KBRA, New York, recently published a report, SFR Securitizations: A Decade in the Making, analyzing the sector’s evolution and growth. MBA Newslink interviewed the report’s authors about the factors driving the sector’s growth.
Category: News and Trends
Industry Briefs Sept. 26, 2022: CFPB Annual Report Shows End to Refi Boom, Rise in Home Purchase Loans
The Consumer Financial Protection Bureau released its annual report on residential mortgage lending activity and trends for 2021. The report shows a shift from refinance loans in 2020 to home purchase loans in 2021, with a greater share of home purchase loans going to Asian, Black and Hispanic white borrowers
People in the News Sept. 26, 2022: Fannie Mae Names Anthony Moon EVP/Chief Risk Officer
Fannie Mae, Washington, D.C., appointed Anthony Moon as Executive Vice President and Chief Risk Officer, responsible for Fannie Mae’s Enterprise Risk Management, which oversees the company’s governance and strategy for global risk management.
MBA Chart of the Week Sept. 23, 2022–Fed Dot Plots
In response to inflation continuing to run well above its target of 2%, the Federal Reserve this week again raised the federal funds target by 75 basis points. Now at 3%, the rate above what most FOMC members consider to be the long-term level and should be effective in reducing demand and slowing inflation over time.
MBA Advocacy Update Sept. 26 2022
On Wednesday, MBA President and CEO Bob Broeksmit, CMB, joined a small group of industry and affordable housing leaders at the White House for a constructive meeting on ways to address housing supply and affordability challenges across the country. On Tuesday, MBA member David Battany, Executive Vice President of Capital Markets at Guild Mortgage, testified before a Senate subcommittee on USDA’s Rural Housing Service lending program.
Dealmaker: Marcus & Millichap Completes $44 Million Multifamily Sale in Birmingham
Marcus & Millichap completed sale of The Hills at Hoover, a 320-unit multifamily asset in the Hoover submarket of Birmingham, Ala. The property traded for $44 million or $137,500 per unit.
Tony Thompson, CMB, of NAMMBA: Partnerships are More Than Just Warm and Fuzzy
“Doing” Diversity, Equity, and Inclusion (DEI) might not have been on your radar when you started working in the real estate finance industry.
Sponsored Content from Boston National Title: A Better Title Solution for Increased Default Volume
While no one knows exactly what the next 12–18 months will look like, everyone can be better prepared to deal with default.
MISMO Call for Participants for New Commercial Community of Practice
MISMO®, the real estate finance industry standards organization, issued a call for participants for a new Commercial Community of Practice focused on monitoring commercial and multifamily industry trends and exploring potential standards for commercial and multifamily initiatives.
MBA Home For All Pledge Partner: MGIC
(One in a series of profiles of MBA member companies that have signed the MBA Home For All Pledge, an initiative to promote inclusion in housing.)