MBA offices are open today (Monday, Oct. 14)
This past Monday, President Trump announced that he intends to nominate Federal Housing Administration (FHA) Commissioner Brian Montgomery to be the next Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD). Also, President Trump signed two Executive Orders on regulatory guidance issued by federal agencies. And the Treasury Department issued proposed rules to help ease the transition from the London Interbank Offered Rate (LIBOR) to other reference rates.
In a new white paper, Fannie Mae, Washington, D.C., has a simple message for mortgage lenders: go digital--or go out of business.
Commercial real estate values are dictated by property incomes and capitalization rates, or the yields investors are looking to receive on their investments.
Mortgage lending is too expensive.
Lisa J. Haynes, Senior Vice President, Chief Financial Officer and Diversity and Inclusion Officer with the Mortgage Bankers Association, was presented with the Association CFO of the Year Award by Association TRENDS. Haynes received the award at the Nonprofit CFO of the Year Awards reception in Washington.
Redfin, Seattle, said just 11 percent of offers written by its agents on behalf of their home buying customers faced a bidding war in September, down from 41 percent a year earlier, but up slightly from the eight-year low of 10 percent in August.
Next year will mark the first time a meaningful amount of post-crisis 10-year commercial mortgage-backed securities loans come due. So Kroll Bond Rating Agency studied 2009-vintage loans to see how well they will refinance.
CBRE hosted its 2019 Power of WE and Women’s Networking Forum conferences Oct. 1-4 in Chicago. The theme was “We Build Better Together,” recognizing the impact of women in the company and the commercial real estate industry.
Berkadia closed two multifamily transactions totaling $37 million in Alabama.
The Mortgage Bankers Association's Annual Convention & Expo is less than three weeks away.