On Tuesday, MBA submitted comments supporting the Federal Housing Finance Agency's proposed rule to extend the current GSE affordable housing goals by one year to allow for a better assessment of the economic landscape. In addition, MBA is continuing to work with its state and local partner associations to advocate for extension of work-from-home guidance and “no action” letters permitting state licensed staff to work remotely during the pandemic.
The Mortgage Bankers Association's first-ever virtual Annual Convention & Expo kicks off this morning, Oct. 19 and runs through Wednesday, Oct. 21.
CRE mortgage demand is generally on the rise, with four times more firms expecting borrower demand to be “very strong” in the fourth quarter (24%), compared to the 6% who believed demand was “very strong” in the third quarter.
Single-family rental property fundamentals remain healthy, but there could be trouble on the horizon.
RIHA Study: More than 6 Million Renters and Homeowners and 26 Million Student Debt Borrowers Missed September Payment
More than six million households did not make their rent or mortgage payments, and 26 million individuals missed their student loan payment in September, according to third quarter research released today by the Mortgage Bankers Association's Research Institute for Housing America.