MBA Advocacy Update
On Thursday Consumer Financial Protection Bureau Director Kathy Kraninger provided her semi-annual testimony before the House Financial Services Committee. During the hearing, Kraninger addressed questions regarding the “QM Patch” and HMDA reporting.
MBA: Commercial/Multifamily Borrowing Hits New High to Close Out 2019
SAN DIEGO--A 7 percent increase in commercial and multifamily mortgage originations in the fourth quarter capped off a strong 2019 for the market, according to preliminary estimates from the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
January Jobs Report Beats Expectations
Total nonfarm payroll employment rose by 225,000 in January, beating economists’ expectations, the Bureau of Labor Statistics reported on Friday.
MBA Chart of the Week: Where from Here? One Scenario
On Sunday, we kicked off CREF 2020--MBA's 2020 Commercial Real Estate Finance/Multifamily Housing Convention & Expo, with an economic and mortgage market update. One of the main messages: the commercial/multifamily markets ended 2019 on a very strong note.