-end loans to 25 closed-end loans.
Employment Show Signs of Slowing
Non-farm employment slowed to 263,000 jobs in September, the Bureau of Labor Statistics reported Friday, while the unemployment rate fell back to pre-pandemic levels.
CoreLogic: Insured, Uninsured Damages for Hurricane Ian at $41-$70 Billion
CoreLogic, Irvine, said final damage estimates for Hurricane Ian could run as high as $70 billion—of which up to $17 billion could be uninsured.
Net Lease Cap Rates Increase
The Boulder Group, Wilmette, Ill. said single-tenant net lease property cap rates increased slightly for all three asset classes in the third quarter as debt costs increased.
Dealmaker: Institutional Property Advisors Closes $76 Million Studio City Multifamily Sale
Institutional Property Advisors, Ontario, Calif., sold Avalon Studio 4121, a 149-unit multifamily asset in Los Angeles’ Studio City neighborhood.
MBA Chart of the Week Oct. 7, 2022: 2021 Housing Stock
In this week’s MBA Chart of the Week, we show the stock of occupied homes in the U.S. by the decade built and by building type. The chart indicates that the housing stock in the U.S. is aging.
The Week Ahead, Oct. 10, 2022: 5 Things to Know
Good morning, and welcome to another week. MBA offices are open today (Columbus Day), but if you’re observing the holiday and reading this a day later—Happy Tuesday. Here’s what’s happening this week:
mPowering You: MBA’s Summit for Women in Real Estate Finance in Nashville Oct. 22
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.
People in the News Oct. 7, 2022: MonitorBase Promotes Lilly Staniforth to VP Business Relations
MonitorBase, Murray, Utah, promoted Lilly Staniforth to vice president of business relations. She will focus on improving the company’s brand awareness and value proposition and building stronger client relationships.