MBA Builder Applications Survey lede sentence HERE
Category: News and Trends
Apartment Rent Growth Moderates as Pipeline Swells
U.S. apartment rent growth moderated in July as apartment deliveries accelerated, according to new reports.
MBA Advocacy Update Aug. 22 2022
On Wednesday, FHFA and Ginnie Mae jointly released their long-awaited final capital, liquidity, and net worth requirements for sellers and servicers of loans backed by the GSEs and Ginnie Mae issuers. Also last week, the author of legislation in California (SB1323), that would have created a byzantine new foreclosure process for residential properties that have more than 10% equity withdrew his bill from Assembly floor consideration.
Housing Market Roundup Aug. 22 2022
Here’s a quick summary of housing/real estate finance articles that have come across the MBA NewsLink desk:
Dealmaker: JLL Arranges $230M For Massachusetts Life Sciences Development
JLL Capital Markets, Chicago, arranged a $230 million construction loan for 15 McGrath Highway, a speculative life sciences development totaling 262,000 square feet in Somerville, Mass.
MBA Chart of the Week Aug. 19 2022: IMB Average Quarterly Production Profits
This week’s MBA Chart of the Week illustrates the average historical pre-tax production profits for each respective quarter of the year, from Q3 2008 to Q2 2022. These historical quarterly averages are then compared to the most current net production profit corresponding to that quarter.
The Week Ahead, Aug. 22, 2022: Five Things to Know
Good morning and happy Monday! Keep the A/C cranked up! Here’s what’s happening this week:
MBA Human Resources Symposium Sept. 8-9
The Mortgage Bankers Association’s annual Human Resources Symposium takes place Sept. 8-9 in Arlington, Va.
MBA Education Launches AMP Credly Badge
MBA Education recently launched the AMP Credly Badge, a digital badge for mortgage professionals who have earned the Accredited Mortgage Professional (AMP) designation.
Quote
“The construction industry is finally returning to pre-pandemic levels of activity, but is still being hampered by three familiar challenges: labor shortages, material costs and availability and supply chain issues.”
–Doug Ressler, Manager of Business Intelligence with Yardi Matrix, Santa Barbara, Calif.
